Group Life Insurance and Accidental Death and Dismemberment. The College shall pay l00% of the premiums for the coverage afforded by the plan. Coverage and eligibility shall be governed by the terms of the plans.
Group Life Insurance and Accidental Death and Dismemberment. 12.4.1 All regular employees and sessional employees with full-time contracts that are four (4) months or longer in duration shall participate in the Group Life Insurance plus Accidental Death and Dismemberment Insurance. Group Life Insurance shall provide a benefit level of three times (3X) the annual salary of the employee to a maximum of $250,000.00.
Group Life Insurance and Accidental Death and Dismemberment. The group life insurance and accidental death and dismemberment group benefit plan provision shall be as follows: The Employer shall pay one hundred percent (100%) of the monthly benefit plan premium for the Group Life Insurance and Accidental Death and Dismemberment Plan. Subject to the benefit plan carrier requirements, the Group Life Insurance and Accidental Death and Dismemberment Plan shall provide life insurance in the amount of one (1) times the Employee’s annual earnings to a maximum of $200,000. The life insurance benefit reduces to $3,000 maximum at age sixty-five (65). Employees over age seventy (70) are not insurable.
Group Life Insurance and Accidental Death and Dismemberment. Effective April 1, 2014 for Employees earning more than $15,481 annually. The University shall pay one hundred percent (100%) of the monthly premium of Group Life Insurance plus Accidental Death and Dismemberment Insurance on behalf of each of these Employees in order to achieve a benefit level of three times (3X) the annual gross earnings.
Group Life Insurance and Accidental Death and Dismemberment. The College provides life insurance for all regular faculty members. Participation in this plan is a condition of employment. The premiums for the life insurance plan are shared equally by the College and the faculty member. The College agrees to make available optional voluntary life insurance (maximum $200,000) subject to the employee meeting insurance company requirements. All premiums for this optional life insurance will be paid by the employee.
Group Life Insurance and Accidental Death and Dismemberment. All full-time Employees shall participate in the Group Life Insurance and Accidental Death and Dismemberment Plans currently in force. The Employer shall pay one hundred percent (100%) of the premium for such insurance. The current coverage is two (2) times the annual salary rounded to the next highest one thousand dollars ($1,000) to a maximum of one hundred thousand dollars ($100,000).
Group Life Insurance and Accidental Death and Dismemberment. 21.01 (a) All current employees and all newly hired employees shall, as a condition of employment, participate in the basic group life insurance coverage in the amount of two times (2x) such employee's annual salary, adjusted January 1st of each year based upon the employee's rate of pay on the previous December 31st, rounded upward to the next highest thousand, plus accidental death and dismemberment coverage as set out below and, should the employee desire, such optional insurance as may be provided by the carrier.
Group Life Insurance and Accidental Death and Dismemberment. (A) The Employer shall provide Group Life Insurance for all permanent employees of the bargaining unit in the amount of two times (2x) annual salary to a maximum of one hundred thousand dollars ($100,000). All permanent employees of the bargaining unit shall also be eligible for Accidental Death and Dismemberment coverage in the amount of two times (2x) annual salary to a maximum of one hundred thousand dollars ($100,000). The City of Moncton shall pay one hundred percent (100%) of costs of the premiums for this insurance. This coverage terminates as defined under the terms of the policy. This Article does not apply to casual employees.
Group Life Insurance and Accidental Death and Dismemberment. All employees with seniority are eligible to enroll for life insurance coverage, commencing the first of the month following the date they acquire seniority. For employees actively at work on/or after: October 1, 2004 $29,500 All employees with seniority are eligible for $5000.00 life insurance coverage in the event of the death of the employee's current Spouse or Common Law Spouse and $2500.00 of life insurance coverage in the event of the death of a dependent.
Group Life Insurance and Accidental Death and Dismemberment. All full-time Employees shall participate in the Group Life
