Common use of Optional Coverage Clause in Contracts

Optional Coverage. In addition to the basic coverage, a teacher may apply for additional life coverage in multiples of $10,000 to a maximum of $500,000. Optional coverage is further limited in that the combined total of the basic coverage and the optional coverage for an individual teacher shall not exceed a maximum of $525,000.

Appears in 9 contracts

Sources: Collective Agreement, Collective Agreement, Collective Agreement