Voluntary Accidental Death and Dismemberment Sample Clauses
Voluntary Accidental Death and Dismemberment. A. EFFECTIVE DATE OF COVERAGE Coverage as to eligible persons for whom application for coverage under this Plan is made to the Carrier shall take effect the first day of the month following the date the application is received by the Participating Employer.
B. PRINCIPAL SUM A Member may elect a Principal Sum as follows:
1. For a Member, from a minimum of $10,000.00 to a maximum of $500,000.00 in units of $10,000.00; or
2. For a Member, their Spouse and eligible Dependent Children, from a minimum of $10,000.00 to a maximum of $500,000.00 in units of $10,000.00 with the following percentages automatically applying to family members a) Spouse only – 60% of employee’s amount; b) Spouse and Children – spouse 50% of employee’s amount and each child 15% of employee’s amount; c) Children only – each child 25% of employee’s amount.
C. ON DEATH OR DISMEMBERMENT The Carrier will pay an indemnity determined from the Table of Losses if an Insured Person sustains a Loss stated therein resulting from Injury, provided that:
1. such Loss occurs within three hundred and sixty-five days after the date of accident causing such Loss;
2. the indemnity payable for any such Loss shall be the amount stated opposite such Loss in said Table;
3. if more than one Loss stated in said Table is sustained as the result of one accident, only one of the amounts so stated in said Table, the largest shall be payable. Loss of Life The Principal Sum Loss of Both Hands Two Times The Principal Sum Loss of Both Feet Two Times The Principal Sum Loss of Entire Sight of Both Eyes Two Times The Principal Sum Loss of One Hand and One Foot The Principal Sum Loss of One Hand and the Entire Sight of One Eye The Principal Sum Loss of One Foot and the Entire Sight of One Eye The Principal Sum Loss of One Arm. Three-Quarters of The Principal Sum Loss of One Leg Three-Quarters of The Principal Sum Loss of One Hand Three-Quarters of The Principal Sum Loss of One Foot Three-Quarters of The Principal Sum Loss of The Entire Sight of One Eye Three-Quarters of The Principal Sum Loss of Thumb and Index Finger of the Same Hand One-Third of The Principal Sum Loss of Speech and Hearing The Principal Sum Loss of Speech or Hearing Three-Quarters of The Principal Sum Loss of Hearing in One Ear One-Third of The Principal Sum Quadriplegia (total paralysis of both upper and lower limbs) Two Times The Principal Sum Paraplegia (total paralysis of both lower limbs) Two Times The Principal Sum Hemiplegia (total paralysis of uppe...
Voluntary Accidental Death and Dismemberment. Members may elect to
Voluntary Accidental Death and Dismemberment. (AD&D). Employees may purchase AD&D coverage for themselves, following the guidelines set forth for Career Service Employees for their spouse, domestic partner, and/or child(ren).
Voluntary Accidental Death and Dismemberment. Effective January 1, 2007, the Supplemental Accidental Death and Dismemberment Plan will be discontinued. The Employer agrees to offer a Voluntary Accidental Death and Dismemberment Plan for purchase by eligible employees in accordance with the policy. Enrolled employees shall contribute, on an after-tax basis, the premium amount appropriate for the amount and type of coverage elected. The premium rates will be subject to change based upon claim experience. Voluntary Accidental Death and Dismemberment is administered by a third party administrator as determined by the Employer. This policy will be administered in accordance with the provisions of the insurance policy prepared and issued to the Employee by the insurance carrier.
Voluntary Accidental Death and Dismemberment. Premiums: 100% employee paid Eligibility: All active employees under age 70, their spouses under age 70 and their dependent children under age 21 (age 25 for students). All employees - An amount which is a multiple of $25,000 - Minimum benefit amount of $25,000 - Maximum benefit amount of $250,000 Dependent benefit Percentage of employee's benefit Spouse 50% if there are no children, or 40% if there are children Each child 20% if there is no spouse,10% if there is a spouse
Voluntary Accidental Death and Dismemberment. Members who retire at or after fifty-five (55) years of age, and who have at least ten (10) years of continuous service at the University, shall continue to have, access to the University Library, athletic facilities and health services until age sixty-five
Voluntary Accidental Death and Dismemberment. Members may elect to purchase voluntary accidental death and dismemberment in units of to a maximum Member may elect for the Spouse to purchase voluntary accidental death and dismemberment at of the member’s amount. Member with Spouse and dependents may also purchase voluntary accidental death and dismemberment at (for the spouse) and (for the child) of the member’s amount. day if you are for at least hours. Benefits are paid to a maximum of weeks, LONG TERM DISABILITY BENEFIT: all eligible active members are covered for of monthly earnings rounded to the nearest dollar up to a maximum of per month. Benefits are offset by the amounts you receive under only. The waiting period is weeks from the date of disability. The benefit is payable to age There is an all-source maximum which is of your gross earnings,
Voluntary Accidental Death and Dismemberment. Members may elect to purchase voluntary accidental death and dismemberment in units of $10,000 to a maximum $150,000. Member may elect for the Spouse to purchase voluntary accidental death and dismemberment at 50% of the member’s amount. Member with Spouse and dependents may also purchase voluntary accidental death and dismemberment at 40% (for the spouse) and 10% (for the child) of the member’s amount. Coverage terminates at age 70 or retirement, if earlier. Life Insurance of $10,000 is provided for your eligible Spouse. Each eligible child (from 24 hours of age) is covered for $5,000 of Life Insurance. Dependent Life coverage terminates when the Member's reaches age 70 or retirement, if earlier.
Voluntary Accidental Death and Dismemberment. The Employer agrees to provide the option for the employee to purchase single or family accident insurance, one hundred percent (100%) paid by the employee, in multiples of ten thousand dollars ($10,000), to a maximum of two hundred and fifty thousand dollars ($250,000) each. If family coverage is elected, eligible dependents will be insured as a percentage of the employee’s coverage.
Voluntary Accidental Death and Dismemberment. The District may provide access to a voluntary Accidental Death and Dismemberment Policy for unit members. Costs associated with said Policy shall be paid for by the employee.