Common use of Supplemental Life Insurance Clause in Contracts

Supplemental Life Insurance. Employees exercising the option to purchase supplemental life insurance may do so in $5,000 increments not to exceed $20,000 in coverage.

Appears in 6 contracts

Samples: Labor Agreement, www.ci.stcloud.mn.us, www.ci.stcloud.mn.us

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Supplemental Life Insurance. Employees exercising the option to may purchase an additional amount of supplemental term life insurance may do so in five-thousand ($5,000 5,000) dollar increments not up to exceed a maximum of one hundred fifty thousand ($20,000 in coverage150,000) dollars through payroll deduction. The amount of payroll deduction for supplemental term life insurance coverage equals the actual cost to the County. The purchase of supplemental term life insurance shall be subject to carrier rules.

Appears in 5 contracts

Samples: Agreement, Agreement, Agreement

Supplemental Life Insurance. Employees exercising the option to may purchase an additional amount of supplemental term life insurance may do so in Five-thousand ($5,000 5,000) Dollar increments not up to exceed a maximum of One Hundred fifty Thousand ($20,000 in coverage150,000) Dollars through payroll deduction. The amount of payroll deduction for supplemental term life insurance coverage equals the actual cost to the County. The purchase of supplemental term life insurance shall be subject to carrier rules.

Appears in 3 contracts

Samples: Agreement, Agreement, Agreement

Supplemental Life Insurance. Employees exercising may purchase additional life insurance in five thousand dollar ($5,000) increments up to a maximum of one hundred fifty thousand dollars ($150,000) through payroll deduction. The amount deducted shall equal the option actual cost to the County. The purchase of such supplemental life insurance may do so in $5,000 increments not shall be subject to exceed $20,000 in coveragethe carrier’s rules.

Appears in 3 contracts

Samples: Agreement, Agreement, Agreement

Supplemental Life Insurance. Employees exercising the option to may purchase an additional amount of supplemental term life insurance may do so in Five Thousand ($5,000 5,000) Dollar increments not up to exceed a maximum of One Hundred Fifty Thousand ($20,000 in coverage150,000) Dollars through payroll deduction. The amount of payroll deduction for supplemental term life coverage equals the actual cost to the County. The purchase of supplemental term life insurance shall be subject to carrier rules.

Appears in 2 contracts

Samples: Agreement, Agreement

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Supplemental Life Insurance. Employees exercising the option to may purchase Company offered supplemental life insurance may do so coverage in $5,000 10,000 increments not up to exceed $20,000 500,000. Policies over $200,000 in coveragecoverage will require evidence of insurability.

Appears in 1 contract

Samples: Collective Bargaining Agreement

Supplemental Life Insurance. Employees exercising the option to may purchase an additional amount of supplemental term life insurance may do so in Five- thousand ($5,000 5,000) Dollar increments not up to exceed a maximum of One Hundred fifty Thousand ($20,000 in coverage150,000) Dollars through payroll deduction. The amount of payroll deduction for supplemental term life insurance coverage equals the actual cost to the County. The purchase of supplemental term life insurance shall be subject to carrier rules.

Appears in 1 contract

Samples: Agreement

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