Common use of Continuation of Group Insurance Clause in Contracts

Continuation of Group Insurance. If allowed by the insurance carrier, a teacher who has attained the age of 55, has at least twenty (20) years of total teaching experience and has at least ten (10) years of teaching service in this school corporation, and who permanently retires from teaching while in service in this school corporation, may choose to continue in the school corporation's group medical, dental, vision, and/or term life insurance program provided the teacher remits full, total monthly premiums to the school corporation's business office prior to the due date of each month. Such teacher's participation as a member of said group program shall be terminated upon his/her attaining the age eligible for Medicare.