Common use of Voluntary Life Insurance Clause in Contracts

Voluntary Life Insurance. Bargaining Unit Members shall have the opportunity to purchase voluntary group life insurance coverage on a payroll deduction basis subject to the terms and conditions of the insurance company’s plan provisions. Bargaining Unit Members may be required to submit medical evidence of insurability. Payroll deduction of premiums prior to approval does not mean coverage is effective. If the carrier does not approve coverage, any premium that has been collected will be returned.

Appears in 4 contracts

Samples: resources.finalsite.net, www.dasd.org, www.dasd.org

AutoNDA by SimpleDocs
Time is Money Join Law Insider Premium to draft better contracts faster.