Common use of Types of Insurance Coverage Clause in Contracts

Types of Insurance Coverage. The Superintendent offers the following insurance coverages, options for which may be selected by Unit Members through a cafeteria plan (as allowed by Internal Revenue Code Section 125), provided, however, that Unit Members hired before July 1, 1999 must at a minimum select employee medical, dental, and vision coverage from among the offered plans. Other insurance options or plans that may be purchased with the monthly allowance are 14.2.1 Coverage for employee dependents for medical, vision, and dental; 14.2.2 Life insurance; 14.2.3 Income protection insurance; 14.2.4 Blanket accident insurance; 14.2.5 Annuity plan; 14.2.6 Deferred compensation plan; 14.2.7 Other programs approved by the Superintendent Part-time unit members hired after June 30, 1999 who are eligible to receive a prorated CAP and who chose to participate in the insurance benefits program have the choice of taking all three health insurance options (medical, dental, vision) or any combination of the three, as long as one of the health insurance options is selected.