Transition Coverage Clause Samples

The Transition Coverage clause defines the terms under which insurance or service coverage continues during a period of change, such as when switching providers or policies. Typically, this clause ensures that there is no gap in coverage by extending benefits for a specified time or until the new arrangement takes effect. Its core practical function is to protect parties from lapses in coverage during transitions, thereby minimizing risk and ensuring continuous protection.
Transition Coverage. 10.3.1: Pursuant to Federal Law (COBRA), an employee who terminates or is terminated (except for gross misconduct) is entitled to continue group health plan coverage at the group rate plus administration fee for up to eighteen (18) months.
Transition Coverage. Pursuant to Federal Law, upon conclusion of an employee’s employment with the District, the District will inform eligible employees of available health plan coverage (COBRA).
Transition Coverage. A. All benefits provided under COBRA will be in accordance with those provided by law on the date of the qualifying event.
Transition Coverage. 11.10.1 Pursuant to Federal Law (COBRA), a unit member who resigns, is laid off, or is terminated (except for gross misconduct) is entitled to continue group health plan coverage at the group rate for up to eighteen (18) months. Group health plan includes the package of Health, Dental and Vision coverage. 11.10.2 In certain circumstances, a unit member’s spouse, former spouse, or dependent child may have a right to continued coverage for up to thirty-six (36) months. 11.10.3 All such continued coverage is at the sole cost of the unit member or other qualified individual.
Transition Coverage. 11.5.1 Pursuant to federal law (COBRA), an employee who has been receiving health benefits, and who terminates his/her position or is terminated (except for gross misconduct), is entitled to continue group coverage at his/her expense for up to eighteen (18) months). Note: For a limited time pursuant to federal law, an eligible employee who is terminated may purchase health insurance for up to nine (9) months and pay 35% of the insurance premium. 11.5.2 In certain circumstances, the employee’s spouse, former spouse, or dependent child may have a right to continued coverage for up to thirty-six (36) months. 11.5.3 Continued coverage may be subject to an administrative fee levied by the program administrator
Transition Coverage. Pursuant to Federal Law (COBRA), an employee who terminates or is terminated (except for gross misconduct) is entitled to continue group health plan coverage at the group rate for up to eighteen (18) months. 1) An employee’s spouse, former spouse, or dependent child may have a right to continued coverage for up to thirty-six (36) months. 2) All such continued coverage is at the sole cost of the employee or other qualified individual. 00133161.2 3) COBRA specifically provides that continued coverage may be subject to an administrative fee (up to two percent [2%] of the monthly premium cost). Any such fee will be established in accordance with COBRA and applicable regulations. 00133161.2
Transition Coverage. 9.2.1 Pursuant to Federal Law (COBRA) and not as a right provided by this Agreement, a unit member who terminates or is terminated (except for gross misconduct) is entitled to continue group health plan coverage at the group rate for up to eighteen (18) months. 9.2.2 In certain circumstances under COBRA, a unit member’s spouse, former spouse, or dependent child may have the right to continued coverage for up to thirty-six (36) months. 9.2.3 All continued coverage under COBRA is at the sole cost of the unit member or other qualified individual. Continued coverage under COBRA may be subject to an administration fee.
Transition Coverage. With the exception of policies of flood insurance issued pursuant to the National Flood Insurance Act of 1968, builder’s risk policies, and any policies issued to Mississippi or South Carolina Policyholders, HPCIC will offer a new policy of insurance, effective June 27, 2014, to all Florida SSIC Policyholders having in-force policies, without the need for the SSIC Policyholders to file a new application with HPCIC or pay premium that has already been paid to SSIC. This Transition Coverage shall automatically terminate at the end of the policy periods of the original SSIC policies. Upon termination of each Transition Policy, HPCIC will renew such policies on SSIC’s or HPCIC’s forms and utilizing the lesser of SSIC’s and HPCIC’s rates. HPCIC may, but shall not be required to issue policies on properties that have a Pre-Existing Condition until the Policyholder submits to HPCIC a written representation and warranty that the Pre-Existing Condition has been repaired, together with a picture of the front and back of the insured property. HPCIC retains the right to inspect the remedy of any such Pre-Existing Condition, and is only required to offer replacement coverage if the remedy has been performed to HPCIC’s sole satisfaction. HPCIC is not assuming any Liability occurring before 12:01 a.m. on June 27, 2014, relating to any SSIC policy. HPCIC shall not become a successor in interest of SSIC that may result in HPCIC assuming any obligation or Liability of SSIC. SSIC is not assuming any Liability relating to any HPCIC policy. SSIC shall not be deemed a predecessor in interest of HPCIC that may result in SSIC assuming any obligation or Liability of HPCIC. Neither the Receiver nor FIGA shall be responsible for or bear the cost to transfer the Policyholder information from the systems of SSIC and its service providers, including the Computer Sciences Corporation, to the systems of HPCIC and its service providers.

Related to Transition Coverage

  • COMPENSATION COVERAGE The Employer shall provide coverage to all employees for injury on the job under the Workers’ Compensation Act of the Province of Alberta, or under an Insured Plan which provides coverage of compensation equal thereto.

  • Vision Coverage A fully employee paid vision benefit will be available beginning January 1, 2021 subject to agreement by the subcommittee of the Joint Labor Management Insurance Committee to the benefit set determined through the state’s Request for Proposal (RFP) process.

  • Workers’ Compensation Coverage Consultant certifies that Consultant has qualified for workers’ compensation as required by the State of Oregon. Consultant shall provide the Owner, within ten (10) days after execution of this Agreement, a certificate of insurance evidencing coverage of all subject workers under Oregon’s workers’ compensation statutes. The insurance certificate and policy shall indicate that the policy shall not be terminated by the insurance carrier without thirty (30) days’ advance written notice to City. All agents or Consultants of Consultant shall maintain such insurance.

  • Benefit Coverage The Company agrees to provide pension and welfare benefits as described in the Company Booklets, benefit plan documents or policies of insurance for the duration of the Agreement.

  • Medical Coverage The Executive shall be entitled to such continuation of health care coverage as is required under, and in accordance with, applicable law or otherwise provided in accordance with the Company’s policies. The Executive shall be notified in writing of the Executive’s rights to continue such coverage after the termination of the Executive’s employment pursuant to this Section 3(d)(iv), provided that the Executive timely complies with the conditions to continue such coverage. The Executive understands and acknowledges that the Executive is responsible to make all payments required for any such continued health care coverage that the Executive may choose to receive.