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.
Group Term Life Insurance. The Welfare Plan will include Group Term Life Insurance in accordance with the following Table of Hourly Job Rate Brackets and corresponding coverages. Benefits will be payable as a result of death from any cause on a twenty-four (24) hour coverage basis.
Group Term Life Insurance. The City agrees to pay the premium for $50,000 of group term life insurance for each represented employee. Represented employees may apply for themselves and their eligible dependents to purchase from $50,000 to $300,000 of supplemental group term life insurance in $10,000 increments through the City's group insurance plan with employees paying the additional cost through payroll deductions.
Group Term Life Insurance. A term life insurance policy shall be provided for each member of the bargaining unit, equal to two (2) times a faculty member’s salary or $50,000 whichever is higher, with all premiums paid by the College. The policy shall include accidental death and dismemberment riders.
Group Term Life Insurance. The Board of Education shall provide group term life insurance coverage of $50,000. The Board shall pay 100% of the premiums for said coverages.
Group Term Life Insurance. Group Term Life Insurance with Accidental Death and Dismemberment Benefits in the amount of $50,000 or two and a half (2 ½) times annual salary, whichever is greater. Employees covered under these benefits have the option to purchase, at their own expense, additional Life Insurance in blocks of $20,000, $40,000, $60,000 or $80,000.
Group Term Life Insurance. Employer payment of 100 percent of premium for group life insurance provided by the UUA, or its equivalent. The required portion of the premium paid on behalf of the Minister will be imputed as taxable income on the Minister’s W-2 as required by law.
Group Term Life Insurance. The City shall pay the entire premium cost of the Plan. (8)2.15
Group Term Life Insurance. All teachers in the District will be insured under a group term life insurance policy paid by the Board to the extent of $50,000 per teacher. The Board will select the carrier.
Group Term Life Insurance. The Board shall provide Group Term Life, Accidental Death and Dismemberment Insurance (AD&D) in the amount of $40,000 for all Teachers. The $40,000 will be paid to the Teacher's designated beneficiary.
