Scheduled loss
Term · Insurance and risk management · MLC-T-INS-003025
A type of permanent partial disability benefit paid for the loss or loss of use of a specific body part, such as an arm, leg, or eye. State workers' compensation laws typically provide a schedule that assigns a fixed number of weeks of benefits for each type of scheduled injury. The amount of compensation is predetermined, regardless of actual wage loss.
| Identifier | MLC-T-INS-003025 |
|---|---|
| Field | Insurance and risk management |
| Subject | Workers Compensation |
Record as JSON
{
"id": "MLC-T-INS-003025",
"term": "Scheduled loss",
"field": "Insurance and risk management",
"definition": "A type of permanent partial disability benefit paid for the loss or loss of use of a specific body part, such as an arm, leg, or eye. State workers' compensation laws typically provide a schedule that assigns a fixed number of weeks of benefits for each type of scheduled injury. The amount of compensation is predetermined, regardless of actual wage loss.",
"subject": "Workers Compensation",
"url": "https://mlchart.com/terminology/insurance/scheduled-loss/"
}
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