AD& D Insurance Sample Clauses
The AD&D Insurance clause establishes the provision of Accidental Death and Dismemberment insurance coverage for individuals covered under the agreement. This clause typically outlines the circumstances under which benefits are paid, such as death or serious injury resulting from an accident, and may specify coverage limits, eligibility, and claim procedures. Its core function is to provide financial protection to beneficiaries in the event of accidental death or severe injury, thereby offering security and mitigating the financial impact of unforeseen accidents.
AD& D Insurance. Gen-Probe will obtain and pay for an AD&D insurance policy providing for a benefit to Executive (or his beneficiaries) of $400,000 (airplane) or $200,000 (automobile or walking) should Executive suffer accidental death or accidental disability during the term of this Agreement.
AD& D Insurance. The City agrees to provide Accidental Death and Dismemberment Insurance in the principal amount of $200,000 to officers while they are performing the Emergency Ordinance Demolition (E.O.D.) duties, Air Operations flights, SWAT call-out duties and Motorcycle enforcement duties.