LONG TERM DISABILITY INSURANCE POLICY Sample Clauses

LONG TERM DISABILITY INSURANCE POLICY. A long term disability insurance policy will be made available for the employee only. Coverage can be purchased through the use of vacation sellback or through payroll deductions. This policy is subject to premium costs, eligibility requirements, age limitations, coverage exclusions, conversion rights, and all other provisions set forth in the applicable insurer contracts.
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LONG TERM DISABILITY INSURANCE POLICY. Effective January 1, 1996, a long term disability insurance policy will be made available for the employee only. Coverage can be purchased only through the use of vacation sellback (up to 10 days). (See Section 7-4 of the Salary Ordinance.) Effective June 14, 2009, disability insurance policies available to the employee only may be purchased through the use of vacation sellback (up to 10 days) or through payroll deduction. These policies are subject to premium costs, requirements, age limitations, coverage exclusions, conversion rights, and all other provisions set forth in the applicable insurer contracts.
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LONG TERM DISABILITY INSURANCE POLICY. Coverage can be purchased either through the use of vacation sellback (up to ten (10) days) or through payroll deduction. These policies are subject to premium costs, eligibility requirements, age limitations, coverage exclusions, conversion rights, and all other provisions set forth in the applicable insurer contracts.
Sample 1Sample 2
LONG TERM DISABILITY INSURANCE POLICY. A basic long-term disability insurance policy is provided by AHS at the employer’s expense for benefit eligible employees only. Additional coverage may be purchased through payroll deduction. Copies of the policy are available in the Human Resources Department.
Sample 1
LONG TERM DISABILITY INSURANCE POLICY. A long-term disability insurance policy may be made available on a self pay basis for the employee only. Coverage can be purchased either through vacation sellback (up to five (5) days) or through payroll deduction. Copies of the policy are available in the Human Resources Department.
Sample 1
LONG TERM DISABILITY INSURANCE POLICY. If the Executive is not covered under the Policy, a determination as to whether the Executive can no longer perform duties required of an Executive because of ill health, accident, or general inability because of age of the Executive shall be made by a duly licensed physician selected by the Bank. Should it be determined that the Executive is rendered totally or permanently unable to perform in accordance with the terms and conditions of the Executive's contract with the Bank and the contract is terminated, the Bank shall immediately commence payment of benefits to the Executive in accordance with Paragraph 1.
Sample 1

Related to LONG TERM DISABILITY INSURANCE POLICY

  • Long-Term Disability Insurance 250. The City, at its own cost, shall provide to employees a Long Term Disability (LTD) benefit that provides, after a one hundred and eighty (180) day elimination period, sixty percent salary (60%) (subject to integration) up to age sixty-five (65). Employees who are receiving or who are eligible to receive LTD shall be eligible to participate in the City's Catastrophic Illness Program as set forth in the ordinance governing such program.

  • Disability Insurance The Company shall maintain, at its cost, supplemental renewable long-term disability insurance as agreed to by the Company and the Executive.

  • Life and Disability Insurance The Company will provide term life and disability insurance payable to the Employee, in each case in an amount up to a maximum of one times the Employee’s base salary in effect from time to time, provided however, that such amount will be reduced by the amount of any life insurance or death or disability benefit coverage, as applicable, that is provided to the Employee under any other benefit plans or arrangements of the Company. Such policies will be in accordance with the Company’s standard policies from time to time with respect to such insurance and the rules established for individual participation in such plans and under applicable law.

  • Long-Term Disability The Employer agrees to provide Long Term Disability benefits for active full-time employees after fifty-two (52) weeks if an Employee is unable to perform any occupation (reasonably suited by means of training, education or experience). The Plan will provide for sixty-six and two thirds percent (66 2/3%) of an Employee's basic monthly earnings to a maximum of $1,500.00. Coverage would cease the date an Employee attains normal retirement age.

  • Employer’s Liability Insurance The Contractor shall also maintain Employer's Liability Insurance Coverage with limits of at least:

  • Automobile Liability Insurance Automobile Liability insurance covering bodily injury and property damage in an amount no less than one million dollars ($1,000,000) combined single limit for each occurrence. Covered vehicles shall include owned, non-owned, and hired automobiles/trucks.

  • D&O Liability Insurance To the extent that the Company maintains a policy or policies of insurance (“D&O Liability Insurance”) providing liability insurance for directors and officers of the Company in their capacities as such (and for any capacity in which any director or officer of the Company serves any other Enterprise at the request of the Company), in respect of acts or omissions occurring while serving in such capacity, Indemnitee shall be covered by such policy or policies, in accordance with its or their terms, to the maximum extent of the coverage available for any other director or officer under such policy or policies.

  • Officer and Director Liability Insurance The Company shall, from time to time, make the good faith determination whether or not it is practicable for the Company to obtain and maintain a policy or policies of insurance with reputable insurance companies providing the officers and directors of the Company with coverage for losses from wrongful acts, or to ensure the Company’s performance of its indemnification obligations under this Agreement. Among other considerations, the Company will weigh the costs of obtaining such insurance coverage against the protection afforded by such coverage. In all policies of director and officer liability insurance, Indemnitee shall be named as an insured in such a manner as to provide Indemnitee the same rights and benefits as are accorded to the most favorably insured of the Company’s directors, if Indemnitee is a director; or of the Company’s officers, if Indemnitee is not a director of the Company but is an officer; or of the Company’s key employees, if Indemnitee is not an officer or director but is a key employee. Notwithstanding the foregoing, the Company shall have no obligation to obtain or maintain such insurance if the Company determines in good faith that such insurance is not reasonably available, if the premium costs for such insurance are disproportionate to the amount of coverage provided, if the coverage provided by such insurance is limited by exclusions so as to provide an insufficient benefit, or if Indemnitee is covered by similar insurance maintained by a parent or subsidiary of the Company.

  • Insurance Coverage The Company and each Subsidiary maintains in full force and effect insurance coverage that is customary for comparably situated companies for the business being conducted and properties owned or leased by the Company and each Subsidiary, and the Company reasonably believes such insurance coverage to be adequate against all liabilities, claims and risks against which it is customary for comparably situated companies to insure.

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