Common use of Life Coverage Clause in Contracts

Life Coverage. The Employer shall provide "straight-term" life insurance or coverage for each permanent, full-time employee equal to the employee's annual salary rounded to the next highest thousand dollars or ten thousand dollars ($10,000), whichever is greater and including provisions for accidental death and dismemberment.

Life Coverage. The Employer shall provide "straight-term" life insurance or coverage for each permanent, full-time employee equal to the employee's ' s annual salary rounded to the ·next highest thousand dollars or ten thousand dollars ($10,000), whichever is greater and including provisions for accidental death and dismemberment.

Life Coverage. The Employer shall provide "straight-term" life insurance or coverage for each permanent, full-time or part-time employee equal to the employee's annual salary rounded to the next highest $1,000 (One thousand dollars dollars) or ten $10,000 (Ten thousand dollars ($10,000), dollars) whichever is greater and including provisions for accidental death and dismemberment, at no cost to the employee.