Common use of Life Coverage Clause in Contracts

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.

Appears in 2 contracts

Sources: Collective Bargaining Agreement, Collective Bargaining Agreement