Basic Employee Life Insurance Sample Clauses

Basic Employee Life Insurance. The school district shall provide each eligible employee under this agreement with a group term life insurance policy in an amount representing two times the employee's base salary rounded to the nearest thousand dollars. The school district will pay the total premium for the life insurance for each eligible employee.
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Basic Employee Life Insurance. Effective September 1, 2012, the Board agrees to pay on behalf of all the Teachers, eighty percent (80%) of the premiums for the Basic Life Insurance Plan and Basic Dependent Life Insurance Plan.
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Basic Employee Life Insurance. Effective January 1, 2012, the employees covered by this Agreement shall be entitled to the same coverage for Basic Employee Life Insurance, including the same terms and conditions as offered to Non- Bargaining Unit Employees
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Basic Employee Life Insurance. 1. Xerox pays 100% of premium cost for term coverage for 1x pay.
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Related to Basic Employee Life Insurance

  • Retiree Life Insurance Employees who retire under the Monroe County Employees' Retirement System shall be eligible for $4,000.00 term life insurance. All employees hired by the Employer on or after October 1, 2007 shall not be eligible for Retiree Life Insurance.

  • Group Term Life Insurance The School District will pay the full premium for each $1,000 of coverage for group term life insurance. The amount of life insurance provided will be $20,000, subject to the conditions of the carrier.

  • 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.

  • Dependent Life Insurance In the event of the death of your spouse or dependent child from any cause whatsoever, while you and your dependents are insured under the plan, the insurance company will pay you $10,000 in respect of your spouse and $5,000 in respect of each insured dependent child. This applies to those employees with family health coverage only.

  • 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.

  • Optional Group Life Insurance Subject to the provisions of the Plan, eligible employees shall be entitled to purchase optional Group Life Insurance coverage in units of ten thousand dollars ($10,000) up to a maximum of two hundred and fifty thousand dollars ($250,000). The employee shall pay one hundred percent (100%) of the premiums for the optional coverage.

  • Group Life Insurance Plan Section 1 - Eligibility Regular full-time and regular part-time employees who are on staff January 1, 1979 or who join the staff following this date shall, upon completion of the three-month probationary period, become members of the Group Life Insurance Plan as a condition of employment.

  • Basic Life Insurance 37.1 The Employer shall pay one hundred percent (100%) of the monthly premium of the basic life insurance plan.

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