Voluntary Life Insurance Plan Sample Clauses

Voluntary Life Insurance Plan. The Hospital also agrees to make the Hospitals of Ontario Voluntary Life Insurance Plan available to the nurses subject to the provisions of at no cost to the Hospital. The Hospital agrees to contribute of the billed premiums towards coverage of eligible nurses in the active employ of the Hospital under the Blue Cross Dental Plan or comparable coverage with another carrier (based on the current fee schedule as it may be updated from time to time) providing the balance of the monthly premiums are paid by the nurses through payroll deductions. For purposes of health and welfare benefits under Article dependent coverage is available to the nurse, to cover her or his same sex partner and their dependents, in accordance with the terms and conditions of the plans For newly hired nurses, coverage as set out in Article shall be effective the first billing date in the month following the month in which the nurse was first employed subject to any or other requirements the Plan. In no instance shall the first billing date for a nurse occur later than the first day of the fourth full month following the month in which the newly-hired nurse was first employed. The Hospital may substitute another carrier for any of the foregoing plans (other than provided that the level of benefits conferred thereby are not decreased. The Hospital will advise the Association of any change in carrier or underwriter at least sixty days prior to implementing a change in carrier. All present nurses enrolled in the Hospital's Pension Plan shall maintain their in the Plan subject to its terms and conditions. New nurses and nurses employed but not yet eligible for membership in the Plan shall, as a condition of employment, in the Plan when eligible in accordance with its terms and conditions. The Hospital shall continue to pay the premiums for benefit plans under Articles and for nurses who are on paid leave of absence or Workers' Compensation or at any time when salary is received, or as provided in Article Such payment shall also continue while a nurse is on sick leave (including the Unemployment Insurance Period) or on Long Term Disability to a maximum of months from the time the absence commenced. Nurses who are on layoff may continue to participate in benefit plans, at their request, provided they make arrangements for payment and provided also that the layoff does not exceed one year. Nurses who reside in Quebec shall have equivalent monetary contributions paid in that province with resp...
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Voluntary Life Insurance Plan. The Hospital also agrees to make the current voluntary Group Life Insurance Plan available to the employees, subject to the provisions of the Plan, at no cost to the Hospital.
Voluntary Life Insurance Plan. All employees covered by this Agreement who are eligible, may participate in the school district’s voluntary life plan. An employee’s spouse may also be covered through the voluntary life insurance plan. Premium costs shall be paid by the employee.

Related to Voluntary Life Insurance Plan

  • Group Life Insurance Plan Section 1 - Eligibility Regular full-time and regular part-time employees who are on staff January 1, 1979 or who join the staff following this date shall, upon completion of the three-month probationary period, become members of the Group Life Insurance Plan as a condition of employment.

  • Hospitals of Ontario Voluntary Life Insurance Plan The Hospital also agrees to make the Hospitals of Ontario Voluntary Life Insurance Plan (HOOVLIP) available to the nurses subject to the provisions of HOOVLIP at no cost to the Hospital.

  • Life Insurance No portion of your IRA may be invested in life insurance contracts.

  • Retiree Life Insurance Employees who retire under the Monroe County Employees' Retirement System shall be eligible for $4,000.00 term life insurance. All employees hired by the Employer on or after October 1, 2007 shall not be eligible for Retiree Life Insurance.

  • Key Man Life Insurance The Company may apply for and obtain and maintain a key man life insurance policy in the name of Executive together with other executives of the Company in an amount deemed sufficient by the Board, the beneficiary of which shall be the Company. Executive shall submit to physical examinations and answer reasonable questions in connection with the application and, if obtained, the maintenance of, as may be required, such insurance policy.

  • Term Life Insurance The Employer will maintain and make available to full-time and part-time employees, the current term life insurance plan as set forth in the document "Summary of Health Benefits, Maryland State Employees."

  • Group Life Insurance The Hospital shall contribute one hundred percent (100%) toward the monthly premium of HOOGLIP or other equivalent group life insurance plan in effect for eligible full-time employees in the active employ of the Hospital on the eligibility conditions set out in the existing Agreements.

  • Dependent Life Insurance In the event of the death of your spouse or dependent child from any cause whatsoever, while you and your dependents are insured under the plan, the insurance company will pay you $10,000 in respect of your spouse and $5,000 in respect of each insured dependent child. This applies to those employees with family health coverage only.

  • Split Dollar Life Insurance The Company shall pay to the Executive a lump sum equal to the cost on the Termination Date of purchasing, at standard independent insurance premium rates, an individual

  • Basic Life Insurance 37.1 The Employer shall pay one hundred percent (100%) of the monthly premium of the basic life insurance plan.

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