Advertisement

Lost Time Claims

Last updated: May 13, 2019

What Does Lost Time Claims Mean?

A lost time claim occurs when a worker is absent for more than 8 days of work due to some injury, then the compensation that is paid to him under his medical insurance policy.

Safeopedia Explains Lost Time Claims

A lost time claim is the compensation (financial, leave, other benefits) that is paid to a worker when he or she remains absent from the work for more than 8 working days. The individual must have a medical insurance policy to claim the lost time, otherwise the claims will not be entertained. In some cases, medical evidence is also required to check the authenticity of the injury.

Advertisement

Share This Term

  • Facebook
  • LinkedIn
  • X

Related Terms

Related Reading

Trending Articles

Go back to top