Common use of Life and Accident Insurance Clause in Contracts

Life and Accident Insurance. Current life and accident insurance coverage shall be continued through the end of the month in which the military leave begins on the same terms and conditions as apply to an active technician. Thereafter, unless otherwise specified by the terms of the plan or required by law, technician’s on military leave may continue all or a portion of their current life and accident insurance coverage if so allowed by the individual life insurance company provider. The Company shall provide written notice regarding the technician’s continuation responsibility and contact information for the life insurance provider at the time the military leave is granted. Continuation will be at the technician’s expense and must be arranged by the technician directly with the individual insurance company. The premiums for life and accident insurance continuation will be based on conversion rates.

Appears in 11 contracts

Samples: Joint Collective Bargaining Agreement, Joint Collective Bargaining Agreement, Joint Collective Bargaining Agreement

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