Common use of Option I Clause in Contracts

Option I. The eligible employee may purchase an additional amount equal to the core at the Employer’s group rate. The employee shall be subject to and responsible for any and all taxes on the premium amount as determined by the IRS.

Option I. The eligible employee may purchase an additional amount equal to the core at the Employer’s employer's group rate. The employee shall be subject to and responsible for any and all taxes on the premium amount as determined by the IRS.