Amount of Life Insurance Sample Clauses

Amount of Life Insurance. The Board shall purchase from a carrier licensed by the State of Ohio, group life insurance for each bargaining unit member in the amount of $35,000 for secretaries, custodians, food service personnel and for those bargaining unit members other than bus drivers who regularly work either seven (7) or eight (8) hours a day, and bus drivers who regularly drive a double route. For bargaining unit members regularly performing their duties and taking less time than the above-stated, the District will provide $25,000 life insurance for those employed as of July 1, 1991, and $20,000 life insurance for those employed after July 1, 1991.
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Amount of Life Insurance. The amount of Life Insurance is the Benefit Amount shown in the Schedule according to the class of insurance to which the Insured Employee belongs and, if applicable, the Additional Insurance protection chosen by the Insured Employee. Reduction in Benefit Amounts will apply if stipulated in the Schedule. The amount of life insurance for an Insured Person whose coverage is extended under Section 5.1 Continuation of Coverage or Section 6 - Waiver of Premium due to disability of the Insured Employee is equal to the amount in force at the onset of the Insured Employee’s disability and is not changed while the coverage is extended under those sections except with regard to the reductions specified in the Schedule, if applicable.
Amount of Life Insurance. The amount of life insurance is the Benefit Amount shown in the Schedule according to the insurance classification to which the Insured Employee belongs and, if applicable, the Additional Insurance protection chosen by the Insured Employee, taking into consideration the reductions in Benefit Amounts stipulated in the Schedule, if applicable.
Amount of Life Insurance. Eligible employees as defined in Sections 32.1 and 32.2 may continue $5,000 of life insurance into retirement, which shall be paid by the University.
Amount of Life Insurance. The amount of Life Insurance is the Benefit Amount shown in the Schedule according to the class of insurance to which the Insured Employee belongs and, if applicable, the Additional Insurance protection chosen by the Insured Employee. Reduction in Benefit Amounts will apply if stipulated in the Schedule. The amount of Life Insurance for a disabled Insured Employee whose coverage is extended under Section 5.1 Continuation of Coverage or Section 6 - Waiver of Premium is equal to the amount in force at the onset of his disability and is not changed while the coverage is extended under those sections except with regard to the reductions specified in the Schedule, if applicable.
Amount of Life Insurance. The amount of Life Insurance is the Benefit Amount shown in the Schedule according to the class of insurance to which the Insured Dependents belongs and, if applicable, the Additional Insurance protection chosen by the Insured Employee. Reduction in Benefit Amounts will apply if stipulated in the Schedule. The amount of life insurance for an Insured Dependent whose coverage is extended under Section 5.1 Continuation of Coverage or Section 6 - Waiver of Premium due to disability of the Insured Employee is equal to the amount in force at the onset of his disability and is not changed while the coverage is extended under those sections. Reduction in Benefit Amounts will apply if stipulated in the Schedule.

Related to Amount of Life Insurance

  • Term Life Insurance The Employer will maintain and make available to full-time and part-time employees, the current term life insurance plan as set forth in the document "Summary of Health Benefits, Maryland State Employees."

  • Life Insurance No portion of your IRA may be invested in life insurance contracts.

  • Group Life Insurance The Hospital shall contribute one hundred percent (100%) toward the monthly premium of HOOGLIP or other equivalent group life insurance plan in effect for eligible full-time employees in the active employ of the Hospital on the eligibility conditions set out in the existing Agreements.

  • Group Term Life Insurance The School District will pay the full premium for each $1,000 of coverage for group term life insurance for all full-time teachers who qualify for and enroll in the existing group term life insurance plan of the School District. Full-time teachers who qualify and enroll will be insured with $50,000 of group term life insurance.

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