Common use of Optional Group Life Insurance Clause in Contracts

Optional Group Life Insurance. Employee and Spouse Effective October 2, 2002 the City shall provide for all employees through a contract with an insurer selected by the City, Optional Group Life Insurance up to a maximum of two hundred thousand ($200,000) dollars for the employee and/or two hundred thousand ($200,000) dollars for the employee’s spouse, with evidence of insurability. The employee shall pay one hundred (100%) per cent of the premiums. Effective January 1, 2006 increase this amount to three hundred thousand ($300,000) dollars.

Appears in 4 contracts

Samples: Memorandum of Agreement, Collective Agreement, Time Agreement

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Optional Group Life Insurance. Employee and Spouse Effective October 2, 2002 the The City shall provide for all employees through a contract with an insurer selected by the City, Optional Group Life Insurance up to a maximum of two three hundred thousand dollars ($200,000300,000) dollars for the employee and/or two three hundred thousand dollars ($200,000300,000) dollars for the employee’s employee‘s spouse, with evidence of insurability. The employee shall pay one hundred (100%) per cent of the premiums. Effective January 1, 2006 increase this amount to three hundred thousand ($300,000) dollars.ii)

Appears in 1 contract

Samples: www.cupelocal79.org

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Optional Group Life Insurance. Employee and Spouse Effective October 2January 1, 2002 2004, the City shall provide for all employees through a contract with an insurer selected by the City, Optional Group Life Insurance up to a maximum of two hundred thousand ($200,000200,000.00) dollars for the employee and/or two hundred thousand ($200,000200,000.00) dollars for the employee’s spouse, with evidence of insurability. The employee shall pay one hundred per cent (100%) per cent of the premiums. Effective January 1, 2006 increase this amount to three hundred thousand ($300,000) dollars.

Appears in 1 contract

Samples: Memorandum of Agreement

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