Life Insurance Coverage definition

Life Insurance Coverage means the continued coverage to which you may be entitled under the Company's group-term and executive life insurance plans during any Salary Continuation Period in effect for you under this letter agreement.
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Life Insurance Coverage. Life insurance coverage under CBS’s policy in effect on the Separation Date in the amount then furnished to CBS employees at no cost until June 30, 2020.
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Life Insurance Coverage life insurance coverage for thirty-six (36) months under the Company Group’s policy in effect on the date of termination in the amount then furnished to Company Group, as applicable, employees at no cost (the amount of which coverage will be reduced by the amount of life insurance coverage furnished to you at no cost by a third party employer); provided, however, that to the extent the Company Group is unable to continue such benefits because of underwriting on the plan term, the Company shall provide you with economically equivalent benefits determined on an after-tax basis (to the extent such benefit was non-taxable). Xxxxxx X. Xxxxxxxxx as of December 4, 2019 Page 18
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Examples of Life Insurance Coverage in a sentence

  • B Health and Life Insurance Coverage Employees who are separated because of a layoff or a reduction in force shall be entitled to the health insurance and life insur- ance coverage and to the conversion rights provided for in the Employee and Labor Relations Manual.

  • The accelerated death / living benefit is a benefit payable under the Policy’s Employee Only Life Insurance Coverage to an insured employee during his or her lifetime.

  • Dependent Life Insurance Coverage is $5,000 for the spouse and $2,500 for each dependent child.

  • B Health and Life Insurance Coverage Employees who are separated because of a layoff or a reduction in force shall be entitled to the health insurance and life insurance coverage and to the conversion rights provided for in the Em- ployee and Labor Relations Manual.

  • Employees who are eligible for Retiree Medical Insurance Coverage in accordance with Section 7.3B, above, are also eligible for Retiree Life Insurance Coverage.

  • Notwithstanding the foregoing, Covered Officer shall be entitled to receive the same Disability Coverage, Life Insurance Coverage and Health Care Coverage as is made available to Company employees generally.

  • Permanent employees as approved by the Legislative Facilities Committee shall be eligible for fringe benefits as provided for classified employees including membership in the Retirement System, Medical, Dental and Life Insurance Coverage, Annual, Sick and Bonus Leave; and any other benefits that may be granted.

  • The Employer shall pay the full cost of premiums into the Group Life Insurance Plan to provide sixty thousand dollars ($60,000.00) for Life Insurance Coverage and Accidental Death and dismemberment benefits to age seventy (70) years.

  • All other employees are not eligible for Retiree Life Insurance Coverage.

  • Life Insurance Coverage provided at 50% of covered compensation (generally base salary plus incentive compensation).


More Definitions of Life Insurance Coverage

Life Insurance Coverage life insurance coverage for thirty-six (36) months under the Xxxxxx X. Xxxxxxxxx as of [•] Company Group’s policy in effect on the date of termination in the amount then furnished to Company Group, as applicable, employees at no cost (the amount of which coverage will be reduced by the amount of life insurance coverage furnished to you at no cost by a third party employer); provided, however, that to the extent the Company Group is unable to continue such benefits because of underwriting on the plan term, the Company shall provide you with economically equivalent benefits determined on an after-tax basis (to the extent such benefit was non-taxable).
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Life Insurance Coverage has the meaning set forth in Section 9(c) hereof and as described in Section 6(b) hereof.
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Life Insurance Coverage means group term life insurance coverage maintained for Employees by the Employer under a separate plan, program, insurance policy or contract, which satisfies the requirements of Section 79 of the Code.
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Life Insurance Coverage has the meaning set forth in Section 9(c) hereof.
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Life Insurance Coverage means the continued coverage to which you will be entitled under the Company's group-term and executive life insurance plans during any Salary Continuation Period in effect for you under this letter agreement.
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Related to Life Insurance Coverage

  • Insurance Coverage Contractor shall, at Contractor’s sole expense, procure, maintain and keep in force for the duration of this Contract the following insurance conforming to the minimum requirements specified below. Unless specified herein or otherwise agreed to by the City, the required insurance shall be in effect prior to the commencement of work by Contractor and shall continue in force as appropriate until the latter of:

  • Insurance Cover means the aggregate of the maximum sums insured under the insurance taken out by the Contractor pursuant to Article 20, and includes all insurances required to be taken out by the Contractor under Clauses 20.1 and 20.9 but not actually taken, and when used in the context of any act or event, it shall mean the aggregate of the maximum sums insured and payable or deemed to be insured and payable in relation to such act or event;

  • Health insurance coverage means benefits consisting of medical care (provided directly, through

  • Life insurance means insurance coverage on human lives including benefits of endowment and annuities, and may include benefits in the event of death or dismemberment by accident and benefits for disability income and unless otherwise specifically excluded, includes individually issued annuities.

  • Individual health insurance coverage means health insurance coverage offered to individuals in the

  • Group health insurance coverage means in connection with a group health plan, health insurance

  • Life Insurance Policy has the meaning given in Section 6.11.

  • Coverage means the types of persons to be eligible as the beneficiaries of the Scheme to health services provided under the Scheme, subject to the terms, conditions and limitations.

  • Life Insured means the person named in the Schedule, on whose life the Policy is effected;

  • Health care coverage means any plan providing hospital, medical or surgical care coverage for

  • Co-insurance means the percentage of the usual, reasonable, customary, and fair market value expense that a covered person must pay.

  • life insurance business means the business of providing or undertaking to provide policy benefits under life policies;

  • group insurance means insurance, other than creditor’s group insurance and family insurance, whereby the lives of a number of persons are insured severally under a single contract between an insurer and an employer or other person; (“assurance collective”)

  • Continuation Coverage means coverage under a COBRA continuation provision or a similar state program. Coverage provided by a plan that is subject to a COBRA continuation provision or similar state program, but that does not satisfy all the requirements of that provision or program, will be deemed to be continuation coverage if it allows an individual to elect to continue coverage for a period of at least 18 months. Continuation coverage does not include coverage under a conversion policy required to be offered to an individual upon exhaustion of continuation coverage, nor does it include continuation coverage under the Federal Employees Health Benefits Program.

  • Insurance means (i) all insurance policies covering any or all of the Collateral (regardless of whether the Collateral Agent is the loss payee thereof) and (ii) any key man life insurance policies.

  • policy of life insurance means any instrument by which the payment of money is assured on death (except death by accident only) or the happening of any contingency dependent on human life, or any instrument evidencing a contract which is subject to payment of premiums for a term dependent on human life;

  • Fidelity Insurance means insurance coverage with respect to employee errors, omissions, dishonesty, forgery, theft, disappearance and destruction, robbery and safe burglary, property (other than money and securities) and computer fraud.

  • Insurance Company The Transferee is an insurance company whose primary and predominant business activity is the writing of insurance or the reinsuring of risks underwritten by insurance companies and which is subject to supervision by the insurance commissioner or a similar official or agency of a state, U.S. territory or the District of Columbia.

  • Insurance Companies means the companies with whom the Insurance Policies are held.

  • Creditable coverage means, with respect to an individual, coverage of the individual provided under any of the following:

  • insurance period means a contribution period or an equivalent period;

  • Site Coverage means ratio expressed in percentage between the area covered by the ground floor of building and the area of the site;

  • Insurance Amount has the meaning set forth in Section 6.08(c).

  • Insurance Consultant or "consultant" means a person who:

  • Life insurance producer means any person licensed in this state as a resident or nonresident insurance producer who has received qualification or authority for life insurance coverage or a life line of coverage pursuant to chapter 522B.

  • Long-term care insurance means group insurance that is authorized by the retirement system for retirants, retirement allowance beneficiaries, and health insurance dependents, as that term is defined in section 91, to cover the costs of services provided to retirants, retirement allowance beneficiaries, and health insurance dependents, from nursing homes, assisted living facilities, home health care providers, adult day care providers, and other similar service providers.