Accidental Death and Dismemberment Insurance for Employees Sample Clauses

Accidental Death and Dismemberment Insurance for Employees. If, as a result of an accident, you suffer the loss of life, limbs, or sight, you will receive Accidental Death and Dismemberment Benefits up to the following maximum: (This is in addition to all other benefits.) (providing you are actively at work) Effective January 2, 2012: $56,000. ** A.D. & D. Plan in effect at the time disability commenced. The increased A.D. & D. will become effective upon your return to active full-time employment. If your employment is terminated, your coverage will be cancelled as and from the date of termination. The full amount of your insurance will be paid if the ac- cident caused the loss of life, or both hands or both feet, or the sight of both eyes, or one hand and one foot, or one hand and the sight of one eye, or one foot and the sight of one eye, or hearing in both ears and speech, or use of both hands or use of both feet. Three quarters of the amount of your insurance will be paid if the accident caused the loss of one arm, or one leg, or the use of one arm or the use of one leg. Two thirds of the amount of your insurance will be paid if the accident caused the loss of one hand, or one foot, or the entire sight of one eye, or speech, or hearing in both ears, or use of one hand, or use of one foot. One third of the amount of your insurance will be paid if the accident caused the loss of one thumb and index finger, or at least four fingers of one hand. One quarter the amount of your insurance will be paid if the accident caused the loss of the hearing in one ear, or all toes on one foot. Twice the amount of your insurance will be paid if the ac- cident caused quadriplegia, or paraplegia, or hemiplegia. As a result of a covered accident you will be eligible to apply for the following benefits (subject to a maximum benefit payable): l Hotel and travel expenses actually incurred by a mem- ber of your immediate family if you are confined to a hospital which is located 150 kilometers or more from your normal place of residence. l Expenses incurred for the repatriation of your body in the event of an accident which has occurred more than 150 kilometers or more from your normal place of residence. l In the event of your death, reimbursement of post- secondary school level tuition expenses incurred for eligible dependants. l The cost of your participating in a formal rehabilita- tion program in order to again qualify for active em- ployment. l In the event of your death, the cost of formal occupa- tional training for your spouse ...
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Accidental Death and Dismemberment Insurance for Employees. 4.01 The Company will provide for eligible employees, without cost to them, Accidental Death and Dismemberment Insurance equal to the amount of Non-Contributory Life Insurance in effect for each employee under the provisions of ARTICLE III hereof. 4.02 Benefits will be paid for accidental loss of life, loss or loss of use of limbs and sight, caused by external, violent, and accidental means. The full principal sum to which an employee is entitled, will be paid for the accidental loss of or the loss of use of two hands or feet or sight of eyes or any two of them when loss occurs within three hundred and sixty-five (365) days of the date of the accident. One half the principal sum will be paid for the accidental loss of or the loss of use of one hand, one foot or the sight of one eye. 4.03 No A.D. & D. benefit is payable for a loss resulting from suicide, participation in a criminal offence, war or hostilities of any kind.
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Accidental Death and Dismemberment Insurance for Employees. 30.3.1 Effective on the ratification date: base salary times one. 30.3.2 In the event of the accidental death of an insured employee, the full amount of this insurance will become payable in addition to the Group Life Insurance specified in paragraph 30.2.1. 30.3.3 In the event of the accidental loss of one limb or the sight of one eye, half the amount of this insurance will become payable. In the event of the accidental loss of two limbs, the sight of both eyes (or one limb and the sight of one eye), the full amount of the Accidental Death and Dismemberment Insurance will become payable. However, the total payment of the Accidental Death and Dismemberment Insurance for all losses resulting from one accident may not exceed the maximum amount of the accident insurance.
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Accidental Death and Dismemberment Insurance for Employees. Effective May the accidental death and dismemberment insurance shall be Effective May the accidental death and dismemberment insurance shall be Effective May the accidental death and dismemberment insurance shall be The full amount of the accidental death and dismemberment insurance benefit shall be payable if an accident causes the loss of life and/or the loss or the loss of use of: both hands both feet the sight of both eyes one hand and one foot one hand and the sight of one eye one foot and the sight of one eye. One half of such amount shall be payable if an accident causes the loss of or loss of use of one hand, one foot or the sight of one eye provided, however, that the amount will be paid only once to or on account of any employee. The accidental death and dismemberment benefit shall be payable only when the death or dismemberment occurs within days of the accident.
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Accidental Death and Dismemberment Insurance for Employees. If, as a result of an accident, you suffer the loss of life, limbs, or sight, you will receive Accidental Death and Benefits up to the following maximum: (This is in addition to all other benefits.) Effective November (providing you are actively at work) Effective January (providing you are actively at work) Effective January (providing you are actively at work) **Employees absent due to illness or accident on the above effective dates will remain under the terms of the Plan in effect at the time disability commenced. The increased will become effective upon your return to active full-time employment. If your employment is terminated, your coverage will be cancelled as and from the date of termination. The full amount of your insurance will be paid if the acci- dent caused the loss of life, or both hands, or both feet, one (1) hand and one (1) foot, or one (1) foot, and the sight of one (1) eye, or the sight of both eyes. One-half of the amount of your insurance will be paid for the accidental loss of one (1) foot, or one (1) hand, or the sight of one (1) eye. One-quarter of the amount of your insurance will be paid for any accidental loss of both thumb and any finger of one
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Accidental Death and Dismemberment Insurance for Employees. If, as a result of an accident, you suffer the loss of life, limbs, or sight, you will receive Accidental Death and Dismem- berment Benefits up to the following maximum: (This is in addition to all other benefits.) Effective August (providing you are actively at work) Effective January I, (providing you are actively at work) **Employees absent due to illness or accident on the above effective dates will remain under the terms of the Plan in effect at the time disability commenced. The increased will become effective upon your return to active employment. If your employment is terminated, your coverage will be cancelled as and from the date of termination. The full amount of your insurance will be paid if the acci- dent caused the loss of life, or both hands, or both feet, or one hand and one (I) foot, or one foot, and the sight of one eye, or the sight of both eyes. of the amount of your insurance will be paid for the accidental loss of one (I) foot, or one (I) hand, or the sight of one eye. Onequarter of the amount of your insurance will be paid for any accidental loss of both thumb and any finger of one (I ) hand. losses must occur within three-hundred-sixty-five (365) days from the date of the accident and must be caused by external, violent or accidental means. This benefit is payable while you are disabled and unable to work due to sickness or accident which is not covered by Workers’ Compensation. Weekly Indemnity claims must be submitted within days of the onset of disability or declination by to be con- sidered for payment. To qualify for payment of Weekly Indemnity, you must be under the care and treatment of a physician or surgeon xx- xxxxx licensed to practice medicine:
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Accidental Death and Dismemberment Insurance for Employees. Accidental Death and Dismemberment Insurance provides benefits for your loss of life, limbs, or the entire and irrecovera- ble loss of sight. Benefits are payable if the loss is a direct result of bodily injury caused by an accident, and the loss is sustained within ninety days after the date of the accident. The full Principal Sum to which you are entitled in accord- ance with the Schedule of Insurance will be for the loss of: Life Both Hands Both One Hand and One Foot Hand and One Eye One and Eye Both One-half the Principal Sum will be paid loss of hand, loot or one eye. In no case will than Principal Sum be paid for all sustained through any the purpose this is to benefit\ for due to accidents. no benefits are paid on account loss caused or contributed to by: Bodily infirmity; ptomainea or Medical or surgical treatment (Unless made necessary an under the Plan); Suicide or intentionally injury; any of war. injury causing the must occur insurance is in pays you weekly for you from working result of a accidental bodily injury or disease. Your will on the first day to injury on fourth day of disability due to you arc to hospital. in which case your on first day of hospital An work for thirty continuous or more will only. benefits paid from first of disability. benefit is payable for maximum fifty-two weeks during any one period of disability. New employees during their first year of employment will be for equal to their of will not payable following the normal an employee. The amount of your weekly benefit is shown in the Schedule of Insurance. An employee. who is on active claim arising from a disability which occurred before the effective date of a nego- tiated wage rate increase and which continues thereafter, shall as from the effective date of the negotiated change be paid an increased weekly indemnity benefit in accordance with the for- mula. A daily rate of payment for each calendar day of absence that qualifies for payment shall be one-seventh of the weekly amount of disability benefit. All disability absences will be considered as having occurred during a single period of disability unless acceptable evidence is furnished that:
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Accidental Death and Dismemberment Insurance for Employees. If, as a result of an accident, you suffer the loss of life, limbs, or sight, you will receive Accidental Death and Dismem- berment Benefits up to the following maximum: (This is in addition to all other benefits.) Effective May (providing you are actively at work) Effective January (providing you are actively at work) Effective January (providing you are actively at work) **Employees absent due to illness or accident on the above effective dates will remain under the terms of the Plan in effect at the time disability commenced. The increased will become effective upon your return to active full-time employment. If your employment is terminated, your coverage will be cancelled as and from the date of termination. The full amount of your insurance will be paid if the acci- dent caused the loss of life, or both hands or both feet, or the sight of both eyes, or one hand and one foot, or one hand and the sight of one eye, or one foot and the sight of one eye, or hearing in both ears and speech, or use of both hands or use of both feet. Three quarters of the amount of your insurance will be paid if the accident caused the loss of one arm, or one leg, or the use of one arm or the use of one leg. Two thirds of the amount of your insurance will be paid if the accident caused the loss of one hand, or one foot, or the entire sight of one eye, or speech, or hearing in both ears, or use of one hand, or use of one foot. One third of the amount of your insurance will be paid if the accident caused the loss of one thumb and index finger, or at least four fingers of one hand. One quarter the amount of your insurance will be paid if the accident caused the loss of the hearing in one ear, or all toes on one foot. Twice the amount of your insurance will be paid if the ac- cident caused quadriplegia, or paraplegia, or hemiplegia. As a result of a covered accident you will be eligible to apply for the following benefits (subject to a maximum benefit payable): Hotel and travel expenses actually incurred by a mem- ber of your immediate family if you are confined to a hospital which is located kilometers or more from your normal place of residence. Expenses incurred for the repatriation of your body in the event of an accident which has occurred more than kilometers or more from your normal place of resi- dence. In the event of your death, reimbursement of school level tuition expenses incurred for eligi- ble dependants. The cost of your participating in a formal rehabilita- tion...
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Related to Accidental Death and Dismemberment Insurance for Employees

  • Accidental Death and Dismemberment Insurance The plan provides accidental death and dismemberment insurance coverage in an amount equal to your basic group life insurance (two times your current annual salary). Coverage is provided 24 hours per day, anywhere in the world, for any accident resulting in death, dismemberment, paralysis, loss of use, or loss of speech or hearing. If you sustain an injury caused by an accident occurring while the policy is in force which results in one of the following losses, within 365 days of the accident, the benefit shown will be paid to you. In the case of accidental death, the benefit will be paid to the beneficiary you have named to receive your group life insurance benefits. Benefits are payable in accordance with the following schedule: · Life · Both Hands or Both Feet · Entire Sight of Both Eyes · One Hand and One Foot · One Hand and Entire Sight of One Eye · One Foot and Entire Sight of One Eye · Speech and Hearing in Both Ears · Use of Both Arms or Both Legs or Both Hands · Quadriplegia (total paralysis of both upper and lower limbs) · Paraplegia (total paralysis of both lower limbs) · Hemiplegia (total paralysis of upper and lower limbs of one side of the body) · One Arm or One Leg · Use of One Arm or One Leg · One Hand or One Foot · Entire Sight of One Eye · Speech or Hearing in Both Ears · Use of One Hand or One Foot · Thumb and Index Finger of One Hand · Four Fingers of One Hand

  • Accidental Death and Dismemberment Coverage An employee may purchase accidental death and dismemberment coverage that provides principal sum benefits in amounts ranging from five thousand dollars ($5,000) to one hundred thousand dollars ($100,000). Payment is made only for accidental bodily injury or death and may vary, depending upon the extent of dismemberment. An employee may also purchase from five thousand dollars ($5,000) to twenty-five thousand dollars ($25,000) in coverage for his/her spouse, but not in excess of the amount carried by the employee.

  • 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.

  • Basic Life and Accidental Death and Dismemberment Coverage The Employer agrees to provide and pay for the following term life coverage and accidental death and dismemberment coverage for all employees eligible for an Employer Contribution, as described in Section 3. Any premium paid by the State in excess of fifty thousand dollars ($50,000) coverage is subject to a tax liability in accord with Internal Revenue Service regulations. An employee may decline coverage in excess of fifty thousand dollars ($50,000) by filing a waiver in accord with Minnesota Management & Budget procedures. The basic life insurance policy will include an accelerated benefits agreement providing for payment of benefits prior to death if the insured has a terminal condition. $10,000 - $15,000 $15,000 $15,000 $15,001 - $20,000 $20,000 $20,000 $20,001 - $25,000 $25,000 $25,000 $25,001 - $30,000 $30,000 $30,000 $30,001 - $35,000 $35,000 $35,000 $35,001 - $40,000 $40,000 $40,000 $40,001 - $45,000 $45,000 $45,000 $45,001 - $50,000 $50,000 $50,000 $50,001 - $55,000 $55,000 $55,000 $55,001 - $60,000 $60,000 $60,000 $60,001 - $65,000 $65,000 $65,000 $65,001 - $70,000 $70,000 $70,000 $70,001 - $75,000 $75,000 $75,000 $75,001 - $80,000 $80,000 $80,000 $80,001 - $85,000 $85,000 $85,000 $85,001 - $90,000 $90,000 $90,000 Over $90,000 $95,000 $95,000

  • 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).

  • Life and Disability Insurance The Company will provide term life and disability insurance payable to the Employee, in each case in an amount up to a maximum of one times the Employee’s base salary in effect from time to time, provided however, that such amount will be reduced by the amount of any life insurance or death or disability benefit coverage, as applicable, that is provided to the Employee under any other benefit plans or arrangements of the Company. Such policies will be in accordance with the Company’s standard policies from time to time with respect to such insurance and the rules established for individual participation in such plans and under applicable law.

  • Long Term Disability Insurance Plan The Employer shall provide a mutually acceptable long-term disability insurance plan, a copy of which shall appear in Appendix “A” – Long-Term Disability Insurance Plan. The plan shall provide post-probationary regular employees with salary continuation as per Appendix “A” until age sixty-five (65) in the event of a disability. The cost of the plan shall be borne by the Employer.

  • Optional Life and Disability Coverages In order for coverage to become effective, the employee must be in active payroll status and not using sick leave on the first day following approval by the insurance company. If it is an open enrollment period, coverage may be applied for but will not become effective until the first day of the employee's return to work.

  • Death and Disability (a) The Employment Term shall terminate on the date of Employee’s death, in which event the Company shall, within 30 days of the date of death, pay to his estate, Employee’s Base Salary, any unpaid bonus awards (including any bonus award for a plan year that has ended prior to the time employment terminated where the award was scheduled to be paid after the date employment terminated), reimbursable expenses and benefits owing to Employee through the date of Employee’s death together with any benefits payable under any life insurance program in which Employee is a participant. Except as otherwise contemplated by this Agreement, Employee’s estate will not be entitled to any other compensation upon termination of this Agreement pursuant to this subparagraph 8(a). (b) The Employment Term shall terminate upon Employee’s Disability. For purposes of this Agreement, “Disability” shall mean that Employee is unable to engage in any substantial gainful activity by reason of any medically determinable physical or mental impairment which can be expected to result in death or can be expected to last for a continuous period of not less than 12 months. For purposes of determining Employee’s Disability, the CEO may rely on a determination by the Social Security Administration that Employee is totally disabled or a determination by the Company’s disability insurance carrier that Employee has satisfied the above definition of Disability. In case of such termination, Employee shall be entitled to receive his Base Salary, any unpaid bonus awards (including any bonus award for a plan year that has ended prior to the time employment terminated where the award was scheduled to be paid after the date employment terminated), reimbursable expenses and benefits owing to Employee through the date of termination within 30 days of the date of the Company’s determination of Employee’s Disability, together with any benefits payable under any disability insurance program in which Employee is a participant. Except as otherwise contemplated by this Agreement, Employee will not be entitled to any other compensation upon termination of his employment pursuant to this subparagraph 8(b).

  • For death and disability The Company may also terminate the Employment, at any time, without notice or remuneration (unless notice or remuneration is specifically required by applicable law, in which case notice or remuneration will be provided in accordance with applicable law), if: (1) the Executive has died, or (2) the Executive has a disability which shall mean a physical or mental impairment which, as reasonably determined by the Board, renders the Executive unable to perform the essential functions of his employment with the Company, with or without reasonable accommodation, for more than 120 days in any 12-month period, unless a longer period is required by applicable law, in which case that longer period would apply. Upon termination for death or disability, the Executive shall be entitled to the amount of base salary earned and not paid prior to termination. However, the Executive will not be entitled to receive payment of any severance benefits or other amounts by reason of the termination, and the Executive’s right to all other benefits will terminate, except as required by any applicable law.

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