Common use of Basic and Supplemental Life Insurance Clause in Contracts

Basic and Supplemental Life Insurance. 30.3.1 For employees who are granted military leaves of absence, the Company will continue the amount of basic and supplemental life insurance in effect on the last day worked for a maximum period of thirty (30) days. During this period, employees on military leave of absence receiving supplemental life insurance coverage will be responsible for continued payment of the supplemental life insurance premium contributions on the same basis as an active employee. At the end of this thirty (30) days or at the termination of the military leave of absence (whichever is earlier), the basic and supplemental life insurance will terminate.