LIFE AND MEDICAL INSURANCE Sample Clauses

LIFE AND MEDICAL INSURANCE. A. During the term of this agreement, the Employer agrees to provide health care to the employees, with the premium costs to be split, eighty percent (80%) Employer and twenty (20%) employee. Employees shall receive the same level of benefits as other county employees under the Xxxxxx County Commissioners Insurance Plan although the Employer will meet with the Union to discuss any changes to the Plan at least thirty (30) days prior to the proposed implementation.
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LIFE AND MEDICAL INSURANCE. Bargaining unit employees shall have the opportunity to participate in Town and Region insurance programs on the same terms and conditions as those offered to other School Department employees. The Committee will provide a health insurance opt out option to eligible employees under the same terms that are available to Town employees. An employee who opts out of District health insurance must demonstrate s/he has obtained health insurance from another source.
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LIFE AND MEDICAL INSURANCE. For twelve (12) months following the Date of Termination, the Bank shall maintain for the Executive life and medical insurance coverage substantially equivalent to the coverage maintained by the Bank or Holding Company for Executive prior to the termination, except to the extent such coverage may be changed in its application to all Bank or Holding Company employees on a nondiscriminatory basis.
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LIFE AND MEDICAL INSURANCE. The Executive shall be entitled to the life and medical group insurance of the company, subject to the conditions and requirements of the policies contracted by the Company. The Executive shall be entitled to additional coverage for life insurance, such that the company policy and additional policy provide life insurance coverage of no less than US$500,000 (accidental death: US$1,000,000), provided that such coverage is available at standard rates. The additional coverage shall be by term policy for a term no less than ten years. In the event the Executive leaves the employ of the Company in less than ten years, and the policy is assignable, the Executive shall have the option of transferring the policy to himself upon termination. The Company shall have the option but no obligation to continue such additional coverage beyond the original ten-year term. The Executive shall be entitled to non-major medical insurance coverage, premiums to be paid by the Company. The Company shall purchase dependent medical insurance, major and non-major, for the Executive. 16)
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LIFE AND MEDICAL INSURANCE. You will be covered for inpatient and outpatient needs under our Global Insurance Plan. Details of Plan coverage will follow.
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LIFE AND MEDICAL INSURANCE. The Corporation shall provide Executive with life, disability and medical insurance in accordance with the Corporation's standard benefits package or his existing insurance coverage.
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Related to LIFE AND MEDICAL INSURANCE

  • Medical Insurance Upon termination of employment, the Executive shall be entitled to all COBRA continuation benefits available under the Company's group health plans to similarly situated employees. To the extent permitted under Code Section 409A, during the applicable Payout Period, the Company shall provide such COBRA continuation benefits to the Executive at the active employee rates similarly situated employees must pay for such benefits. Upon the expiration of such Payout Period, the Executive will be responsible for paying the full COBRA premiums for the remaining COBRA continuation period.

  • Health Insurance The Couple agrees that: (check one) ☐ - Each Spouse is responsible for THEIR OWN health insurance. ☐ - Health insurance IS PROVIDED by ☐ Husband ☐ Wife (“Health Insurance Paying Spouse”) to ☐ Husband ☐ Wife (“Health Insurance Receiving Spouse”). Health insurance shall include: (check all that apply) ☐ - Medical ☐ - Dental ☐ - Vision Care ☐ - Other. . To facilitate the use of such coverage for the Health Insurance Receiving Spouse, the Health Insurance Paying Spouse shall cooperate fully and in a timely manner, including, but not limited to, obtaining and providing all necessary insurance cards and claim forms, completing and submitting all necessary documents, and delivering all insurance payments.

  • Medical and Dental Insurance The Company shall pay Employee’s monthly Medical and Dental Insurance premiums in association with Company provided health insurance plans.

  • Group Insurance 38.01 The Group Insurance Plan presently in effect shall remain in effect during the term of this Agreement.

  • Life Insurance No portion of your IRA may be invested in life insurance contracts.

  • Health Insurance Benefits To the extent provided by the federal COBRA law or, if applicable, state insurance laws, and by the Company’s current group health insurance policies, Executive will be eligible to continue Executive’s group health insurance benefits at Executive’s own expense. If Executive timely elects continued coverage under COBRA, the Company shall pay Executive’s COBRA premiums, and any applicable Company COBRA premiums, necessary to continue Executive’s then-current coverage for a period of 12 months after the date of Executive’s termination of employment; provided, however, that any such payments will cease if Executive voluntarily enrolls in a health insurance plan offered by another employer or entity during the period in which the Company is paying such premiums. Executive agrees to immediately notify the Company in writing of any such enrollment. Notwithstanding the foregoing, if the Company determines, in its sole discretion, that it cannot provide the foregoing benefit without potentially incurring financial costs or penalties under applicable law (including, without limitation, Section 2716 of the Public Health Service Act), the Company shall in lieu thereof provide to Executive a taxable monthly amount to continue his group health insurance coverage in effect on the date of separation from service (which amount shall be based on the premium for the first month of COBRA coverage), which payments shall be made regardless of whether Executive elects COBRA continuation coverage and shall commence in the month following the month in which Executive incurs a separation from service and shall end on the earlier of (x) the date on which Executive voluntarily enrolls in a health insurance plan offered by another employer or entity during the period in which the Company is paying such amounts and (y) 12 months after the date of Executive’s separation from service.

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