Accidental Death or Dismemberment Insurance. 1) In addition to the above Group Term Life Insurance coverage the Welfare Plan will include Accidental Death Insurance as outlined in the Table on a twenty- four (24) hour coverage basis. Accidental Death and Dismemberment Coverage Schedule to reflect current insurance carriers benefit levels. The coverage for Group Life Insurance and AD&D Insurance will be adjusted in each year of the agreement consistent with the percentage increase in general wage rates. October 3, 2010 $92,768 $92,768 October 3, 2011 $96,479 $96,479 October 3, 2012 $98,408 $98,408 December 22, 2013 $100,376 $100,376 December 21, 2014 $102,885 $102,885 December 20, 2015 $105,972 $105,972 December 18, 2016 $108,091 $108,091 December 17, 2017 $110,253 $110,253 December 16, 2018 $112,458 $112.458 December 15, 2019 $114,707 $114,707 December 27, 2020 $117,001 $117,001 2) Dismemberment Insurance benefits of the Welfare Plan will be in accordance with the schedules offered by the particular carrier involved, such coverage to be on a twenty-four (24) hour basis. 3) Coverage for quadriplegia, paraplegia, and hemiplegia will be at 200%.
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Samples: Labour Agreement, Labour Agreement, Labour Agreement