Common use of Plan C Clause in Contracts

Plan C. A cash stipend of $3,000 annually while actively employed on a full-time basis by the College with Group Life Insurance in the amount of $50,000. In the event of accidental death, the insurance carrier will pay twice the stated amount. See insurance certificate for schedule of dismemberment coverage.

Plan C. A cash stipend of $3,000 5000 annually while actively employed on a full-time basis by the College with Group Life Insurance in the amount of $50,000. In the event of accidental death, the insurance carrier will pay twice the stated amount. See insurance certificate for schedule of dismemberment coverage. B. In accordance with the current plan, optional life insurance will continue to be available with the premium costs paid by the employee.