Common use of Conversion of Life Insurance Clause in Contracts

Conversion of Life Insurance. (District-paid and Employee-paid) Enrollment: An employee whose life insurance enrollment terminates because of (a) failure to make direct payments when required, (b) termination of employment, or (c) loss of eligibility, shall be given the opportunity to convert, at the employee's expense, to a permanent form of insurance (other than term insurance) pursuant to the provisions of the plan.

Appears in 12 contracts

Samples: Collective Bargaining Agreement, Collective Bargaining Agreement, Collective Bargaining Agreement

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Conversion of Life Insurance. (District-paid and Employee-paid) Enrollment: An employee whose life insurance enrollment terminates because of (a) failure to make direct payments when required, ; (b) termination of employment, ; or (c) loss of eligibility, shall be given the opportunity to convert, at the employee's expense, to a permanent form of insurance (other than term insurance) pursuant to the provisions of the plan.

Appears in 2 contracts

Samples: Collective Bargaining Agreement, Collective Bargaining Agreement

Conversion of Life Insurance. (District-paid Paid and Employee-paidPaid) Enrollment: An employee whose life insurance enrollment terminates because of of: (a) failure to make direct payments when required, ; (b) termination of employment, ; or (c) loss of eligibility, shall be given the opportunity to convert, at the employee's expense, to a permanent form of insurance (other than term insurance) pursuant to the provisions of the plan.

Appears in 2 contracts

Samples: Collective Bargaining Agreement, Collective Bargaining Agreement

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Conversion of Life Insurance. (District-paid Paid and Employee-paidEmployee- Paid) Enrollment: An employee whose life insurance enrollment terminates because of (a) failure to make direct payments when required, (b) termination of employment, or (c) loss of eligibility, shall be given the opportunity to convert, at the employee's expense, to a permanent form of insurance (other than term insurance) pursuant to the provisions of the plan.

Appears in 1 contract

Samples: Agreement

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