Life Coverage Clause Samples
Life Coverage. Paragraph 1: The Board shall provide a group term life coverage in the sum of $30,000 for all teachers employed half time or more. Any increases in coverage shall not be effective until the teacher reports or is able to report for work.
Life Coverage. The Employer shall provide "straight-term" life insurance or coverage for each permanent, full-time employee equal to the employee's annual salary rounded to the next highest thousand dollars or ten thousand dollars ($10,000), whichever is greater and including provisions for accidental death and dismemberment.
Life Coverage a. Faculty Member. A faculty member may purchase up to five hundred thousand dollars ($500,000) additional life insurance, in increments established by the Employer, subject to satisfactory evidence of insurability. A new faculty member may purchase up to two (2) times annual salary in optional employee life coverage by their initial effective date of coverage as defined in this article, Section E, Subd. 3 without evidence of insurability. An employee who becomes eligible for insurance may purchase up to two (2) times annual salary in optional employee life coverage without evidence of insurability within thirty (30) days of the initial effective date as defined in this article.
Life Coverage a. Faculty Member. A faculty member may purchase up to five hundred thousand dollars ($500,000) additional life insurance, in increments established by the Employer, subject of satisfactory evidence of insurability. A new faculty member may purchase up to two
Life Coverage. The Court agrees to provide straight term life insurance or coverage for each permanent employee in the face amount of $10,000 for those employees whose salary is $10,000 or less; employees earning more than $10,000 annually, insurance coverage will be equal to the employee's salary rounded to the next highest thousand dollars.
Life Coverage. The Employer agrees to provide life insurance or coverage for each permanent employee, equivalent to the employee's annual salary rate rounded to the next highest thousand dollars.
Life Coverage. The County agrees to provide straight term life insurance or coverage for each permanent employee in the amount of not less than ten thousand dollars ($10,000.00), but equal to the employee's salary rounded to the next higher thousand.
Life Coverage. Faculty member. A faculty member may purchase up to five hundred thousand dollars 24 ($500,000) additional life insurance, in increments established by the Employer, subject 25 to satisfactory evidence of insurability. A new faculty member may purchase up to two 26 (2) times annual salary in optional faculty member life coverage by their initial effective 27 date of coverage as defined in this Article, Section 5, Subd. 3, without evidence of 28 insurability. A faculty member who becomes eligible for insurance may purchase up to 29 two (2) times annual salary in optional faculty member life coverage without evidence of 30 insurability within thirty (30) days of the initial effective date as defined in this Article.