Common use of Basic Benefit Clause in Contracts

Basic Benefit. The basic life insurance benefit is $50,000 for employees. This shall be the default level of life insurance coverage, which shall be provided at no cost to the employee.

Appears in 8 contracts

Sources: Collective Bargaining Agreement, Collective Bargaining Agreement, Collective Bargaining Agreement

Basic Benefit. The basic life insurance benefit is $50,000 15,000 for employees. This basic benefit shall be the default level of life insurance coverage, which shall be provided at no cost to the employee.

Appears in 6 contracts

Sources: Collective Bargaining Agreement, Collective Bargaining Agreement, Collective Bargaining Agreement