Basic Group Life Insurance and Accidental Death and Dismemberment Sample Clauses

Basic Group Life Insurance and Accidental Death and Dismemberment. (a) Employees may select either $2,000 or $25,000.
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Basic Group Life Insurance and Accidental Death and Dismemberment. (a) (i) All members of the custodial and maintenance staff may select either $2,000 or $25,000 coverage.
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Basic Group Life Insurance and Accidental Death and Dismemberment. 1. Members may select either $2,000 or $25,000 coverage.
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Basic Group Life Insurance and Accidental Death and Dismemberment. The cost of the premium to be paid in the following manner: 95% by the Employer (pro-rated for part time employees) and 5% by the Employee. Basic Group Life shall be in an amount equivalent to either $2,000 or $25,000 A new employee must, as a condition of employment, become and remain a member of the Basic Group Life Insurance Plan. In addition to the basic group life insurance, Employees may have an optional amount of insurance in increments of $10,000; from $10,000 up to and including $250,000. Proof of insurability must be submitted to and approved by the insurer. There shall be Optional Dependent’s Group Life Insurance made available to provide - $10,000 – spouse, $5,000 – each dependent child. The Member shall pay the full premium cost for optional coverage.
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Basic Group Life Insurance and Accidental Death and Dismemberment. (a) Employees may select either $2,000 or $25,000. (b) The cost of the premium to be paid in the following manner: 90% by the Employer (*pro-rated where applicable) and 10% by the employee. (c) Every new employee is required to participate in this plan. *See Human Resources Procedures Manual. In addition to the basic group life insurance, Employees insured for $25,000 basic life insurance may have an optional amount of insurance in increments of $10,000; from $10,000 up to and including $210,000 in the 1992 Agreement period.
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Basic Group Life Insurance and Accidental Death and Dismemberment. (a) Employees may select either or The cost of the premium to be paid in the following manner: by the Employer (*pro-rated where applicable) and by the Employee. Effective September 1.2005: The cost of the premium is to be paid in the following manner: the lesser of as of the June rate the Member (pro-rated for ,part-time members) or of the rate on September the Member (pro-rated for part-time members) and the balance paid for the Board. Every new Employee is required to participate in this plan. In addition to the basic group life insurance, Employees insured for basic life insurance may have an optional amount of insurance in increments of $10,000; from up to and including Dental Pian
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Basic Group Life Insurance and Accidental Death and Dismemberment. 1. All members of the Secondary Teaching Staff under contract may select either $2,000 or $25,000 coverage. Effective September 1, 2013, all new members of the Secondary Teaching Staff under contract will have $25,000 coverage.
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Basic Group Life Insurance and Accidental Death and Dismemberment. All members of the Elementary Teaching Staff may select either or coverage. The cost of the premium to be paid in the following manner: Effective September 1,2000: by the District Board and by the Teacher (pro-rated for part-time Every new member of the District Board's Elementary Teaching Staff is required to participate in the above plan. Optional Group Life Insurance and Accidental Death and Dismemberment In addition to the basic group life insurance, employees insured for basic life insurance may have an optional amount of insurance in increments $10,000; from up to and including The premium cost of such optional coverage to be paid by the employee.
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Related to Basic Group Life Insurance and Accidental Death and Dismemberment

  • Group Life and Accidental Death and Dismemberment (a) The Employer will pay 100% of the premiums for the group life and accidental death and dismemberment insurance plans.

  • Basic Life and Accidental Death and Dismemberment Coverage The Employer agrees to provide and pay for the following term life coverage and accidental death and dismemberment coverage for all supervisors eligible for an Employer Contribution, as described in Section 3. Any premium paid by the State in excess of fifty thousand dollars ($50,000) coverage is subject to a tax liability in accord with Internal Revenue Service regulations. A supervisor may decline coverage in excess of fifty thousand dollars ($50,000) by filing a waiver in accord with Minnesota Management & Budget procedures. The basic life insurance policy will include an accelerated benefits agreement providing for payment of benefits prior to death if the insured has a terminal condition. Supervisors’ Annual Base Salary Group Life Insurance Coverage Accidental Death and Dismemberment Principal Sum $10,000 - $15,000 $15,000 $15,000 $15,001 - $20,000 $20,000 $20,000 $20,001 - $25,000 $25,000 $25,000 $25,001 - $30,000 $30,000 $30,000 $30,001 - $35,000 $35,000 $35,000 $35,001 - $40,000 $40,000 $40,000 $40,001 - $45,000 $45,000 $45,000 $45,001 - $50,000 $50,000 $50,000 $50,001 - $55,000 $55,000 $55,000 $55,001 - $60,000 $60,000 $60,000 $60,001 - $65,000 $65,000 $65,000 $65,001 - $70,000 $70,000 $70,000 $70,001 - $75,000 $75,000 $75,000 $75,001 - $80,000 $80,000 $80,000 $80,001 - $85,000 $85,000 $85,000 $85,001 - $90,000 $90,000 $90,000 Over $90,000 $95,000 $95,000

  • Accidental Death and Dismemberment Insurance The plan provides accidental death and dismemberment insurance coverage in an amount equal to your basic group life insurance (two times your current annual salary). Coverage is provided 24 hours per day, anywhere in the world, for any accident resulting in death, dismemberment, paralysis, loss of use, or loss of speech or hearing. If you sustain an injury caused by an accident occurring while the policy is in force which results in one of the following losses, within 365 days of the accident, the benefit shown will be paid to you. In the case of accidental death, the benefit will be paid to the beneficiary you have named to receive your group life insurance benefits. Benefits are payable in accordance with the following schedule: Schedule of Benefits 100% of Principal Sum For Loss of: · Life · Both Hands or Both Feet · Entire Sight of Both Eyes · One Hand and One Foot · One Hand and Entire Sight of One Eye · One Foot and Entire Sight of One Eye · Speech and Hearing in Both Ears · Use of Both Arms or Both Legs or Both Hands · Quadriplegia (total paralysis of both upper and lower limbs) · Paraplegia (total paralysis of both lower limbs) · Hemiplegia (total paralysis of upper and lower limbs of one side of the body) 75% of Principal Sum For Loss of: · One Arm or One Leg · Use of One Arm or One Leg 66 2/3% of Principal Sum For Loss of: · One Hand or One Foot · Entire Sight of One Eye · Speech or Hearing in Both Ears · Use of One Hand or One Foot 33 1/3% of Principal Sum of Loss of: · Thumb and Index Finger of One Hand · Four Fingers of One Hand

  • Accidental Death and Dismemberment The Employer agrees to provide all active full-time employees with Accidental Death and Dismemberment benefit coverage equal to one (1) times their annual earnings in case of accidental death. Coverage is also provided for other losses such as speech and hearing, use of arms and legs, etc.

  • Accidental Death & Dismemberment The Employer agrees to continue to make payroll deductions equivalent to the premiums for the current Accidental Death and Dismemberment Insurance Plan administered by the Union. All monies so deducted shall be remitted to the Union within fifteen (15) days of the end of the month in which the deductions were made along with a list of names of employees from whom the deductions were made.

  • DEATH AND DISABILITY (a) The Employment Term shall terminate on the date of Employee's death, in which event Employee's Salary, reimbursable expenses and benefits owing to Employee through the date of Employee's death shall be paid to his estate. Employee's estate will not be entitled to any other compensation upon termination of this Agreement pursuant to this subparagraph 8(a).

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