Direct cost and indirect cost of accident :-

Direct cost :- Also refered as insurance cost,covered by workers compensation insurance. Other minor medical cost for the accident. Accident Ave direct costs like medical, hospital, rehabilitation expenses,workers compensation payments,Higher insurance premiums or even loss of insurability.

Indirect costs:-

1. Lost of productive time.

2. product and material damage.

3. Accident investigation cost.

4. Reduced morale among your employees lead to lower efficiency.

5. Loss of business and good will.

6. Recruiting,Hiring, training, replacement worker.