Common use of TEMPORARY LAY-OFF Clause in Contracts

TEMPORARY LAY-OFF. An insured, temporarily laid-off employee will be covered by insurance benefits at no cost until the end of the month in which the layoff occurs. If a temporarily laid-off employee desires to continue the insurance, all coverages, except weekly disability benefits, may be continued for a period not to exceed six (6) months, providing the laid-off employee makes the first premium payment in full for the following month within seven (7) days from the date of the layoff, or the first of the following month, whichever occurs first.

Appears in 2 contracts

Sources: Collective Bargaining Agreement (Wells Gardner Electronics Corp), Collective Bargaining Agreement (Wells Gardner Electronics Corp)