Accidental Death and Dismemberment (AD&D) Sample Clauses

Accidental Death and Dismemberment (AD&D). The Employer shall maintain and shall bear the full cost of the accidental death and dismemberment insurance policy, the principal value of which shall be equal to that of the basic group life insurance coverage of each Employee.
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Accidental Death and Dismemberment (AD&D). Each full-time employee shall be entitled to coverage under the AD&D Plan effective the first day of the calendar month following three (3) months of continuous employment. The AD&D Insurance benefit shall have a coverage level of two times (2X) the employee’s annual salary, rounded to the next highest thousand dollars ($1,000) and is subject to the provisions of the Plan.
Accidental Death and Dismemberment (AD&D). The Board will contribute 100% of the costs of the premium for eligible employees. The value of the policy will be two times the employee’s annual salary to a maximum of $100,000, with a minimum level of $50,000 for employees working thirty (30) hours per week and a minimum level of $25,000 for eligible employees working less than thirty (30) hours per week.
Accidental Death and Dismemberment (AD&D). Accidental Death benefits equal $100,000 ($50,000 Life and $50,000 AD&D). Scheduled benefits apply in the case of dismemberment. Check the Group Insurance Benefits handbook for specific information. This benefit applies to employees only.
Accidental Death and Dismemberment (AD&D). Employees will be eligible to participate in Wabtec’s basic and supplemental AD&D insurance plan through Chubb Insurance, subject to the terms and conditions set forth in the applicable plan documents and/or insurance policies. Employees will be eligible for an accidental death benefit equal to one and one-half (1½) times their eligible compensation, as defined in AD&D plan the at no cost. Employees may elect voluntary supplemental and dependent AD&D coverage at group rates.
Accidental Death and Dismemberment (AD&D). The Company will pay indemnity determined from the table below if You sustain a Loss stated therein resulting from Xxxxxx suffered from an Accident during the Period of Coverage and subject to the exclusions set forth in Section 5, provided that (i) such Loss occurs within three hundred sixty-five (365) days after the date of Accident causing such Loss; (ii) the indemnity payable for any such Loss shall be the Principal Sum stated on the Schedule of Benefits as applicable to You and this Insurance; and (iii) if more than one (1) Loss stated in the table of Losses is sustained as the result of one (1) Accident, only one (1) of the amounts, the largest, will be paid. For the purposes of this benefit, member shall mean hand, foot, or eye. Loss of life Principal Sum Loss of two members Principal Sum Loss of one member 50% of Principal Sum The total amount payable under this Section 4.2 when there are multiple Insured Persons covered by the Certificate is the Aggregate Limit as set forth in the Schedule of Benefits. If the total of such indemnity exceeds the Aggregate Limit, the Company will not be liable to any Insured Person for a greater proportion of such Insured Person’s indemnity afforded by the Accidental Death and Dismemberment benefit than their proportionate share. For loss of life, the benefit will be paid to the beneficiary designated in writing by You. If no beneficiary is designated or if the beneficiary is no longer living, the benefit will be paid to Your closest living Relative in the following order: (i) Spouse; (ii) Child(ren); (iii) issued of deceased Child(ren); (iv) parent(s); (v) siblings; (vi) issue of deceased siblings; (vii) grandparents; (viii) siblings of parents; or (ix) Your estate. The coverage under this Section 4.4 excludes and does not cover Expenses that are for, resulting from, related to, or incurred in connection with the following: Disease or sickness of any kind; Bacterial infections except pyogenic infection that occurs through an Accidental cut or wound; or Hernia of any kind. Additionally, the exclusions set forth in Section 5 apply to the coverage provided by the Certificate under this Section 4.4.
Accidental Death and Dismemberment (AD&D). The Employer pays 100% of the premium for a principal sum amount of 2.5 times the Employee’s annual salary, rounded to the next higher $1,000 if not already a multiple thereof, to a maximum of
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Related to Accidental Death and Dismemberment (AD&D)

  • Accidental Death and Dismemberment The Employer agrees to provide all active full-time employees with Accidental Death and Dismemberment benefit coverage equal to one (1) times their annual earnings in case of accidental death. Coverage is also provided for other losses such as speech and hearing, use of arms and legs, etc.

  • Group Life and Accidental Death and Dismemberment (a) The Employer will pay 100% of the premiums for the group life and accidental death and dismemberment insurance plans. (b) The plan will provide basic life insurance in the amount of $50,000 and standard 24 hour accidental death and dismemberment insurance until age 65. At the age of 65 the amount of coverage will decrease to $25,000 until the age of 70, at which time the group insurance coverage will cease. Employees may purchase additional insurance provided this option is available by the carrier. The Employer will deduct the appropriate amount from the employee's pay for this option. (c) On termination of employment (excluding retirement) coverage for group life will continue without premium payment for a period of 31 days during which time the conversion privilege may be exercised; that is, the individual covered may convert all or part of their group life insurance into any whole life, endowment or term life policy normally issued by the insurer and the insurer's standard rates at the time, without medical evidence. (d) Employees will be entitled to advance payment of Group Life Benefits in accordance with Memorandum of Agreement #7 (Re: Advance Payment of Group Life Benefits).

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