Basic Plan Life Insurance Sample Clauses

Basic Plan Life Insurance. 17.1 The Board will pay 100% of the premium for $15,000 life insurance. Optional Plan Life Insurance
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Basic Plan Life Insurance. The Board will pay one hundred percent (100%) of the premium for fifteen thousand dollars ($15,000) life insurance. For active employees, additional life insurance (optional) can be purchased in multiples of basic annual earnings. Minimum coverage is for 1x’s the employee’s basic annual earnings and maximum coverage is 10x’s the employee’s basic annual earnings up to $1,000,000. Optional life insurance coverage shall be available to employees by payroll deduction.
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Basic Plan Life Insurance. The Board shall pay one hundred percent (100%) of the premiums for fifteen thousand dollars ($15,000) Life Insurance for all full-time nurses.
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Related to Basic Plan Life Insurance

  • 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.

  • 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."

  • 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.

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