Life Insurance Basic definition

Life Insurance Basic. One times (1 the employee's annual salary to a maximum of $40,000; reduces to at age and terminates at age Premiums are Employer paid.
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Life Insurance Basic. One times the employee's annual salary to a maximum of Life Insurance Optional: Eligible employees and their spouses have access to additional life insurance coverage. Premiums are paid by the employee, which will be payroll deducted by the Employer.
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Examples of Life Insurance Basic in a sentence

  • The benefits include: Basic Life Insurance, Optional Life Insurance, Basic Accidental Death and Dismemberment, Voluntary Accidental Death and Dismemberment, Extended Health Benefits, Optional Health Benefits, Dental Care Benefits, Optional Dental Care Benefits and Core and Enhanced Long-Term Disability Benefits.

  • Company Company SURVIVOR BENEFITS: Basic Life Insurance Voluntary Life Insurance Basic Accidental Death & Dismemberment Insurance Voluntary Accidental Death & Dismemberment Insurance Required Immediate…………….

  • An outline of the Hospital and Medical Care Plans, Group Life Insurance, Basic Dental Plan, Extended Health Care, Long Term Disability Plan, Workplace Safety Insurance Benefits, Sick Leave and Pension benefits is contained in Schedule attached hereto and forming part of this Agreement.

  • In accordance with Klondike Star's human resource management policies and programs established in its sole discretion, these plans are available: Basic Life Insurance, Basic Accidental Death & Dismemberment, Dependent Life, Long Term Disability, Extended Health Care and Dental Care.

  • Except as provided under Section 2(a)(i), your continued participation in and any rights, to the extent thereof, under the Company’s 401(k) Retirement and Savings Plan, U.S. Deferred Compensation Plan and its Medical, Dental, AD&D Optional Insurance, Supplemental Life Insurance, Basic LTD and Spouse Life Insurance Plans shall be subject to the terms of those respective plans.

  • The Flex Benefits Plan Includes: Medical Plan Dental Plan Vision Life Insurance (Basic, Supplemental, Dependent Life, and Personal Accident) Long Term Disability Long Term Care Flexible Spending Account Short Term Disability - All bargaining unit employees will be covered by the Short Term Disability program for non-occupational injury and illness.

  • The employer shall pay, for a period of two (2) years, from the commencement of receipt of long term disability benefits of the monthly premium costs for: Basic Group Life Insurance; Basic Group Accidental Death and Dismemberment Insurance; Hospital and Major Medical Insurance; Vision Care Insurance; Dental Care Insurance.

  • Life & Accident Insurance Plans The company provides Basic Life Insurance, Basic Accidental Death & Dismemberment (AD&D) and Business Travel Accident Insurance coverage to employees at no cost.

  • The Employer shall adopt the State of Wisconsin Group Life Insurance Basic program, based on employee earnings and shall pay the premium cost of said plan.

  • Employees who are in receipt of an OMERS Disability Pension or who are in receipt of an early OMERS retirement pension prior to Normal Retirement Age 65 may be allowed to continue the following employer-paid insurance coverage to age 65 provided the employee is able to satisfy all insurability requirements: Basic Group Life Insurance; Basic Group A.D.&D.