GROUP LIFE INSURANCE SCHEMES Sample Clauses

GROUP LIFE INSURANCE SCHEMES. Group life insurance schemes apply from the date of employment and terminate when the group member resigns from his or her position. Cover will be maintained during approved absence. Death benefit DKK 200,000 Certain critical illnesses If, during the insurance period, an employee contracts a critical illness, as stated in the special insurance conditions, a sum insured of DKK 200,000 will be paid. Critical illness means: - Cancer - Coronary thrombosis - Bypass operation or angioplasty - Cardiac valve surgery - Cerebral haemorrhage or cerebral blood clot - Saccular cerebral aneurysm or intracranial arteriovenous malformation (AV malformation) as well as cavernous angioma of the brain - Certain benign brain and spinal cord tumours - Disseminated sclerosis - Motor neuron diseases (MND) - Certain muscle and nerve diseases - HIV infection as a result of blood transfusion or work-related infection - AIDS - Chronic renal failure - Major organ transplantations - Xxxxxxxxx’x disease - Blindness - Deafness - Aortic disease - Consequences of encephalitis or cerebrospinal meningitis - Consequences of Borrelia infection or Tick Borne Encephalitis (TBE) - Major xxxxx, frostbites or caustic xxxxx - Implantation of an ICD unit as secondary prophylaxis - Chronic heart failure with implantation of an ICD/CRT unit or durable mechanical heart pump, e.g. Heartmate. If death occurs within three months after the sum insured in the event of critical illness is due, the sum insured will be set off against the death benefit. Cover of certain critical illnesses in children
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GROUP LIFE INSURANCE SCHEMES. Group life insurance schemes apply from the date of employment and terminate when the group member resigns from his or her position. Cover will be maintained during approved absence. Death benefit DKK 150,000 Certain critical illnesses If, during the insurance period, an employee contracts a critical illness, as stated in the special insurance conditions, a sum insured of DKK 200,000 will be paid. Critical illness means: - Cancer - Coronary thrombosis - Bypass operation or angioplasty - Cardiac valve surgery - Cerebral haemorrhage or cerebral blood clot - Saccular cerebral aneurysm or intracranial arteriovenous malformation (AV malformation) as well as cavernous angioma of the brain - Certain benign brain and spinal cord tumours - Disseminated schlerosis - Motor neuron diseases (MND) - Certain muscle and nerve diseases - HIV infection as a result of blood transfusion or work-related infection - AIDS - Chronic renal failure - Major organ transplantations - Xxxxxxxxx’x disease - Blindness - Deafness - Aortic disease - Consequences of encephalitis or cerebrospinal meningitis - Consequences of Borrelia infection or Tick Borne Encephalitis (TBE) - Major xxxxx, frostbites or caustic xxxxx - Implantation of an ICD unit as secondary prophylaxis - Chronic heart failure with implantation of an ICD/CRT unit or durable mechanical heart pump, e.g. Heartmate. If death occurs within three months after the sum insured in the event of critical illness is due, the sum insured will be set off against the death benefit. Cover of certain critical illnesses in children Children of employees are covered from birth and until biological children and adopted children as well as the biological children and adopted children of the employee’s spouse/cohabita50n,0t00.. The sum insured is DKK Special insurance conditions apply to children. The su child is found to have one of the illnesses mentioned in the insurance conditions, provided that the conditions have been met. The insurance covers the illnesses mentioned below, and the illness must be diagnosed while the insurance is in force. Illnesses covered - Cancer - Heart disease requiring operation - Cerebral haemorrhage or cerebral blood clot - Saccular cerebral aneurysm or intracranial arteriovenous malformation (AV malformation) as well as cavernous angioma of the brain - Certain benign brain and spinal cord tumours - Disseminated schlerosis - Chronic renal failure - Major organ transplantations - Consequences of encephalitis or cer...

Related to GROUP LIFE INSURANCE SCHEMES

  • 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 Plan Section 1 - Eligibility Regular full-time and regular part-time employees who are on staff January 1, 1979 or who join the staff following this date shall, upon completion of the three-month probationary period, become members of the Group Life Insurance Plan as a condition of employment.

  • Group Term Life Insurance The School District will pay the full premium for each $1,000 of coverage for group term life insurance. The amount of life insurance provided will be $20,000, subject to the conditions of the carrier.

  • Life Insurance No portion of your IRA may be invested in life insurance contracts.

  • Retiree Life Insurance Employees who retire under the Monroe County Employees' Retirement System shall be eligible for $4,000.00 term life insurance. All employees hired by the Employer on or after October 1, 2007 shall not be eligible for Retiree Life Insurance.

  • Group Insurance Plan The carriers, coverage, and terms and conditions of participation under the District’s Group Insurance Plan are subject to change in accordance with the applicable provisions of Title I, Division 4, Chapter 10 of the California Government Code (Section 3500 et seq.) (Xxxxxx‐Milias‐Brown Act).

  • Term Life Insurance The Employer will maintain and make available to full-time and part-time employees, the current term life insurance plan as set forth in the document "Summary of Health Benefits, Maryland State Employees."

  • Insurance Plan 19.01 The Employer agrees to contribute the indicated percentage of the premium cost of the following group plans for full-time employees (and their families where applicable) who have completed their probationary period.

  • Basic Life Insurance 37.1 The Employer shall pay one hundred percent (100%) of the monthly premium of the basic life insurance plan.

  • Life Insurance Benefits A. During the life of this Agreement, the basic life insurance benefit made available to Faculty members shall be calculated as 3 times base annual earnings, rounded to the next highest $1,000, but not more than $225,000. A separate additional benefit up to the amount of the life insurance will be paid for accidental death and dismemberment, or loss of sight. The amount of Life and Accidental Death and Dismemberment/Loss of Sight benefits will be reduced to 65% at age 65, and further reduced (from the original insurance amount) as follows: to 50% at age 70, and 35% at age 75. Basic life insurance and AD&D benefits will be provided with no employee contributions.

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