Common use of Coverage Level Clause in Contracts

Coverage Level. i. Effective January 1, 2015, Company-Paid Basic Life Insurance (Years of Service-based Benefit) coverage will be as follows: Years of Service Benefit Less than 5 $10,000 5 to less than 10 $15,000 10 to less than 15 $20,000 15 to less than 25 $30,000 25 to less than 35 $40,000 35 or more $50,000

Coverage Level. i. Effective January 1, 2015, Company-Paid Basic Life Insurance (Years of Service-based Benefit) coverage will be as follows: Years of Service Benefit Less than 5 $10,000 5 to less than 10 $15,000 10 to less than 15 $20,000 15 to less than 25 $30,000 25 to less than 35 $40,000 35 or more $50,00050,000 Note: the Supplemental Life Insurance Buy-Up continues to be available.