Common use of Additional Life Insurance Clause in Contracts

Additional Life Insurance. Classified employees may elect to buy additional group term life insurance in addition to that provided in article 17.3(A) and (B). The parties shall provide opportunity for individuals to purchase additional term life insurance in the maximum amount permitted by the carrier. To the extent possible coverage shall be offered to the employee without need of physical exams. This additional insurance shall be paid through payroll deduction at the same rate as the Board pays for coverage in 17.3(A) and (B). Election of this additional coverage or deletion of this additional coverage shall be made each year only during the month of October with an effective date of the following January 1.