Common use of Life Insurance Benefit Clause in Contracts

Life Insurance Benefit. Effective September 1, 2021, each regular, full-time employee shall be eligible for district-paid and approved term life insurance coverage, the amount being twenty thousand dollars ($20,000.00). The amount paid for such life insurance shall not exceed three dollars and sixty cents ($3.60) per month per eligible employee. • If the employee or the covered spouse reaches an age shown below, the amount of insurance will be the amount determined from the Schedule of Insurance, multiplied by the appropriate percentage be- low: Plan 1 and Plan 2 Life Insurance, AD&D Insurance and Plan 2 Dependents Life Insurance: Age: Percentage: 65 through 69 65% 70 through 74 50% 75 or over 35%

Life Insurance Benefit.  Effective September 1, 20212016, each regular, full-time employee shall be eligible for district-paid and approved term life insurance coverage, the amount being twenty thousand dollars ($20,000.00). The amount paid for such life insurance shall not exceed three dollars and sixty cents ($3.60) per month per eligible employee. •  If the employee or the covered spouse reaches an age shown below, the amount of insurance will be the amount determined from the Schedule of Insurance, multiplied by the appropriate percentage be- low: Plan 1 and Plan 2 Life Insurance, AD&D Insurance and Plan 2 Dependents Life Insurance: Age: Percentage: 65 through 69 65% 70 through 74 50% 75 or over 35%

Life Insurance Benefit.  Effective September 1, 20212019, each regular, full-time employee shall be eligible for district-paid and approved term life insurance coverage, the amount being twenty thousand dollars ($20,000.00). The amount paid for such life insurance shall not exceed three dollars and sixty cents ($3.60) per month per eligible employee. •  If the employee or the covered spouse reaches an age shown below, the amount of insurance will be the amount determined from the Schedule of Insurance, multiplied by the appropriate percentage be- low: Plan 1 and Plan 2 Life Insurance, AD&D Insurance and Plan 2 Dependents Life Insurance: Age: Percentage: 65 through 69 65% 70 through 74 50% 75 or over 35%

Life Insurance Benefit. Effective September 1, 20212018, each regular, full-time employee shall be eligible for district-paid and approved term life insurance coverage, the amount being twenty thousand dollars ($20,000.00). The amount paid for such life insurance shall not exceed three dollars and sixty cents ($3.60) per month per eligible employee. • If the employee or the covered spouse reaches an age shown below, the amount of insurance will be the amount determined from the Schedule of Insurance, multiplied by the appropriate percentage be- low: Plan 1 and Plan 2 Life Insurance, AD&D Insurance and Plan 2 Dependents Life Insurance: Age: Percentage: 65 through 69 65% 70 through 74 50% 75 or over 35%

Life Insurance Benefit.  Effective September 1, 2021, each regular, full-time employee shall be eligible for district-paid and approved term life insurance coverage, the amount being twenty thousand dollars ($20,000.00). The amount paid for such life insurance shall not exceed three dollars and sixty cents ($3.60) per month per eligible employee. •  If the employee or the covered spouse reaches an age shown below, the amount of insurance will be the amount determined from the Schedule of Insurance, multiplied by the appropriate percentage be- low: Plan 1 and Plan 2 Life Insurance, AD&D Insurance and Plan 2 Dependents Life Insurance: Age: Percentage: 65 through 69 65% 70 through 74 50% 75 or over 35%

Life Insurance Benefit. Effective September 1, 20212019, each regular, full-time employee shall be eligible for district-paid and approved term life insurance coverage, the amount being twenty thousand dollars ($20,000.00). The amount paid for such life insurance shall not exceed three dollars and sixty cents ($3.60) per month per eligible employee. • If the employee or the covered spouse reaches an age shown below, the amount of insurance will be the amount determined from the Schedule of Insurance, multiplied by the appropriate percentage be- low: Plan 1 and Plan 2 Life Insurance, AD&D Insurance and Plan 2 Dependents Life Insurance: Age: Percentage: 65 through 69 65% 70 through 74 50% 75 or over 35%