Common use of Supplemental Group Term Life Insurance Clause in Contracts

Supplemental Group Term Life Insurance. Teachers working fewer than thirty-two (32) hours per week (.8 FTE contract) will have the option, subject to the conditions established by the School District's carrier for group term life insurance as provided in Section 2, to purchase supplemental group term life insurance in the amounts of $50,000, $75,000, $100,000, $125,000 or $150,000, not to exceed 3x annual salary. The cost of the supplemental coverage will be borne by the teacher and paid by payroll deduction.

Appears in 8 contracts

Samples: Terms And, Terms And, Terms And

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