Common use of Benefit Protection Clause in Contracts

Benefit Protection. 22.01 A group term death benefit in the amount of $50,000 will be carried on all teachers. The death benefit will have an accidental death or dismemberment rider and a waiver of premium rider. 22.02 The group term death benefit will begin with the next enrollment period of the benefit carrier, when the teacher has: 1) properly completed the necessary forms, and 2) actually begins employment. Such benefit will terminate when the teacher terminated his/her employment. By October 1st of each year, the Board will prepare and forward to the Association a list of teachers not covered.

Benefit Protection. 22.01 25.01. A group term death benefit in the amount of $50,000 will be carried on all teachers. The death benefit will have an accidental death or dismemberment rider and a waiver of premium rider. 22.02 25.02. The group term death benefit will begin with the next enrollment period of the benefit carrier, when the teacher has: 1) properly completed the necessary forms, and 2) actually begins employment. Such benefit will terminate when the teacher terminated his/her employment. By October 1st of each year, the Board will prepare and forward to the Association a list of teachers not covered.

Benefit Protection. 22.01 25.01 A group term death benefit in the amount of $50,000 will be carried on all teachers. The death benefit will have an accidental death or dismemberment rider and a waiver of premium rider. 22.02 25.02 The group term death benefit will begin with the next enrollment period of the benefit carrier, when the teacher has: 1) properly completed the necessary forms, and 2) actually begins employment. Such benefit will terminate when the teacher terminated his/her employment. By October 1st of each year, the Board will prepare and forward to the Association a list of teachers not covered.