Accidental Death Benefit Insurance. The intention of the Parties is to cap the cost of the above insurances, however this agreed rate may be subject to market conditions. Where there is an increase to the agreed rate, the Employer can seek an alternate insurance policy provided such insurance provides benefits no less than that provided in this clause.
Accidental Death Benefit Insurance. The Employer must insure each Employee for Accidental Death Benefit Insurance providing financial compensation in the event of a work-related accident resulting in death of the Employee or permanent and total disablement.
Accidental Death Benefit Insurance. If you suffer, directly and independently of all other causes, any accidental bodily injury which results in any of the specified losses described in the attached benefit schedule within one hundred eighty (180) days after the date of the accident causing the loss, the Insurer shall pay the indemnities equal to 100% of the Gross Contract Price. This insurance coverage shall terminate after 20 years from the Effective Date or upon your attainment of age 65, whichever comes first.
