Basic Life Insurance. 37.1 The Employer shall pay one hundred percent (100%) of the monthly premium of the basic life insurance plan.
Basic Life Insurance. (a) The Employer shall provide life insurance to each active employee in the amount of one hundred percent (100%) of salary or twenty thousand dollars ($20,000.00), whichever is greater.
Basic Life Insurance. Insurance eligible employees are automatically enrolled for $20,000 (plus Accidental Death and Dismemberment $20,000) of District paid basic life insurance coverage. To have a named beneficiary, an enrollment beneficiary designation card must be on file with the District.
Basic Life Insurance. The District’s group life insurance plan includes coverage at two times (2X) the employee’s current annual base salary up to the insurers cap at no cost to the employee. The District will pay the cost of life insurance coverage for the employee only, under the plans available to all District employees, which may change from time‐to‐time thereafter.
Basic Life Insurance. Insurance eligible employees are automatically enrolled for $75,000 of District paid life insurance coverage.
Basic Life Insurance. The Executive may elect continuation of the amount of coverage previously provided and the Company shall be responsible for the cost of such coverage and shall submit payment for the Post Termination Benefit Period directly to the provider of such insurance. The Company may, at its sole discretion, provide such insurance through the same insurance provider at the time of Termination or through a different insurance provider having a comparable or superior A.M. Best rating. The Executive shall, to the extent required by a prospective insurance provider, i) furnish such information, ii) complete and submit such applications and other documentation, and iii) submit to a reasonable and customary physical examination to enable the Company to obtain pricing quotes and to bind coverage for such insurance through a different insurance provider.
Basic Life Insurance. 33.1.1 The Basic Life Insurance Plan shall provide life insurance coverage equal to one hundred percent (100%) of the annual salary of the employee, and such coverage shall not be less than ten thousand dollars ($10,000) for a full-time employee and five thousand dollars ($5,000) for a part-time employee.
Basic Life Insurance. Basic life insurance coverage will be equal to one times the employee’s annual salary or $30,000 whichever is greater. Coverage is contingent upon employee contribution of $12.00 per year. The Board's pro-rated contribution shall be made on the first day of the month following the first sixty (60) days of the probationary period. Life Insurance will be effective the first day of the month following sixty (60) days of employment.
Basic Life Insurance. The Employer pays the total premium cost to provide all Regular Nurses and eligible Relief Nurses as specified in Section 14.12.5 with one (1) times annual salary to a maximum of Fifty Thousand Dollars ($50,000.00) of Group Life Insurance. If the Nurse enrolls at the time of hire or when newly eligible, coverage becomes effective on the first (1st) day of the month following that date.
Basic Life Insurance. Insurance eligible Educational Support Professionals are automatically enrolled for $45,000 (plus Accidental Death and Dismemberment $20,000) of District paid basic life insurance coverage. To have a named beneficiary, an enrollment beneficiary designation card must be on file with the District.
