BENEFITS AFTER TERMINATION OF COVERAGE. A. When this Contract remains in effect but a Member’s coverage terminates for reasons other than those specified in General Provisions IV.E.
BENEFITS AFTER TERMINATION OF COVERAGE. 1. If a Member is continuously disabled on the day this Agreement is terminated by the Plan, benefits will be provided under the terms of this Agreement while the Member is so continuously disabled. For purposes of this Subsection, continuously disabled means that the Member is an Inpatient in a Facility Provider. Continuation of benefits under this Paragraph will not be provided if this Agreement is terminated by the Plan for fraud or intentional misrepresentation of a material fact. Benefits will be provided, for charges Incurred for the inpatient confinement, until the earlier of:
BENEFITS AFTER TERMINATION OF COVERAGE. If following termination you are interested in purchasing alternate coverage, our current insurance carrier offers a Group Conversion Program for employees who have recently left a Group Benefit Plan. The benefits available include: Extended Health benefits, prescription drugs, semi-private hospital and dental benefits.
BENEFITS AFTER TERMINATION OF COVERAGE. 1. If an Insured's coverage terminates for any reason, Benefits under this Contract shall cease as of the effective date and time of such termination. However, if the termination of coverage is caused by failure to pay premiums on behalf of the insured, a thirty-one day grace period will be observed on behalf of the plan. During this grace period, the policy shall remain in force.
BENEFITS AFTER TERMINATION OF COVERAGE. If following termination you are interested in purchasing alternate coverage, our current insurance carrier offers a Group Conversion Program for employees who have recently left a Group Benefit Plan. The benefits available include: Extended Health benefits, prescription drugs, semi-private hospital and Dental benefits. LIFE INSURANCE PLANS T he University’s Life Insurance plans provide life insurance on your life and on your dependent’s life payable to your beneficiary in the event of death. The plans available are: • Basic Life • Optional Life • Dependent Life BASIC LIFE If you are a Regular Full-Time employee eligible to be a member of the Professional & Managerial Association (PMA), you are eligible to participate in the following Life Insurance plans: PARTICIPATION IN THE PLAN • participation is compulsory • coverage is effective on the first day of your Regular Full-Time appointment COVERAGE AMOUNT The Basic Life Insurance plan provides coverage on your life based on two times your annual basic salary rounded to the next higher $1,000 with minimum coverage of $44,000. COST OF THE PLAN • the University pays the full cost of the first $25,000 of coverage As the University provides a Sick Leave Benefit that qualifies for a reduction in Employment Insurance Premiums, a portion of the reduction (5/12) is used to pay the cost of an additional amount of the Basic Life Insurance plan. Currently this reduction amount provides sufficient funding for an additional $19,000 of coverage. (For the most up-to-date additional amount of Basic Life being funded through this arrangement, refer to our web site or contact a Human Resources - Benefits Representative) • combined employer paid coverage $44,000 • the cost being paid by the University is a taxable benefit • you pay the remaining cost of the coverage (2 times your basic annual salary minus $44,000) LIFE INSURANCE PLANS • for a breakdown of the cost, refer to our web site or contact a Human Resources - Benefits Representative OPTIONAL LIFE PARTICIPATION IN THE PLAN • participation is optional • you are eligible to participate on the first day of your Regular Full-Time appointment, however, if you do not make an application within 31 days of first becoming eligible, evidence of health is required and is subject to approval by the insurance carrier • to increase optional life amounts, evidence of health may be required COVERAGE AMOUNT The Optional Life Insurance plan provides you with the opportunity to purchase a...
BENEFITS AFTER TERMINATION OF COVERAGE. If you are an inpatient on the day your coverage under this Program terminates, benefits of this Program will continue until the earliest of the following: Maximum benefits have been received; The inpatient stay ends; or You become covered for the condition for which you are receiving inpatient care under any other group coverage.
BENEFITS AFTER TERMINATION OF COVERAGE. 1. If an Insured's coverage terminates for any reason, Benefits under this Contract shall cease as of the effective date and time of such termination. However, if the termination of coverage is caused by failure to pay premiums on behalf of the Insured, a forty-five (45) day grace period will be observed on behalf of the plan. During this grace period, the Contract shall remain in force. If past due premiums are not paid within the forty-five (45) day grace period then the Insured’s coverage will be terminated with an effective date equal to their last premium “paid to” date. Any claims paid for service after the termination date will be pursued for refunds.
