DISABILITY INSURANCE POLICY Sample Clauses

A Disability Insurance Policy clause outlines the terms under which an individual is provided with income protection in the event they become unable to work due to a disabling injury or illness. This clause typically specifies the conditions that qualify as a disability, the amount and duration of benefit payments, and any exclusions or waiting periods before benefits begin. Its core practical function is to provide financial security to policyholders by replacing a portion of lost income, thereby mitigating the economic impact of a disabling event.
DISABILITY INSURANCE POLICY. Effective April 8, 2005, County-sponsored disability insurance policies will be made available. Beginning Plan Year 2011, coverage can be purchased either through the use of vacation sellback (up to ten days) or through payroll deduction. (See the Salary Ordinance for information on vacation sellback.) These policies are subject to premium costs, eligibility requirements, age limitations, coverage exclusions, conversion rights, and all other provisions set forth in the applicable insurer contracts.
View SourceView Similar (7)
DISABILITY INSURANCE POLICY. A disability insurance policy will be made available for the employee only. Coverage(s) can be purchased either through the use of vacation sellback (up to ten days) or through payroll deduction. These policies are subject to premium costs, eligibility requirements, age limitations, coverage exclusions, conversion rights, and all other provisions set forth in the applicable insurer contracts.
View SourceView Similar (6)
DISABILITY INSURANCE POLICY. During the Employment Period, VCGH shall pay, when due, all premiums on a disability insurance policy which has been approved by the Board or the Compensation Committee and owned by the President (the “Disability Insurance Policy”).
View SourceView Similar (2)
DISABILITY INSURANCE POLICY. The Company shall have the option to maintain and be the owner of a disability insurance policy on the Executive's life, and Executive agrees to submit to any physical examination, and to otherwise cooperate in any other procedures required to obtain such policy.
View SourceView Similar (2)
DISABILITY INSURANCE POLICY. 12 ARTICLE 16 - PROGRESSIVE DISCIPLINE/DISCHARGE................................................. 12 ARTICLE 17 - PARKING ....................................................................................................... 13 ARTICLE 18 - RETIREMENT PLAN ..................................................................................... 13
View Source
DISABILITY INSURANCE POLICY. The Employer shall maintain a disability insurance policy which provides for at least sixty percent (60%) of the employee's monthly salary after the employee's first ninety (90) days of disability up to age sixty (60).
View Source
DISABILITY INSURANCE POLICY. The Company shall have the option to maintain and be the owner of a disability insurance policy on the Executive's life with a minimum limit of $25,000 per month, and Executive agrees to submit to any physical examination, and to otherwise cooperate in any other procedures required to obtain such policy.
View Source

Related to DISABILITY INSURANCE POLICY

  • Disability Insurance The Superintendent shall purchase long-term disability insurance from the school district’s carrier at his own expense. The Board will increase his salary by the amount of the premium cost.

  • Long Term Disability Insurance The City shall provide to employees with six months continuous service a Long Term Disability (LTD) plan that provides, after a one hundred eighty (180) day elimination period, sixty percent (60%) salary (subject to integration) up to age sixty-five. Employees who receive payments under the LTD plan shall not be eligible to continue receiving payments under the City's Catastrophic Illness Program.

  • Long Term Disability Insurance Plan The Employer shall provide a mutually acceptable long-term disability insurance plan, a copy of which shall appear in Appendix “A” – Long-Term Disability Insurance Plan. The plan shall provide post-probationary regular employees with salary continuation as per Appendix “A” until age sixty-five (65) in the event of a disability. The cost of the plan shall be borne by the Employer.

  • Employer’s Liability Insurance The Contractor shall also maintain Employer's Liability Insurance Coverage with limits of at least: (i) Bodily Injury by Accident $1,000,000 each accident; (ii) Bodily Injury by Disease $1,000,000 each employee; and (iii) Bodily Injury/Disease Aggregate $1,000,000 each accident. The Contractor shall require all Subcontractors performing work under this Contract to obtain an insurance certificate showing proof of Employers Liability Insurance Coverage and shall submit a certificate on the letterhead of the Contractor in the following language:

  • D&O Liability Insurance To the extent that the Company maintains a policy or policies of insurance (“D&O Liability Insurance”) providing liability insurance for directors and officers of the Company in their capacities as such (and for any capacity in which any director or officer of the Company serves any other Enterprise at the request of the Company), in respect of acts or omissions occurring while serving in such capacity, Indemnitee shall be covered by such policy or policies, in accordance with its or their terms, to the maximum extent of the coverage available for any other director or officer under such policy or policies.