Supplemental Life. The City shall make available to all represented employees the option to purchase supplemental term life and accidental death and dismemberment insurance, at the employee's expense, subject to the insurance carrier's additional premiums, conditions and/or requirements. Optional coverage shall be in increments of $10,000. The option to increase or decrease coverage shall be exercisable during open enrollment periods.
Supplemental Life. Insurance eligible employees may purchase additional life insurance in $10,000 increments up to $100,000 in coverage. The amount of coverage existing employees may purchase with evidence of good health will be determined by the insurance carrier. Evidence of good health for new employees is not required for supplemental life if applied for during the first 30 days of employment.
Supplemental Life. Insurance eligible teachers may purchase additional life insurance in $10,000 increments up to $100,000 in coverage. Eligible employees may apply for supplemental life coverage at any time. Evidence of good health is not required for supplemental life if applied for during the first thirty (30) days of employment.
Supplemental Life. During the term of this Agreement, the District will provide optional Supplemental Life Insurance coverage for each covered employee and his or her spouse. Participation in the insurance coverage is at the election of the employee and premium cost for the coverage is paid by the employee through monthly payroll deduction. Spousal coverage is limited to 50% of the coverage amount selected by the employee. The provision of the benefits is subject to the terms of the policy between the District and the insurance company.
Supplemental Life. Eligible employees may purchase additional life insurance coverage for themselves at their own expense upon initial eligibility or during the enrollment periods specified in Section 9.2. Employees may purchase supplemental coverage in increments one times (1X) to five times (5X) their base salary to a maximum of $500,000 (basic + supplemental), in accordance with the insurance carrier’s policy. Participating employees and the County will be required to follow the insurance company’s contracted requirements with respect to maximum amounts and the necessity for evidence of insurability in order to be eligible to receive the benefit as may be amended from time to time and may be based on actual participation by County employees in the program. An employee enrolled in supplemental coverage who moves from one age bracket to the next higher bracket will have to pay the rate of the higher age bracket beginning the January of the year the employee moves to the higher age bracket.
Supplemental Life. In addition to such group term life insurance as is provided to Superintendent pursuant to Paragraph 8(b) above, the Board shall provide Superintendent with such supplemental term life insurance as may be required to cause Superintendent's overall Board-paid term life insurance to be in an amount equal to one and one-half (1-1/2) times Superintendent's base annual salary.
Supplemental Life. Employees may purchase supplemental life insurance according to provisions of the plan. Options begin at one times annual base pay and increase to nine times annual base pay. Premiums are age-related, are subject to change annually and are based on plan experience. 2014 life insurance rates are as follows: Monthly Premium Per $1,000 Coverage If age is less than 25 $.048 25 – 29 .057 30 – 34 .077 35 – 39 .087 40 – 44 .097 45 – 49 .148 50 – 54 .223 55 – 59 .414 60 – 64 .630 65 – 69 1.208 70 & Over 1.971
Supplemental Life. The Company will provide a supplemental life insurance program that allows employees desiring such coverage to purchase supplemental life insurance for themselves at group rates. The employees will pay for supplemental life insurance premiums through payroll deduction. The Company will pay all administrative expenses, exclusive of carrier expense normally absorbed in the rates. Benefits from this policy shall be in addition to any other insurance plan. Payroll deduction will be taken the first and second pay period of each month. Eligibility is the same as health care, six (6) months and full-time employment status.
Supplemental Life. During the term of this Agreement, the District will provide optional Supplemental Life Insurance coverage for each covered employee and his or her spouse. Insurance coverage is currently provided through United of Omaha Life Insurance Company. Participation in the insurance coverage is at the election of the employee and premium cost for the coverage is paid by the employee through monthly payroll deduction. Spousal coverage is limited to 50% of the coverage amount selected by the employee. The provision of the benefits is subject to the terms of the policy between the District and the insurance company.
Supplemental Life. During the term of this Agreement, the District will provide optional Supplemental Life Insurance coverage for each covered employee and his or her spouse. Insurance coverage is currently provided through United of Omaha Life Insurance Company. Participation in the insurance coverage is at the election of the employee and premium cost for the coverage is paid by the employee through monthly payroll deduction. Spousal coverage is limited to 50% of the coverage amount selected by the employee. The provision of the benefits is subject to the terms of the policy between the District and the insurance company. Employees off work on a medical leave of absence for an illness or an injury, who are expected to return to active employment with the District as determined by a physician, will have their health and welfare benefits, as described in Section 13.2 above, continued for a period of six (6) months (twenty-four (24) months if an industrial illness or injury) from the date of the injury or illness. The amount of payment as provided for in Section 13.2 or 13.3 and as amended from time to time, for such benefit continuation will be paid by the District. At the conclusion of six (6) months (or twenty-four (24) months) employees may elect to continue benefit coverage under COBRA. Employees electing continuation will be billed by the District on a monthly basis for the amount of the premium cost pursuant to COBRA. Employees not making their premium payment(s) will be dropped from coverage. Employees may elect to receive a monthly cash payment in lieu of District provided medical insurance coverage, subject to the following conditions.
