BASIC ACCIDENTAL DEATH AND DISMEMBERMENT INSURANCE. The plan provides accidental death and dismemberment insurance coverage in an amount equal to your basic group life insurance (two times your current annual salary). Coverage is provided 24 hours per day, anywhere in the world, for any accident resulting in death, dismemberment, paralysis, loss of use, or loss of speech or hearing. If you sustain an injury caused by an accident occurring while the policy is in force which results in one of the following losses, within 365 days of the accident, the benefit shown will be paid to you. In the case of accidental death, the benefit will be paid to the beneficiary you have named to receive your group life insurance benefits. Benefits are payable in accordance with the following schedule: Schedule of Benefits 100% of Principal Sum for Loss of or Loss of Use of: Life Sight of One Eye Speech One Arm One Leg One Hand One Foot 66 2/3% of Principal Sum for Loss of or Loss of Use of: Hearing in One Ear Thumb and Index Finger Four Fingers of One Hand 33 1/3% of Principal Sum of Loss of: All Toes of One Foot 200% of Principal Sum for Loss of Use: Quadriplegia (total paralysis of both upper and lower limbs) Paraplegia (total paralysis of both lower limbs) Hemiplegia (total paralysis of upper and lower limbs of one side of the body)
BASIC ACCIDENTAL DEATH AND DISMEMBERMENT INSURANCE. The plan provides accidental death and dismemberment insurance coverage in an amount equal to your basic group life insurance (two times your current annual salary). Coverage is provided 24 hours per day, anywhere in the world, for any accident resulting in death, dismemberment, paralysis, loss of use, or loss of speech or hearing. If you sustain an injury caused by an accident occurring while the policy is in force which results in one of the following losses, within 365 days of the accident, the benefit shown will be paid to you. In the case of accidental death, the benefit will be paid to the beneficiary you have named to receive your group life insurance benefits. Benefits are payable in accordance with the following schedule: Schedule of Benefits 100% of Principal Sum for Loss of or Loss of Use of: • Life • Sight of One Eye • Speech • One Arm • One Leg • One Hand • One Foot 66 2/3% of Principal Sum for Loss of or Loss of Use of: • Hearing in One Ear • Thumb and Index Finger • Four Fingers of One Hand
BASIC ACCIDENTAL DEATH AND DISMEMBERMENT INSURANCE. 2 x earnings - maximum benefit: $100,000 - termination of insurance: 70th birthday
BASIC ACCIDENTAL DEATH AND DISMEMBERMENT INSURANCE. FOR HOURLY EMPLOYEES OF TIMBERJACK INC. (Not applicable to Retirees) POLICY BSC 9018946 AMERICAN HOME ASSURANCE COMPANY The Basic Accidental Death and Dismemberment plan covers you 24 hours a day, anywhere in the world, for specified accidental losses occurring on or off the job. If you suffer any of the losses listed below in the schedule of losses as the result of an accidental injury which results directly and independently of all other causes and the loss occurs within 365 days of the date of the accident, the benefits indicated below will be paid. Who is Covered? All full-time, hourly employees under the age of 65 who are insured under the Timberjack Inc. current Group Life Insurance Policy. Amount of Coverage Benefit equal to amount payable under the Timberjack current Group Life Insurance Policy. Schedule of Losses Amount Payable Loss of Life 100% Loss of Both Hands 100% Loss of Both Feet 100% Loss of Entire Sight of Both Eyes 100% Loss of One Hand and One Foot 100% Loss of One Hand and the Entire Sight of One Eye 100% Loss of One Foot and the Entire Sight of One Eye 100% Loss of One Hand 50% Loss of One Foot 50% Loss of The Entire Sight of One Eye 50% "Loss" as above used with reference to hand or foot means complete severance through or above the wrist or ankle joint, but below the elbow or knee joint; as used with reference to arm or leg means complete severance through or above the elbow or knee joint; and as used with reference to eye means the irrecoverable loss of the entire sight thereof. If you suffer more than one loss as a result of the same accident, the total benefit payable will not exceed 100% of the benefit amount for which the insured person is covered.
BASIC ACCIDENTAL DEATH AND DISMEMBERMENT INSURANCE. The plan provides accidental death and dismemberment insurance coverage in an amount equal to your basic group life insurance (two times your current annual salary). Coverage is provided 24 hours per day, anywhere in the world, for any accident resulting in death, dismemberment, paralysis, loss of use, or loss of speech or hearing. If you sustain an injury caused by an accident occurring while the policy is in force which results in one of the following losses, within 365 days of the accident, the benefit shown will be paid to you. In the case of accidental death, the benefit will be paid to the beneficiary you
BASIC ACCIDENTAL DEATH AND DISMEMBERMENT INSURANCE. The above benefits are taxable benefits to Employees. The Employee acknowledges that it is a condition of employment that they enroll in certain benefit plans, and that tax owing on benefit premiums and/or benefit coverage’s will be the sole responsibility of the Employees.
BASIC ACCIDENTAL DEATH AND DISMEMBERMENT INSURANCE. An amount equal to the employee’ s amount of Basic Life Insurance LONG-TERM DISABILITY BENEFIT FOR EMPLOYEES Equal to 66.67% of monthly earnings, rounded to the next higher $1.00, subject to a maximum monthly benefit of $7,000.00 Evidence of Insurability is required in respect of all amounts of Long-Term Disability Benefit in excess of $4,300.00. The monthly income benefit payable is subject to the reductions described in the Long-Term Disability Benefit section of this booklet. QUALIFYING DISABILITY PERIOD 17 w eeks.
