Human life has an inconceivable amount of value that is challenging to evaluate, even more difficult to compete with and impossible to replace. During any natural disaster, loss of human life is the most tragic loss. Not only does it have sentimental aspect to it but monetarily, it’s of utmost importance.
EVALUATION:
Although the evaluation of HLV (Human Life Value) is a complicated process, it contains some fairly basic components that are easily fathomed. Like a family’s sole bread earner has much more HLV than a new born child. Though a new born child has high sentimental value. Some basic factors include income, financial status, family status, family position, educational qualifications etc.
PRIORITIZATION:
For a person, he, himself, holds the most HLV. Then comes prioritization based on relationships, bonds and logic. In insurance world, for example, you can only insure people you have monetary relationships with. You can insure your spouse, partner, even your debtor and creditor but not your siblings. Strange but true. That’s why big firms are now indulging into Key person insurance. It’s the insurance cover for the indispensable employees of the firm, without whom the companies might suffer loss.
The world these days runs on and for money, emotions come second.
19 Comments. Leave new
Truly said!
this is the biggest truth of life which has to be accepted by one and all. And as soon as you accept it , life would be much better.
Well written..!
You said it right! Emotions and relations are second in this competetive world..
Well written!!
Rightly said! Indeed monetary relationships are given greater priority than any other relationship these days!
a very needed article there is need that we rais issues like these.
Well said!! It is bitter truth of life that money comes first and emotions second..
Very well said! Completely agree with you! Good post.
Thank you everyone 🙂
True!! Humanistic approach needed badly!
Ethically speaking a new born and a sole earner of the family should have same value of life
WELL WRITTEN.
Truly said!
The bitter truth of life
true 🙂
Bitter truth.. But we have to live with it..
Very interesting and relevant topic
Value people more than money,because money can’t buy everything.
worth a read. nice article
Great work!