Common use of Life & Accident Insurance Clause in Contracts

Life & Accident Insurance. Effective January 1, 2015, each employee will be eligible for life & accident insurance (i.e., life insurance, long term disability insurance, and accident insurance) on the same basis, including cost, as management and administrative employees of the Company (excluding officers). Retiree life insurance coverage will not be offered. The Company subsidy for long term disability insurance will be 50% of the cost of coverage.

Appears in 3 contracts

Samples: Maintenance Instructor Employees, Instructor Employees, Maintenance Instructor Employees

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Life & Accident Insurance. Effective as of the January 1, 20152016, each employee will be eligible for life & accident insurance (i.e., life insurance, long term disability insurance, and accident insurance) on the same basis, including cost, as management and administrative employees of the Company (excluding officers). Retiree Effective as of the Effective Date of this Agreement, retiree life insurance coverage will not be offered. The Company subsidy for long term disability insurance will shall be 50% of the cost of coverage.

Appears in 3 contracts

Samples: iam141.org, iam141.org, iam141.org

Life & Accident Insurance. Effective January 1, 2015, 2016 each employee will be eligible for life & accident insurance (i.e., life insurance, long term disability insurance, and accident insurance) on the same basis, including cost, as management and administrative employees of the Company (excluding officers). Retiree life insurance coverage will not be offered. The Company subsidy for long term disability insurance will be 50% of the cost of coverage.

Appears in 2 contracts

Samples: Officer Employees, Security Officer Employees

Life & Accident Insurance. 1. Effective January 1, 20152016, each employee will be eligible for life & accident insurance (i.e., life insurance, long term disability insurance, and accident insurance) on the same basis, including cost, as management and administrative employees of the Company (excluding officers). Retiree life insurance coverage will not be offered. The Company subsidy for long term disability insurance will be 50% of the cost of coverage.

Appears in 2 contracts

Samples: iam141.org, iam141.org

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Life & Accident Insurance. Effective January 1, 20152016, each employee will be eligible for life & accident insurance (i.e., life insurance, long term disability insurance, and accident insurance) on the same basis, including cost, as management and administrative employees of the Company (excluding officers). Retiree life insurance coverage will not be offered. The Company subsidy for long term disability insurance will be 50% of the cost of coverage.

Appears in 1 contract

Samples: iam141.org

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