Common use of Optional Life Clause in Contracts

Optional Life. In addition, any employee covered by this agreement may purchase up to an additional $250,000 of life insurance in increments of $10,000 or such increments and under such conditions specified by the carrier by paying their premium as calculated by the carrier for such additional coverage provided the carrier agrees to underwrite added coverage

Appears in 10 contracts

Samples: Contract, Contract, Contract

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Optional Life. In addition, any employee employees covered by this agreement may purchase up to an additional $250,000 of life insurance in increments of $10,000 or such increments and under such conditions specified by the carrier by paying their premium as calculated by the carrier for such additional coverage provided the carrier agrees to underwrite added coverage

Appears in 6 contracts

Samples: Contract, Contract, Contract

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Optional Life. In addition, any employee employees covered by this agreement may purchase up to an additional $250,000 100,000 of life insurance in increments of $10,000 or such increments and under such conditions specified by the carrier by paying their premium as calculated by the carrier for such additional coverage provided the carrier agrees to underwrite added coverage.

Appears in 5 contracts

Samples: Agreement, Agreement, Agreement

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