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name the method that helps to determine financial
Question:
Name the method that helps to determine financial loss due to loss of human life which is based on assessment on the basis of loss of future income.
CBSE Class X - 2024
CBSE Class X
Updated On:
Jan 13, 2026
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Solution and Explanation
The Human Life Value (HLV) method assesses the financial loss caused by the death of a person. It calculates the future income the person would have earned and their f inancial contribution to dependents.
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