Common use of An Accidental Death Clause in Contracts

An Accidental Death. Dismemberment policy of one times (1X) the employee’s annual salary or a minimum of fifty thousand dollars ($50,000), whichever is greater, to a maximum coverage of one hundred fifty thousand dollars ($150,000). At age seventy (70), this will be reduced to sixty percent (60%) and at age seventy-five (75), this will be reduced to forty percent (40%).

Appears in 8 contracts

Samples: Memorandum of Agreement, Memorandum of Agreement, Memorandum of Agreement

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