Basic Life Insurance Coverage Sample Clauses

Basic Life Insurance Coverage a. The County will cover 100% of employee-only coverage of $50,000.
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Basic Life Insurance Coverage. Should You decide to convert the ------------------------------ Company's basic group life insurance coverage to individual coverage or obtain other individual life insurance coverage upon the August 31, 2001 termination of Your employment, the Company will pay the difference in monthly premium cost between the previous basic life insurance group coverage and the individual coverage for a period of 18 months, at a cost not to exceed $18,000 (eighteen thousand dollars).

Related to Basic Life Insurance Coverage

  • Insurance Coverage The Company and each Subsidiary maintains in full force and effect insurance coverage that is customary for comparably situated companies for the business being conducted and properties owned or leased by the Company and each Subsidiary, and the Company reasonably believes such insurance coverage to be adequate against all liabilities, claims and risks against which it is customary for comparably situated companies to insure.

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

  • 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."

  • Key Man Life Insurance The Company may apply for and obtain and maintain a key man life insurance policy in the name of Executive together with other executives of the Company in an amount deemed sufficient by the Board, the beneficiary of which shall be the Company. Executive shall submit to physical examinations and answer reasonable questions in connection with the application and, if obtained, the maintenance of, as may be required, such insurance policy.

  • Group Insurance 38.01 The Group Insurance Plan presently in effect shall remain in effect during the term of this Agreement.

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