Life Insurance Provided Sample Clauses

Life Insurance Provided. The City shall provide term life insurance coverage in the amount of $12,000 for each bargaining unit member. Bargaining unit members may purchase additional term life insurance (called Supplemental Insurance) on hire in $10,000 increments up to $100,000 guaranteed issue at cost through a payroll deduction system. Eligibility and additional amounts for bargaining unit member and spouse are available as provided by our insurance carrier and under the restrictions described on our Bargaining unit member Services Page (Life and Supplemental Life Insurance) for all City bargaining unit members. The City shall provide each bargaining unit member a certificate of coverage.
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Life Insurance Provided. During the term of this MOU agreement, the City agrees to provide term life insurance in the amount of $40,000 per employees as defined in Section 1.3 in the Local One unit. Selection of the carrier shall be at the discretion of the City.
Life Insurance Provided. The City shall provide term life insurance coverage in the amount of $12,000 for each regular-hire full and part-time employee. Additional voluntary term life and AD&D insurance may be purchased in increments of $10,000 up to the allowed maximum as outlined in the plan documents by each employee at his/her cost through a payroll deduction system. Proof of good health may be required for employee paid life insurance subject to the rules of the insurance carrier. Optional spouse or domestic partner life insurance may also be purchased in increments of $10,000 up to the lessor of 100% of the employee benefit or the allowed maximum through payroll deduction. Proof of good health may be required for spouse or domestic partner life insurance subject to the rules of the insurance carrier. A description of benefits is available online at xxxxx://xxxxx.xxxx/CityofSantaRosa.
Life Insurance Provided. Section 27.1 The employer shall provide group life insurance coverage for all bargaining unit employees in the amount of $25,000.00. In the case of accidental death, the coverage shall be in the amount of $50,00.00. There shall be no contribution by an employee for this coverage.

Related to Life Insurance Provided

  • Life Insurance No portion of your IRA may be invested in life insurance contracts.

  • Term Life Insurance The Employer will maintain and make available to full-time and part-time employees, the current term life insurance plan as set forth in the document "Summary of Health Benefits, Maryland State Employees."

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