MLchartDataset catalogue

Occupational classification

Term · Insurance and risk management · MLC-T-INS-002384

A system for categorizing jobs and industries based on the nature of the work performed and the associated hazards. Insurers use these classifications to assess risk and determine appropriate workers' compensation premium rates for employers. Each classification code reflects the expected frequency and severity of workplace injuries for that type of employment.

Table 1. Record
IdentifierMLC-T-INS-002384
FieldInsurance and risk management
SubjectWorkers Compensation
Record as JSON 
{
  "id": "MLC-T-INS-002384",
  "term": "Occupational classification",
  "field": "Insurance and risk management",
  "definition": "A system for categorizing jobs and industries based on the nature of the work performed and the associated hazards. Insurers use these classifications to assess risk and determine appropriate workers' compensation premium rates for employers. Each classification code reflects the expected frequency and severity of workplace injuries for that type of employment.",
  "subject": "Workers Compensation",
  "url": "https://mlchart.com/terminology/insurance/occupational-classification/"
}

Record 2,395 of 3,748 in Insurance and risk management terminology (MLC-0106). Request the full dataset.