Common use of Life and Accidental Death & Dismemberment Insurance Clause in Contracts

Life and Accidental Death & Dismemberment Insurance. 27.1 The Employer will provide all regular full-time and eligible regular part-time employees with accidental death and dismemberment insurance in the amount of $50,000 term life insurance and $50,000 accidental death and dismemberment insurance, commencing the first day of the month next following the month in which the employee satisfactorily completes 90 days' employment as a member of the bargaining unit.

Appears in 2 contracts

Samples: Agreement, Letter of Agreement

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Life and Accidental Death & Dismemberment Insurance. 27.1 The Employer will provide all regular ‌ Regular full-time employees are eligible for Life Insurance and eligible regular part-time employees with accidental death and dismemberment insurance in Accidental Death & Dismemberment Insurance. The Organization will pay the amount of $50,000 term life insurance and $50,000 accidental death and dismemberment insurancefull premium for this coverage, commencing which becomes effective on the first 1st day of the month next following the month in which the employee satisfactorily completes 90 days' employment as a member hire. The value of the bargaining unitplan is equal to 2x an employee’s base salary, to a maximum amount of $300,000.

Appears in 1 contract

Samples: Collective Bargaining Agreement

Life and Accidental Death & Dismemberment Insurance. 27.1 The Employer will agrees to provide all regular each full-time and eligible regular partnon-time employees probationary employee with accidental death and dismemberment insurance in the amount twenty thousand dollars ($20,000) of $50,000 term life insurance and twenty thousand dollars ($50,000 20,000) of accidental death and & dismemberment insurance, commencing the first day of the month next following the month in which the employee satisfactorily completes 90 days' employment as a member of the bargaining unit.

Appears in 1 contract

Samples: Agreement

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Life and Accidental Death & Dismemberment Insurance. 27.1 28.1 The Employer will provide all regular full-time and eligible regular part-time employees with accidental death and dismemberment insurance in the amount of $50,000 of$50,000 term life insurance and $50,000 accidental death and dismemberment insurance, commencing the first day of the month next following the month in which the employee satisfactorily completes 90 days' employment as a member of the bargaining unit.

Appears in 1 contract

Samples: www.mackinac.org

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