Term Life Insurance Plan Sample Clauses

Term Life Insurance Plan. The District shall provide a term life insurance policy equal to one (1) times the employee's annual salary at Step E to a maximum of $75,000.
Term Life Insurance Plan. Full-time Educators will be covered by group term life insurance in the amount of $25,000.00.
Term Life Insurance Plan. For current regular or probationary employees hired by the District prior to May 1, 1985, the District shall provide a term life insurance policy equal to two (2) times the employee's annual salary at Step E to a maximum of $75,000. For regular or probationary employees hired by the District after May 1, 1985, the District shall provide a term life insurance policy equal to one (1) times the employee's annual salary at Step E to a maximum of $75,000.
Term Life Insurance Plan. The School Committee shall provide, furnish and entirely pay for the full premium of $20,000 Group Level Term Life Insurance for all custodian/maintenance workers in the Smithfield School System. Custodian/maintenance workers shall have the option to purchase like amount under the specified conditions and group rates as determined by the carrier. The conditions and rate shall be provided to the association. The Committee shall have the sole right to determine the insurance carrier.
Term Life Insurance Plan. The School Committee will provide life insurance in an amount of $30,000.

Related to Term Life Insurance Plan

  • Group Life Insurance Plan Section 1 - Eligibility Regular full-time and regular part-time employees who are on staff January 1, 1979 or who join the staff following this date shall, upon completion of the three-month probationary period, become members of the Group Life Insurance Plan as a condition of employment.

  • 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."

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

  • Group Term Life Insurance The School District will pay the full premium for each $1,000 of coverage for group term life insurance. The amount of life insurance provided will be $20,000, subject to the conditions of the carrier.

  • Insurance Plan 19.01 The Employer agrees to contribute the indicated percentage of the premium cost of the following group plans for full-time employees (and their families where applicable) who have completed their probationary period.

  • Group Insurance Plan The carriers, coverage, and terms and conditions of participation under the District’s Group Insurance Plan are subject to change in accordance with the applicable provisions of Title I, Division 4, Chapter 10 of the California Government Code (Section 3500 et seq.) (Xxxxxx‐Milias‐Brown Act).

  • Group Life Insurance The Hospital shall contribute one hundred percent (100%) toward the monthly premium of HOOGLIP or other equivalent group life insurance plan in effect for eligible full-time employees in the active employ of the Hospital on the eligibility conditions set out in the existing Agreements.

  • Retiree Life Insurance Employees who retire under the Monroe County Employees' Retirement System shall be eligible for $4,000.00 term life insurance. All employees hired by the Employer on or after October 1, 2007 shall not be eligible for Retiree Life Insurance.

  • Hospitals of Ontario Voluntary Life Insurance Plan The Hospital also agrees to make the Hospitals of Ontario Voluntary Life Insurance Plan (HOOVLIP) available to the nurses subject to the provisions of HOOVLIP at no cost to the Hospital.

  • GROUP INSURANCE PLANS 15.01 The Company agrees to provide all full time employees with one (1) or more years of continuous service, a *Short Term Disability Benefit (S.T.D.) as generally described in Section B of a notice to all employees of the amended Benefit Plan dated May 1, 1993. *Payment for Short Term Disability shall begin on the third (3rd) consecutive day of absence. For those employees who have completed ninety (90) days of perfect attendance from the last date of return to work from an absence due to sickness or accident, shall be paid S.T.D. from the first (1st) day for the first covered absence following the ninety (90) days of perfect attendance.

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