Group Life Insurance. The Hospital shall contribute one hundred percent (100%) toward the monthly premium of HOOGLIP or other equivalent group life insurance plan in effect for eligible full-time employees in the active employ of the Hospital on the eligibility conditions set out in the existing Agreements.
Group Life Insurance. Benefit Eligible Employees will be enrolled in the Employers group term life insurance policy and will be provided with a death benefit of the lesser of one (1) times annual compensation as defined by the life insurance policy or fifty thousand dollars ($50,000.00). When employees meet eligibility requirements but they are not on active status, they will be eligible to enroll upon their return to active status. The Employer will pay the required premiums for the above amounts and will continue to provide arrangements for employees to purchase additional amounts of life insurance.
Group Life Insurance. (a) Group Life Insurance coverage for employees coming within the scope of the Agreement will be 30 times monthly basic salary up to a maximum of $60,000. The Company will pay one hundred percent (l00%) of the premiums up to a maximum of fifty thousand dollars ($50,000.00). The cost of coverage in excess of fifty thousand dollars ($50,000.00) will be shared 50/50 between the employee and the Company.
Group Life Insurance. The following provision applies to employees formerly covered by the HEU Master Agreement. Employees formerly covered by other collective agreements will be governed by Group Life Insurance Plan provisions, if any, found in their respective former collective agreements.
Group Life Insurance. The Employer shall contract for a group life insurance plan, as set out in the current Employee Benefit Booklet. The Group Life plan shall provide $30,000 insurance coverage for post probationary employees until age sixty-five (65). Thereafter, the amount of coverage will decrease to $15,000. Group insurance coverage ceases for all employee at age seventy (70). The plan shall include coverage for accidental death.
Group Life Insurance. Regular Full-Time Employees and Temporary Full-Time Employees who have completed six (6) months' probationary employment shall be entitled to Group Life Insurance as follows:
Group Life Insurance. 16.1 It is agreed that all employees shall be eligible to participate in the State Employees' Group Life Insurance Program, as established by 36-12-6 of the General Laws of 1956, as amended.
Group Life Insurance. The Company agrees to include the Executive under the Company's group term life insurance policy in accordance with the policies of the Company. The Company shall pay all premiums for such coverage.
Group Life Insurance. (a) The Employer shall provide to all regular employees a mutually acceptable group life insurance plan with benefits equivalent to three times the employee's annual salary, with a minimum of $80,000. The Employer shall pay 100% of the premium on the base minimum as set out above, and the employee shall pay the premium for any insurance over the base minimum. Regular employees shall, as a condition of employment, enrol in the group life insurance plan and shall complete the appropriate payroll deduction authorization forms.
