Common use of Group Life Insurance Clause in Contracts

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.

Appears in 7 contracts

Samples: Time Employees, Professional Employees, Employees and Auxiliary Employees

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Group Life Insurance. (a) The Employer shall provide agrees to all regular employees a mutually acceptable group pay on behalf of each eligible full-time employee one hundred percent (100%) of the billed premium of the Group Life Insurance Plan. The benefits under the plan include life insurance plan with benefits equivalent to coverage of three (3) times the employee's annual salary, with a minimum of rounded to the closest one hundred dollars ($80,000. The Employer shall pay 100% of the premium on the base minimum as set out above), plus Accidental Death 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 formsDismemberment coverage.

Appears in 5 contracts

Samples: Collective Agreement, Collective Agreement, Collective Agreement

Group Life Insurance. (a) The Employer shall provide to is a participating Employer in the Public Service Group Life Insurance Plan on behalf of all regular employees a mutually acceptable group life insurance plan with benefits equivalent to three times eligible employees, as determined by the employee's annual salary, with a minimum terms of $80,000the Plan. The Employer shall pay 100% agrees that its share in the costs of the premium on plan, inclusive of any U.I.C. rebate that would otherwise be payable to the base minimum as set out aboveemployee, and will be the employee shall pay the premium first twenty-five thousand (25,000.00) dollars of insurance 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 formseach covered employee.

Appears in 4 contracts

Samples: Collective Bargaining Agreement, www.sgeu.org, www.sgeu.org

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 $80,000plan. The Employer shall pay one hundred percent (100% %) of the premium on the base minimum as set out above, and the employee shall pay the premium premiums 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 formsemployees.

Appears in 2 contracts

Samples: Collective Agreement, Collective Agreement

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 $80,000100,000. The Employer shall pay 100% Employee Basic Life Insurance includes provisions for accidental dismemberment, loss of the premium on the base minimum as set out abovesight, and the employee shall pay the premium an advance payment for any insurance over the base minimum. Regular terminally ill employees shall, as a condition of employment, enrol described in the group life insurance plan and shall complete the appropriate payroll deduction authorization forms.Information Appendix F –

Appears in 2 contracts

Samples: pea.org, www2.gov.bc.ca

Group Life Insurance. (a) The Employer shall provide to all each regular employees employee with a mutually acceptable group life insurance plan with benefits equivalent to three which shall provide for two (2) times the employee's annual salaryyearly salary to a maximum of Thirty Thousand Dollars ($30,000.00), with a minimum the premiums of $80,000. The Employer which shall pay 100% of be paid in full by 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 formsEmployer.

Appears in 1 contract

Samples: Collective Bargaining Agreement

Group Life Insurance. (aA Group Life Insurance shall be made available to the employees the amount of Forty Thousand Dollars 00) face value for each employee. Participating in the Plan is compulsory for all time employees employed by The Employer shall provide Board. At option and expense any employee may take up to all regular employees a mutually acceptable group three additional multiple units of life insurance plan with benefits equivalent to three times over and above the employee's annual salary, with a minimum of $80,000. The Employer shall pay base One hundred percent (100% %) of the premium on premiums for the base minimum as set out above, and the first of insurance for each 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 formswill be paid by The Board.

Appears in 1 contract

Samples: negotech.labour.gc.ca

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Group Life Insurance. (a) The Employer shall provide Company agrees 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 shallprovide, as a condition of employmentemployment for all employees covered by this Agreement, enrol in a Group Life Insurance Policy with coverage of the group life insurance plan and shall complete greater of twenty thousand ($20,000.00) dollars or an amount equal to two thousand eighty (2,080) hours times the appropriate payroll deduction authorization formsemployee’s regular rate of pay.

Appears in 1 contract

Samples: Collective Agreement

Group Life Insurance. (a) The Employer shall provide to all regular employees a mutually acceptable group life insurance plan with benefits equivalent to three will pay one hundred percent (100%) of the premium of Group Life Insurance in the amount of two (2) times the employee's annual salary, with gross salary up to a minimum maximum of two hundred and fifty thousand dollars ($80,000250,000) for each eligible employee. The Employer shall pay 100% of the premium life insurance benefit payable will be based on the base minimum as set out above, and employee's annual gross salary at the employee shall pay the premium for any insurance over the base minimum. Regular employees shall, as a condition time of employment, enrol in the group life insurance plan and shall complete the appropriate payroll deduction authorization formsher death.

Appears in 1 contract

Samples: Collective Agreement

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 $80,000plan. The Employer shall pay one hundred percent ( 100% %) of the premium on the base minimum as set out above, and the employee shall pay the premium premiums 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 formsemployees.

Appears in 1 contract

Samples: Collective Agreement

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