4.9 Calculating the Amount of Economic Loss
Calculating the amount of economic loss can be tricky and each case will need to be determined on its own merits.
The delegate must consider the following factors and nothing else:
1. The financial loss suffered by the dependant as a result of the death
2. The length of time that the dependant would have been dependent on the deceased employee.
It is important to remember that the death lump sum is compensation for loss of economic support and does not compensate for emotional distress as a result of the death.