Accidental Death and Dismemberment Insurance Plan. The Employer shall provide a mutually acceptable Accidental Death and Dismemberment Insurance Plan with twenty-four (24) hour coverage and payments based on a principle amount which is equal to at least two times (2X) the employee’s annual salary.
Accidental Death and Dismemberment Insurance Plan. The Company will arrange with an insurance company for the provision of an Accidental Death and Dismemberment Insurance Plan for employees represented by the Union as set out herein.
Accidental Death and Dismemberment Insurance Plan. The optional AD&D plan offers a full 24 hour, 365 day a year, coverage against accidents occurring anywhere in the world, whether you are on or off the job.
Accidental Death and Dismemberment Insurance Plan. The Accidental Death and Dismemberment Insurance coverage provides benefits for loss of the employee's life, limbs or the entire and irrecoverable loss of sight, including losses resulting from occupational bodily injuries. The benefits are payable if the loss is a direct result of a bodily injury caused by an accident and the loss is sustained within 90 days after the date of the accident. The Accidental Death and Dismemberment Benefit full Principal Sum is equal to one and one quarter times Basic Annual Salary up to a maximum benefit of $50,000. Basic Annual Salary is the employee's annual rate of basic earnings in effect, exclusive of bonuses, overtime, or other extra compensation. The full Principal Sum will be paid to the employee's beneficiary in the event of the employee's death. This amount is in addition to any amount payable under the employee's Life Insurance. The full Principal Sum will be paid to the employee for the loss of: Both Hands One Hand and Sight of One Eye Both Feet One Foot and Sight of One Eye Sight of Both Eyes One Hand and One Foot The full Principal Sum also will be paid to the employee for the loss of one hand if the employee previously lost hearing, as defined below. One-half of the Principal Sum will be paid to the employee for the loss of speech or hearing of both ears, one hand, one foot, sight of one eye or the loss of use of the hand, arm, foot or leg. Loss of a hand or foot means actual severance at or above the wrist or ankle joint; loss of sight, speech, hearing or loss of use means loss that is total, cannot be recovered, lasts one year and is deemed to be permanent. In no case will more than the full Principal Sum be paid for all losses sustained through any one accident. Since the purpose of this coverage is to provide benefits for losses due to accidents, no benefits are paid on account of a loss caused or contributed to by: bodily or mental infirmity; disease, ptomaines or bacterial infections; medical or surgical treatment (unless made necessary by an injury covered under the Plan) suicide or intentionally self-inflicted injury; war or any act of war. The injury causing the loss must occur while insurance is in force. Section 8.
Accidental Death and Dismemberment Insurance Plan. The Employer will continue to provide all Employees except Casual Employees and Part Time Employees regularly working twenty four (24) hours or less in any given calendar week with Accidental Death and Dismemberment Insurance benefits under the terms of the applicable insurance policy. Coverage will be effective on the first day of the calendar month following three (3) months of continuous service as follows:
