Employee Life Insurance Sample Clauses

Employee Life Insurance. The Employer shall insure the life of every employee and long-term nonpermanent in the principal amount of two thousand dollars ($2,000.00).
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Employee Life Insurance. 9-2-1-1 The Board shall provide at District expense for each eligible Paraprofessional an employment contract, a group life policy, an accidental death and dismemberment policy and a dependent group life insurance policy. LIFE INSURANCE BENEFIT:
Employee Life Insurance. The District shall provide on a fully paid basis, group term life insurance for each employee in an amount equal to three (3) times the employee's annual salary rounded to the next highest one thousand dollars ($1,000) payable to the employee's legal beneficiary, but in no event shall such insurance be less than five thousand dollars ($5,000) in accordance with the insurance policy between the District and its carrier. Accidental death or dismemberment insurance will be provided in an additional amount equal to the face amount of the life insurance. Upon termination, an employee may elect to exercise conversion privileges as stated in the District’s insurance policy.
Employee Life Insurance. The District shall provide on a fully paid basis group term life insurance for each employee in an amount equal to three times the employee's annual salary rounded to the next highest $1,000 to a maximum of $50,000 as described in the insurance policy provided by the District’s insurance carrier. Accidental death and dismemberment insurance will be provided for an additional amount equal to the face amount of the life insurance. Employees may purchase, at their expense, and at the then current group rate, supplemental term life and accidental dismemberment and disability (AD&D) insurance in an amount equal to the difference between the coverage provided by the District and three times the salary rounded to the next higher $1,000. Employee contributions shall be made by payroll deduction. Upon termination, an employee may elect to exercise conversion privileges as described in the insurance policy provided by the District’s insurance carrier.
Employee Life Insurance. As a benefit to full-time employees in this bargaining unit, the City will provide a group life insurance program. The benefits and limitations of the program are to be designed cooperatively by the Employees' Association and insurance carrier. The City will provide up to $25,000 Term Life Insurance with Accidental Death and Dismemberment coverage for each employee at no cost to employee. An amount will be paid by the City for each permanent part-time employee in the competitive service that is proportional to the permanent time base of his/her appointment (e.g., a half-time employee will receive half the amount of a full-time employee). The parties agree to meet and consult within a reasonable period of time before the completion of the current contract between the City and its insurance carrier that provides for Term Life Insurance with Accidental Death and Dismemberment with the purpose of increasing the death benefit amount for employees at no additional cost to the City. The City will attempt to complete this task by soliciting quotes from insurance providers.
Employee Life Insurance.  1X the employee’s regular annual earnings (rounded to the greatest $1000) Dependent Life Insurance  $25,000 spousal coverage  $5,000 coverage for each eligible dependent child Health & Dental Coverage  Remains unchanged and terminates at age 70.
Employee Life Insurance. 7.4.2 Employee Accidental Death & Dismemberment
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Employee Life Insurance. 7-2-1-1 The Board shall provide at District expense for each eligible active full-time ACME employee on employment contract a group life policy, and accidental death and dismemberment policy AND a dependent group life insurance policy.
Employee Life Insurance. The Employer shall insure the life of every employee and long-term nonpermanent in the principal amount of ten thousand dollars ($10,000.00)
Employee Life Insurance. You may name a beneficiary for your life insurance and change that beneficiary at any time by completing a form available from your employer. On your death, your employer will explain the claim requirements to your beneficiary. Life will pay your life insurance benefits to your beneficiary. Your life insurance terminates when you reach age If you are under age and have been disabled for months or more, you may be entitled to have your life insurance continued without premium payment until you reach age You are considered disabled if injury or disease prevents you from being gainfully employed in any job. Life will determine your qualification for waiver of premium benefits. If you believe you may be eligible, contact your employer for claim forms. You must apply for waiver of premium benefits within months of becoming eligible. If any or all of your insurance terminates, you may be eligible to apply for an individual conversion policy without providing proof of your insurability. You must apply and pay the first premium no later than days after your group insurance terminates. See your employer for details.
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