Conditions of Insurability Clause Samples

Conditions of Insurability. The insurance programs described in this Article, which were selected by the Board, shall be provided to all teachers who are eligible, wish to enroll, and meet the criteria. For insurance purposes, the school year is defined as the first mandatory day of teacher attendance through August 14 of the following calendar year. The District’s benefit plan year is January 1 through December 31 of each year. Open enrollment is held each fall. Open enrollment for new employees is within the first 30 days of employment. If retirees are accepted immediately into TRS insurance coverage, District insurance coverage shall remain in effect through June 30. If a teacher’s employment terminates before the end of the school year, insurance coverage ends on the last day of the month in which the teacher ceases professional services to the District. If a teacher’s employment terminates after the end of the school year, insurance coverage ends on August 14. A teacher, who has been granted a family leave of absence under the provisions of Article XI, Section 11.2, may remain in the District’s group insurance program, if permitted by the carrier, provided the teacher pays the entire premium for all portions of the selected insurance program for the length of the leave. The District will cease payment of all insurance premiums for the teacher at the end of the month for which the last payroll check is issued. The teacher shall make the monthly premium payments directly to the administrative agent of the insurance program in a timely fashion. Failure to pay on time will result in loss of coverage.
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Conditions of Insurability. All existing members who are in the age group of 18 yrs. (complete) to 79 yrs will be eligible to join the scheme. A maximum cover of Rs. 10 Lakhs will be provided for loanee and Rs. 1. 00 lac for Depositor & Employees and minimum cover amount will be Rs 1000.
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Conditions of Insurability. The insurance programs described in this Article, which were selected by the Board, shall be provided to all employees who are eligible, wish to enroll, and meet the criteria. For insurance purposes, the school year is defined as the first mandatory day of employee attendance through August 14 of the following calendar year. The District’s benefit plan year is January 1 through December 31 of each year. Open enrollment is held each fall. Open enrollment for new employees is within the first 30 days of employment. If retirees are accepted immediately into IMRF insurance coverage, District insurance coverage shall remain in effect through June 30. If an employee ’s employment terminates before the end of the work year, insurance coverage ends on the last day of the month in which the employee ceases professional services to the District. If a 9-month employee’s employment terminates after the end of the school year and prior to the beginning of the next work year, insurance coverage ends August 14th. If any other employee’s employment terminates after the end of the school year, insurance coverage ends on the last day of the last month of their work year, or at the end of the current month, whichever date is later.
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Conditions of Insurability. The insurance programs described in this Article, which were selected by the Board, shall be provided to all teachers who are eligible, wish to enroll, and meet the criteria. For insurance purposes, the school year is defined as September 1 through August 31. For new hires, open enrollment is established as September 1 through September 30 of each year or within the first thirty days of employment. For current employees, open enrollment is May 1 through May 31 of each year. Insurance options, including the Medical Insurance Option as defined in Section 10.5, must be determined no later than May 31. A teacher who tenders a resignation effective at the end of the school year, which is accepted and approved by the Board, shall retain insurance coverage through August 31. If retirees are accepted immediately into TRS insurance coverage, District insurance coverage shall remain in effect through June 30. Coverage for a teacher who has been dismissed/released from his/her teaching duties shall end on the last day of the month in which the teacher ceases professional services to the District. A teacher, who has been granted a leave of absence under the provisions of Article XI, Section 11.2, may remain in the District’s group insurance program, if permitted by the carrier, provided the teacher pays the entire premium for all portions of the selected insurance program for the length of the leave. The District will cease payment of all insurance premiums for the teacher at the end of the month for which the last payroll check is issued. The teacher shall make the monthly premium payments directly to the administrative agent of the insurance program in a timely fashion. Failure to pay on time will result in loss of coverage.
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Related to Conditions of Insurability

  • Modification of insurance requirements The Security Trustee shall notify the Borrower of any proposed modification under Clause 13.18 to the requirements of this Clause 13 which the Majority Lenders consider appropriate in the circumstances, and such modification shall take effect on and from the date it is notified in writing to the Borrower as an amendment to this Clause 13 and shall bind the Borrower accordingly.

  • Other Insurance Requirements (a) Thirty (30) days’ advance written notice shall be provided to the City of cancellation, intended non-renewal, or reduction in coverages, except for non-payment for which no less than ten (10) days’ notice shall be provided to City. Notices shall be sent to the City address set forth in Section 11.1 entitled “Notices to the Parties.” (b) Should any of the required insurance be provided under a claims- made form, Contractor shall maintain such coverage continuously throughout the term of this Agreement and, without lapse, for a period of three years beyond the expiration of this Agreement, to the effect that, should occurrences during the Agreement term give rise to claims made after expiration of the Agreement, such claims shall be covered by such claims-made policies. (c) Should any of the required insurance be provided under a form of coverage that includes a general annual aggregate limit or provides that claims investigation or legal defense costs be included in such general annual aggregate limit, such general annual aggregate limit shall be double the occurrence or claims limits specified above. (d) Should any required insurance lapse during the term of this Agreement, requests for payments originating after such lapse shall not be processed until the City receives satisfactory evidence of reinstated coverage as required by this Agreement, effective as of the lapse date. If insurance is not reinstated, the City may, at its sole option, terminate this Agreement effective on the date of such lapse of insurance. (e) Before commencing any Services, Contractor shall furnish to City certificates of insurance and additional insured policy endorsements with insurers with ratings comparable to A-, VIII or higher, that are authorized to do business in the State of California, and that are satisfactory to City, in form evidencing all coverages set forth above. Approval of the insurance by City shall not relieve or decrease Contractor’s liability hereunder. (f) If Contractor will use any subcontractor(s) to provide Services, Contractor shall require the subcontractor(s) to provide all necessary insurance and to name the City and County of San Francisco, its officers, agents and employees and the Contractor as additional insureds.