Basic Life Sample Clauses

Basic Life. If an employee is not actively at work on the initial effective date of coverage, coverage will be effective on the first day of the employee’s return to work. The effective date of a change in coverage is not delayed in the event that, on the date the coverage change would be effective, an employee is on an unpaid leave of absence or layoff.
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Basic Life. 32.9.1 The Employer shall pay one hundred percent (100%) of the monthly premium of the Basic Life plan. 32.9.2 The Basic Life Insurance Plan shall provide: (a) coverage of ten thousand dollars ($10,000) during the period of employment, (b) a conversion option on termination of insurance coverage may be exercised without evidence of insurability and providing coverage up to the amount for which the employee was insured prior to termination (less the amount of coverage provided by the Employer in the case of retirement). The premium of such policy shall be at the current rates of the insuring company. Application must be made within thirty-one (31) days of the date of termination of insurance. The Employer will advise terminating employees of this conversion privilege. The minimum amount that may be converted is two thousand dollars ($2,000). The conversion options shall be: 1. Any standard life or endowment plans (without disability or double- indemnity benefits) issued by the insurance carrier. 2. A one (1) year term insurance plan which is convertible to the standard life or endowment plans referred to in option 1, above. 3. A term to age sixty-five (65) insurance plan.
Basic Life. If a supervisor is not actively at work on the initial effective date of coverage, coverage will be effective on the first day of the supervisor’s return to work. The effective date of a change in coverage is not delayed in the event that, on the date the coverage change would be effective, a supervisor is on an unpaid leave of absence or layoff.
Basic Life. If an ASF Member is not actively at work on the initial effective date of coverage, coverage will be effective on the first day of the ASF Member’s return to work. The effective date of a change in coverage is not delayed in the event that, on the date the coverage would be effective, an ASF Member is on an unpaid leave of absence or layoff.
Basic Life. If a faculty member is not actively at work on the initial effective date of coverage, coverage will be effective on the first day of the faculty member’s return to work. The effective date of a change in coverage is not delayed in the event that, on the date the coverage change would be effective, a faculty member is on an unpaid leave of absence or layoff.
Basic Life. If a teacher is not actively at work on the initial effective date of coverage, coverage will be effective on the first day of the teacher’s return to work. The effective date of a change in coverage is not delayed in the event that, on the date the coverage change would be effective, a teacher is on an unpaid leave of absence or layoff.
Basic Life. If a nurse is not actively at work on the initial effective date of coverage, coverage will be effective on the first day of the nurse’s return to work. The effective date of a change in coverage is not delayed in the event that, on the date the coverage change would be effective, a nurse is on an unpaid leave of absence or layoff.
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Basic Life. Life Insurance Benefits until 65 is an amount equal to two (2) times your annual base salary in the event of death from any cause.
Basic Life. If an employee is not actively at work on the initial effective date of 22 coverage, coverage will be effective on the first day of the employee’s return to work.
Basic Life. 32.9.1 The Employer shall pay one hundred percent (100%) of the monthly premium of the Basic Life plan. 32.9.2 The Basic Life Insurance Plan shall provide: (a) coverage of five thousand dollars ($5,000) during the period of employment, (b) a conversion option on termination of insurance coverage may be exercised without evidence of insurability and providing coverage up to the amount for which the employee was insured prior to termination (less the amount of coverage provided by the Employer in the case of retirement). The premium of such policy shall be at the current rates of the insuring company. Application must be made within thirty-one
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