Additional Optional Term Life. Optional term life insurance is available in an amount up to one hundred twenty thousand dollars ($120,000) at the bargaining unit member's expense through payroll deduction at rates established for the bargaining unit member's specific age group. Optional term life insurance will require evidence of insurability and may be obtained only during regularly established enrollment periods. Coverage shall be reduced beginning at age sixty-five
Additional Optional Term Life. Optional term life insurance is available in an amount up to $120,000 at the faculty member's expense through payroll deduction at rates established for the faculty member's specific age group. Optional term life insurance will require evidence of insurability and may be obtained only during regularly established enrollment periods. Coverage shall be reduced beginning at age 65, for College provided and optional life insurance, according to the following table:
Additional Optional Term Life. I Optional term life insurance is available in an amount up to $120,000 at the union member's expense through payroll deduction at rates established for the union member's specific age group. Optional term life insurance will require evidence of insurability and may be obtained only during regularly established enrollment periods. I Coverage shall be reduced beginning at age 65 according to the following table: I 65 - 69 60% 70 - 74 40% 75 - 79 250/0 80 and older 150/0 Percent of Age 64 Benefit I I 11 I I I I
