Payment for Disability Benefits Sample Clauses

Payment for Disability Benefits. The Disability Benefit under the Life Insurance will be payable to the employee at such time as their benefits under the Long Term Disability Plan are exhausted. However, they must be still totally and permanently disabled from the same or related cause for which their Long Term Disability Plan benefits were payable, and totally and permanently disabled within the definitions given in the Life Insurance contract. Once payment of the Disability Benefit under the Life Insurance contract is made, no further life insurance benefits are payable. 2407 DENTAL INSURANCE - Blue Cross-type Plan 7 with Riders 1, 2, and 3. - Fifty per cent (50%) co-insurance on Riders 2 and 3. The Company agrees to pay one hundred per cent (100%) of the premium costs for the term of this Agreement. Effective April 19, 2005, 50% of the cost of Class II and Class III covered expenses based on the 2004 Ontario, Dental Association Schedule of Fees. Effective September 1, 2006, 50% of the cost of the Class II and Class III covered expenses based on the 2005 Ontario Dental Association Schedule of Fees. On September 1st of following years 50% of the cost of the Class II and Class III covered expenses will be updated to follow the Ontario Dental Association Schedule of Fees from the preceding year, consistent with the method used in b) above. The Plan is described in Appendix "K". 2408 EXTENDED HEALTH CARE INSURANCE Blue Cross-type Plan: - Semi-private - Prescription drugs - $10.00/$20.00 deductible The Company will pay the premium cost for the term of this Agreement. The plan is described in Appendix "L". 2409 VISION CARE The Company will pay the cost of Vision Care during the term of this agreement. The following Vision Care expenses shall be considered eligible expenses: Effective May 1, 2005: frames, lenses and the fitting of prescription glasses, including contact lenses, up to a total payment of one hundred and fifty dollars ($150.00) per family member, once in any two (2) consecutive calendar years, provided there has been a change in prescription. Dependent children less than nineteen (19) years of age may receive benefits once every twelve (12) months. The following items and charges are not covered under this Vision Care Plan: - Industrial safety glasses - Tints, other than #1 or #2 tint - Charges for expenses covered by the Workplace Safety and Insurance Board, or any government agency or any third party. The Plan will provide coverage for dependents up to age twenty-five (25) if a...
AutoNDA by SimpleDocs
Payment for Disability Benefits. The Disability Benefit under the Life insurance will be payable to the employee at such time as his benefits under the Long Term Disability Plan are exhausted. However, he must be still totally and permanently disabled from the same or related cause for which his Long Term Disability Plan benefits were payable, and totally and permanently disabled within the definitions given In the Life Insurance contract. once Payment of the Disability Benefit under the Life Insurance contract Is made, no further life Insurance benefits are payable. 2407 DENTAL INSURANCE - Blue Cross-type Plan 7 with Riders 1, 2, and 3. - Fifty per cent (50%) co-insurance on Riders 2 and 3. The Company agrees to pay one hundred Per cent (100%) of the Premium costs for the term of this Agreement, Effective April 1, 1994, benefits will be Provided in accordance with the 1992 Ontario Dental Association Schedule of Fees. Effective September 1, 1994, benefits Will be provided in accor- dance with the 1993 Ontario Dental Association Schedule of Fees. Effective September 1, 1995, benefits will be provided in accordance with the 1994 Ontario Dental Association Schedule of Fees. Effective September 1, 1996, benefits will be provided in accor- dance with the 1995 Ontario Dental Association Schedule of Fees. Effective September 1, 1997, benefits will be provided in accordance with the 1996 Ontario Dental Association Schedule of Fees. The Plan is described in Appendix "L”. 2408 EXTENDED HEALTH CARE INSURANCE Blue Cross-type Plan: - S e m i - p r i v a t e - - - - - - Prescription drugs - $10.00/$20.00 deductible The company will pay the Agreement. The plan is described in Appendix “M”. 2409 VISION CARE The company will Pay the cost of Vision Care during the term of this agreement. The following Vision Care expenses shall be considered eligible expenses: Effective April 1, 1994, frames, lenses and the fitting of prescription glasses, Including contact lenses, up to a total payment of one hundred dollars ($100.00) per family member, once In any two (2) consecutive calendar years, provided there has been a change In prescription. Effective September 1, 1996, the benefit will be Increased to $125.00 per family member In any two (2) consecutive calendar years, provided there has been a change in Prescription. Dependent children less than nineteen (19) years of age may receive benefits once every twelve (12) months. The following items and charges are not covered under this vision Care Plan: - lndustrial ...
Payment for Disability Benefits. The Disability Benefit under the Life Insurance will be payable to the employee at such time as his/her benefits under the Long Term Disability Plan are exhausted. However, he/she must be still totally and permanently disabled from the same or related cause for which his/her Long Term Disability Plan benefits were payable, and totally and permanently disabled within the definitions given in the Life Insurance contract. Once payment of the Disability Benefit under the Life Insurance contract is made, no further life insurance benefits are payable.
Payment for Disability Benefits. The Disability Benefit under the Life Insurance will be payable to the employee at such time as their benefits under the Long Term Disability Plan are exhausted. However, they must be still totally and permanently dis- abled from the same or related cause for which their Long Term Disability Plan benefits were payable, and totally and permanently disabled within the definitions given in the Life Insurance contract. Once payment of the Disability Benefit under the Life Insurance contract is made, no further life insurance benefits are payable. 2407 DENTAL INSURANCE - Blue Cross-type Plan 7 with Riders 1, 2, and 3. - Fifty per cent (50%) co-insurance on Riders 2 and 3. The Company agrees to pay one hundred per cent (100%) of the premium costs for the term of this Agreement. Effective January 1, 2018, 50% of the cost of the Class II and Class III covered expenses based on the 2017 Ontario Dental Association Schedule of Fees. Effective January 1, 2019, 50% of the cost of the Class II and Class III covered expenses based on the 2018 Ontario Dental Association Schedule of Fees. Effective January 1, 2020, 50% of the cost of the Class II and Class III covered expenses based on the 2019 Ontario Dental Association Schedule of Fees. Effective January 1, 2021, 50% of the cost of the Class II and Class III covered expenses based on the 2020 Ontario Dental Association Schedule of Fees. Effective January 1, 2022, 50% of the cost of the Class II and Class III covered expenses based on the 2021 Ontario Dental Association Schedule of Fees. NOTE: Effective January 1, 2013 the company and new employees will cost share the premium costs of 80% Company and 20% new employees. Effective September 1st, 2019 Delete - “Note: Effective January 1, 2013, the company and new employees will cost share the premium costs of 80% Company and 20% new employees.” The Plan is described in Appendix "G". 2408 EXTENDED HEALTH CARE INSURANCE Blue Cross-type Plan: - Semi-private - Prescription drugs - $10.00/$20.00 deductible The Company will pay the premium cost for the term of this Agreement. NOTE: Effective January 1, 2013 the company and new employees will cost share the premium costs of 80% Company and 20% new employees. Effective September 1st, 2019 Delete - “Note: Effective January 1, 2013, the company and new employees will cost share the premium costs of 80% Company and 20% new employees.” The plan is described in Appendix "H". 2409 VISION CARE The Company will pay the premium cost of Visio...

Related to Payment for Disability Benefits

  • Long Term Disability Benefit In the event an employee, while covered under this plan, becomes totally disabled as a result of an accident or a sickness, then, after the employee has been totally disabled for seven (7) months, including periods approved in Section 1.3(a) and (c), he/she shall be eligible to receive a monthly benefit as follows:

  • Long Term Disability Benefits A benefit level of seventy percent (70%) of monthly earnings shall apply. Benefits would commence after a waiting period of seventeen (17) weeks, when Short Term Disability Benefits terminate. Terms of the Master Policy with the Insurance Company shall apply. Statement of Intent In order to go on LTD, the person must:

  • Disability Benefits Technology Errors and Omissions Not less than $1,000,000 each claim Not less than $2,000,000 in aggregate At the time of the first transaction with an Authorized User and updated in accordance with Contract Crime Insurance Not less than $50,000 Lot 3 Insurance Type Proof of Coverage is Due Commercial General Liability Not less than $5,000,000 each occurrence Updated in accordance with Contract General Aggregate $2,000,000 Products – Completed Operations Aggregate $2,000,000 Personal and Advertising Injury $1,000,000 Business Automobile Liability Insurance Not less than $5,000,000 each occurrence Workers’ Compensation

  • Disability Benefit If the Executive terminates employment due to Disability prior to Normal Retirement Age, the Company shall pay to the Executive the benefit described in this Section 2.3 in lieu of any other benefit under this Agreement.

  • Short Term Disability Benefits Paragraph 1: The Board shall provide short term disability benefits as set forth in the Short Term Disability Summary Plan Description. Short term disability benefits for disabilities resulting from non-occupational illness or injury, shall be paid at the rate of 70% of the teacher’s regular daily rate, subject to all applicable deductions. A teacher may choose to save up to five (5) accumulated temporary leave days. Following the exhaustion of temporary leave, there is a five day waiting period before short term disability benefits begin. The five day waiting period will be waived for absences greater than 30 calendar days and short term disability payments shall be paid retroactively.

  • Severance Compensation upon Termination of Employment If the Company shall terminate the Executive’s employment other than pursuant to Section 5(a), (b) or (c) or if the Executive shall terminate his employment for Good Reason, then the Company shall pay to the Executive as severance pay in a lump sum, in cash, on the fifth day following the Date of Termination, an amount equal to three (3) times the average of the aggregate annual compensation paid to the Executive during the three (3) fiscal years of the Company immediately preceding the Change of Control by the Company subject to United States income taxes (or, such fewer number of fiscal years if the Executive has not been employed by the Company during each of the preceding three (3) fiscal years).

  • Termination of Employment with Severance Benefits (a) The Executive shall be entitled to the severance benefits described in section 9(b) in the event that:

  • Termination Benefits (a) If Executive’s employment is voluntarily (in accordance with Section 2(a) of this Agreement) or involuntarily terminated within two (2) years of a Change in Control, Executive shall receive:

  • Retirement Benefits Due to either investment or employment during the marriage, either the Husband or Wife: (check one) ☐ - DO NOT have retirement plans. ☐ - HAVE retirement plans. The Couple has the following retirement plans: (“Retirement Plans”). Upon signing this Agreement, the Retirement Plans shall be owned by: (check one) ☐ - Husband ☐ - Wife ☐ - Both Spouses ☐ - Other. .

  • Termination of Employment and Severance Benefits The Executive’s employment hereunder shall terminate under the following circumstances:

Time is Money Join Law Insider Premium to draft better contracts faster.