Duration of Insurance Contribution and Coverage Sample Clauses

The 'Duration of Insurance Contribution and Coverage' clause defines the specific time period during which insurance contributions must be made and coverage is provided under the policy. Typically, this clause outlines the start and end dates of both the obligation to pay premiums and the insurer’s responsibility to provide coverage, and may address scenarios such as renewal, cancellation, or lapses in payment. Its core practical function is to ensure both parties are clear on when insurance protection is active and when financial obligations are due, thereby preventing disputes over coverage periods or unpaid contributions.
Duration of Insurance Contribution and Coverage. Employees are eligible for School Board contributions as provided by this Article as long as the Employees are employed by the School Board on a full-time or qualifying basis.
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Duration of Insurance Contribution and Coverage. Subd. 1. Full-time Mechanics are eligible for School Board contributions as provided by this Article as long as the Mechanics are employed by the School Board on a full-time basis. In the event a Mechanic’s employment status changes from full-time to part-time status, all School Board insurance contributions shall cease until the Mechanic again attains full- time status, but the affected Mechanic shall be allowed to maintain coverage at his or her own expense during such part time status.
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Related to Duration of Insurance Contribution and Coverage

  • Duration of Insurance Contribution An employee is eligible for School District contributions as provided in this Article as long as an employee is employed by the School District. Employees whose employment terminates during the school year will be eligible for insurance and district contributions to insurance through the end of the month in which they terminate provided they pay the employee portion of the insurance premium for that month. Otherwise, the employee’s insurance will terminate as of the last day of employment.

  • Termination of Insurance A. Your policy will lapse if you do not pay your premium when due. B. We may cancel your policy by mailing written notice to you at your most recent address in our records. We will send you this notice ten (10) days before we cancel your policy. C. You may cancel your policy at any time by notifying us in writing. D. We will refund unearned premiums on a prorated basis if either you or we cancel your policy.

  • Continuation of Insurance All policies of insurance shall provide for at least 30 days prior written cancellation notice to the Secured Party. In the event of failure by the Debtor to provide and maintain insurance as herein provided, the Secured Party may, at its option, provide such insurance and charge the amount thereof to the Debtor. The Debtor shall furnish the Secured Party with certificates of insurance and policies evidencing compliance with the foregoing insurance provision.

  • Maintenance of Insurance Coverage Each party agrees to maintain throughout the term of this Agreement professional liability insurance coverage of the type and amount reasonably customary in its industry. Upon request, a party shall furnish the other party with pertinent information concerning the professional liability insurance coverage that it maintains. Such information shall include the identity of the insurance carrier(s), coverage levels, and deductible amounts.

  • Separation of Insureds All liability policies shall provide cross-liability coverage as would be afforded by the standard ISO (Insurance Services Office, Inc.) separation of insureds provision with no insured versus insured exclusions or limitations.