Common use of Employee Life Insurance Clause in Contracts

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.  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.