Effective Date of Benefit Termination Clause Samples
The 'Effective Date of Benefit Termination' clause defines the specific date on which an individual's entitlement to certain benefits officially ends. In practice, this clause clarifies whether benefits cease immediately upon an event such as termination of employment, at the end of a notice period, or on another predetermined date. By establishing a clear cutoff point for benefits, the clause helps prevent misunderstandings and disputes regarding ongoing eligibility, ensuring both parties are aware of when benefit coverage concludes.
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Effective Date of Benefit Termination. Medical, dental and life coverage termination will take effect on the first of the month following the loss of eligible employee or dependent status. Disability benefit coverage terminations will take effect on the day following loss of eligible employee status.
Effective Date of Benefit Termination. Medical coverage termination will take effect on the first of the month following the end of the pay period coinciding with or next following the date of application to cancel coverage, or the loss of eligible employee or dependent status. All other benefit coverage terminations will take effect on the first day of the pay period coinciding with or next following the date of the application to cancel coverage, or the loss of eligible employee or dependent status.
Effective Date of Benefit Termination. Medical, dental, and life coverage termination 9 will take effect on the first of the month following the loss of eligible teacher or 10 dependent status. Disability benefit coverage terminations will take effect on the day 11 following loss of eligible teacher or dependent status.
Effective Date of Benefit Termination. Medical, dental, and life coverage termination will 2 take effect on the first of the month following the loss of eligible teacher or dependent