Voluntary Accidental Death and Dismemberment Sample Clauses

Voluntary Accidental Death and Dismemberment. Members may elect to purchase voluntary accidental death and dismemberment in units of $10,000 to a maximum $150,000. Member may elect for the Spouse to purchase voluntary accidental death and dismemberment at 50% of the member’s amount. Member with Spouse and dependents may also purchase voluntary accidental death and dismemberment at 40% (for the spouse) and 10% (for the child) of the member’s amount. Coverage terminates at age 70 or retirement, if earlier. DEPENDENT LIFE INSURANCE Life Insurance of $10,000 is provided for your eligible Spouse. Each eligible child (from 24 hours of age) is covered for $5,000 of Life Insurance. Dependent Life coverage terminates when the Member's reaches age 70 or retirement, if earlier.
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Voluntary Accidental Death and Dismemberment. (b) Members who retire at or after fifty-five (55) years of age, and who have at least ten (10) years of continuous service at the University, shall continue to have, access to the University Library, athletic facilities and health services until age sixty-five
Voluntary Accidental Death and Dismemberment. Effective January 1, 2007, the Supplemental Accidental Death and Dismemberment Plan will be discontinued. The Employer agrees to offer a Voluntary Accidental Death and Dismemberment Plan for purchase by eligible employees in accordance with the policy. Enrolled employees shall contribute, on an after-tax basis, the premium amount appropriate for the amount and type of coverage elected. The premium rates will be subject to change based upon claim experience. Voluntary Accidental Death and Dismemberment is administered by a third party administrator as determined by the Employer. This policy will be administered in accordance with the provisions of the insurance policy prepared and issued to the Employee by the insurance carrier.
Voluntary Accidental Death and Dismemberment. Members may elect to purchase accidental death and dismemberment in of to a maximum Member may elect for the Spouse to purchase voluntary accidental death and dismemberment at of the member's amount. Member with Spouse and dependents may also purchase voluntary accidental death and at (for the spouse) and (for the child) of the member's amount.
Voluntary Accidental Death and Dismemberment. The District may provide access to a voluntary Accidental Death and Dismemberment Policy for unit members. Costs associated with said Policy shall be paid for by the employee.
Voluntary Accidental Death and Dismemberment no change.
Voluntary Accidental Death and Dismemberment. Members may elect to purchase voluntary accidental death and dismemberment in units of $10,000 to a maximum $150,000. Member may elect for the Spouse to purchase voluntary accidental death and dismemberment at 50% of the member’s amount. Member with Spouse and dependents may also purchase voluntary accidental death and dismemberment at 40% (for the spouse) and 10% (for the child) of the member’s amount. DEPENDENT LIFE INSURANCE: Life Insurance of $10,000 is provided for your eligible Spouse. Each eligible child (from 24 hours of age) is covered for $5,000 of Life insurance. Dependent Life coverage reduces by 50% at age 65 and terminates when the member's Life Insurance coverage terminates.
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Voluntary Accidental Death and Dismemberment. Members may elect to purchase voluntary accidental death and dismemberment in units of to a maximum Member may elect for the Spouse to purchase voluntary accidental death and dismemberment at of the member’s amount. Member with Spouse and dependents may also purchase voluntary accidental death and dismemberment at (for the spouse) and (for the child) of the member’s amount. DEPENDENT LIFE INSURANCE: Life Insurance of is provided for your eligible Spouse. Each eligible child (from days of age) is covered for of Life insurance. Dependent Life coverage terminates when the member’s insurance coverage terminates. WEEKLY DISABILITY BENEFIT: all eligible active members are covered for of weekly earnings rounded to the nearest dollar, up to the benefit maximum at start of disability. The waiting period is working hours for an accident, working hours for an illness, however benefits are payable from the day if you are for at least hours. Benefits are paid to a maximum of weeks, LONG TERM DISABILITY BENEFIT: all eligible active members are covered for of monthly earnings rounded to the nearest dollar up to a maximum of per month. Benefits are offset by the amounts you receive under only. The waiting period is weeks from the date of disability. The benefit is payable to age There is an all-source maximum which is of your gross earnings,
Voluntary Accidental Death and Dismemberment. (AD&D). Employees may purchase AD&D coverage for themselves, following the guidelines set forth for Career Service Employees for their spouse, domestic partner, and/or child(ren).

Related to Voluntary Accidental Death and Dismemberment

  • Accidental Death and Dismemberment The Employer agrees to provide all active full-time employees with Accidental Death and Dismemberment benefit coverage equal to one (1) times their annual earnings in case of accidental death. Coverage is also provided for other losses such as speech and hearing, use of arms and legs, etc.

  • Accidental Death and Dismemberment Coverage An employee may purchase accidental death and dismemberment coverage that provides principal sum benefits in amounts ranging from five thousand dollars ($5,000) to one hundred thousand dollars ($100,000). Payment is made only for accidental bodily injury or death and may vary, depending upon the extent of dismemberment. An employee may also purchase from five thousand dollars ($5,000) to twenty-five thousand dollars ($25,000) in coverage for his/her spouse, but not in excess of the amount carried by the employee.

  • Accidental Death and Dismemberment Insurance The plan provides accidental death and dismemberment insurance coverage in an amount equal to your basic group life insurance (two times your current annual salary). Coverage is provided 24 hours per day, anywhere in the world, for any accident resulting in death, dismemberment, paralysis, loss of use, or loss of speech or hearing. If you sustain an injury caused by an accident occurring while the policy is in force which results in one of the following losses, within 365 days of the accident, the benefit shown will be paid to you. In the case of accidental death, the benefit will be paid to the beneficiary you have named to receive your group life insurance benefits. Benefits are payable in accordance with the following schedule: Schedule of Benefits 100% of Principal Sum For Loss of: · Life · Both Hands or Both Feet · Entire Sight of Both Eyes · One Hand and One Foot · One Hand and Entire Sight of One Eye · One Foot and Entire Sight of One Eye · Speech and Hearing in Both Ears · Use of Both Arms or Both Legs or Both Hands · Quadriplegia (total paralysis of both upper and lower limbs) · Paraplegia (total paralysis of both lower limbs) · Hemiplegia (total paralysis of upper and lower limbs of one side of the body) 75% of Principal Sum For Loss of: · One Arm or One Leg · Use of One Arm or One Leg 66 2/3% of Principal Sum For Loss of: · One Hand or One Foot · Entire Sight of One Eye · Speech or Hearing in Both Ears · Use of One Hand or One Foot 33 1/3% of Principal Sum of Loss of: · Thumb and Index Finger of One Hand · Four Fingers of One Hand

  • Basic Life and Accidental Death and Dismemberment Coverage The Employer agrees to provide and pay for the following term life coverage and accidental death and dismemberment coverage for all supervisors eligible for an Employer Contribution, as described in Section 3. Any premium paid by the State in excess of fifty thousand dollars ($50,000) coverage is subject to a tax liability in accord with Internal Revenue Service regulations. A supervisor may decline coverage in excess of fifty thousand dollars ($50,000) by filing a waiver in accord with Minnesota Management & Budget procedures. The basic life insurance policy will include an accelerated benefits agreement providing for payment of benefits prior to death if the insured has a terminal condition. Supervisors’ Annual Base Salary Group Life Insurance Coverage Accidental Death and Dismemberment Principal Sum $10,000 - $15,000 $15,000 $15,000 $15,001 - $20,000 $20,000 $20,000 $20,001 - $25,000 $25,000 $25,000 $25,001 - $30,000 $30,000 $30,000 $30,001 - $35,000 $35,000 $35,000 $35,001 - $40,000 $40,000 $40,000 $40,001 - $45,000 $45,000 $45,000 $45,001 - $50,000 $50,000 $50,000 $50,001 - $55,000 $55,000 $55,000 $55,001 - $60,000 $60,000 $60,000 $60,001 - $65,000 $65,000 $65,000 $65,001 - $70,000 $70,000 $70,000 $70,001 - $75,000 $75,000 $75,000 $75,001 - $80,000 $80,000 $80,000 $80,001 - $85,000 $85,000 $85,000 $85,001 - $90,000 $90,000 $90,000 Over $90,000 $95,000 $95,000

  • Accidental Death Full twenty-four (24) hour Accidental Death coverage equivalent to coverage under the Group Life Plan.

  • For death and disability The Company may also terminate the Employment, at any time, without notice or remuneration (unless notice or remuneration is specifically required by applicable law, in which case notice or remuneration will be provided in accordance with applicable law), if:

  • Death and Disability (a) The Employment Term shall terminate on the date of Employee's death, in which event Employee's Salary, reimbursable expenses and benefits owing to Employee through the date of Employee's death shall be paid to his estate. Employee's estate will not be entitled to any other compensation upon termination of this Agreement pursuant to this subparagraph 8(a).

  • Life and Disability Insurance The Company will provide term life and disability insurance payable to the Employee, in each case in an amount up to a maximum of one times the Employee’s base salary in effect from time to time, provided however, that such amount will be reduced by the amount of any life insurance or death or disability benefit coverage, as applicable, that is provided to the Employee under any other benefit plans or arrangements of the Company. Such policies will be in accordance with the Company’s standard policies from time to time with respect to such insurance and the rules established for individual participation in such plans and under applicable law.

  • Optional Life and Disability Coverages In order for coverage to become effective, the employee must be in active payroll status and not using sick leave on the first day following approval by the insurance company. If it is an open enrollment period, coverage may be applied for but will not become effective until the first day of the employee's return to work.

  • Long-term Disability Coverage New employees may enroll in long-term disability insurance by their initial effective date of coverage. Employees who become eligible for insurance may enroll in long-term disability insurance within thirty (30) days of their initial effective date as defined in this Article, Section 5C. An employee who is insurance eligible and moves from a temporary position to a permanent position will be allowed to enroll in long-term disability coverage within thirty (30) days of the event without providing evidence of insurability. The terms are the same as for employees who wish to add/increase during the annual open enrollment. During open enrollment only, an employee may purchase long-term disability coverage that provides benefits of from three hundred dollars ($300) to seven thousand dollars ($7,000) per month, based on the employee's salary, commencing on the 181st calendar day of total disability, and not subject to evidence of insurability but with a limited term pre-existing condition exclusion. Employees should be aware that other wage replacement benefits, as described in the certificate of coverage (i.e., Social Security Disability, Minnesota State Retirement Disability, etc.), may result in a reduction of the monthly benefit levels purchased. In any event, the minimum is the greater of three hundred dollars ($300) or fifteen (15) percent of the amount purchased. The minimum benefit will not be reduced by any other wage replacement benefit. In the event that the employee becomes totally disabled before age seventy (70), the premiums on this benefit shall be waived.

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