Common use of Life and AD&D Insurance Clause in Contracts

Life and AD&D Insurance. Eligible employees may opt to purchase a group term life insurance policy in the amount of $10,000 with a carrier selected by the City. The premium cost of the policy shall be borne fully by the employee. The City will provide up to $50,000 Accidental Death and Dismemberment (AD&D) insurance subject to the terms and conditions of the City’s policy. This benefit will be provided at no cost to the employees.

Appears in 8 contracts

Samples: burbank.granicus.com, www.burbankca.gov, burbank.granicus.com

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Life and AD&D Insurance. Eligible employees may opt to purchase a group term life insurance policy in the amount of $10,000 with a carrier selected by the City. The premium cost of the policy shall be borne fully by the employee. The City will provide up to $50,000 Accidental Death and Dismemberment (AD&D) insurance subject to the terms and conditions of the City’s policy. This benefit will be provided at no cost to the employees.

Appears in 2 contracts

Samples: Affected Employees, burbank.granicus.com

Life and AD&D Insurance. Eligible employees may opt to purchase The City will provide a group term life insurance policy to eligible employees in the amount of $10,000 50,000 with a carrier selected by the City. The premium cost policy will carry an accidental death and dismemberment (AD&D) rider. The AD&D rider provides a benefit up to $52,000, subject to the terms and conditions of the policy shall policy. This benefit will be borne fully by provided at no cost to the employeeemployees. The In addition, the City will provide up to $50,000 Accidental Death and Dismemberment (AD&D) insurance subject to the terms and conditions of the City’s policy. This benefit will be provided at no cost to the employees.

Appears in 1 contract

Samples: www.burbankca.gov

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Life and AD&D Insurance. Eligible employees may opt to purchase ‌ The City will provide a group term life insurance policy to eligible employees in the amount of $10,000 50,000 with a carrier selected by the City. The premium cost policy will carry an accidental death and dismemberment (AD&D) rider. The AD&D rider provides a benefit up to $52,000, subject to the terms and conditions of the policy shall policy. This benefit will be borne fully by provided at no cost to the employeeemployees. The In addition, the City will provide up to $50,000 Accidental Death and Dismemberment (AD&D) insurance subject to the terms and conditions of the City’s policy. This benefit will be provided at no cost to the employees.

Appears in 1 contract

Samples: www.burbankca.gov

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