Board Paid Insurance Sample Clauses

Board Paid Insurance. The Board shall pay the cost of each teacher’s coverage to a limit of Seven Hundred Thirty Five Dollars ($735.00) per month for group major medical/hospitalization insurance.
AutoNDA by SimpleDocs
Board Paid Insurance. As part of the salary schedule, the Board paid insurance will be as follows (not to exceed the actual cost of coverage): 2016-2017 $380 per month 2017-2018 $390 per month 2018-2019 $400 per month Patient Protection and Affordable Care Act: If at any time during the term of this agreement, a change in federal or state laws or regulations becomes effective which affects the cost of availability of any of the employee benefits offered under this agreement, the parties agree to reopen the agreement for the express limited purpose of renegotiating the affected provisions. This paragraph in no way waives any other right, obligation or duty to bargain that may exist.
Board Paid Insurance. For the 2007-2008 school year, the Board shall pay the cost of each teacher's coverage to a limit of Six Hundred Seven Dollars ($607.00) per month; for the 2008-2009 school year, the Board shall pay the cost of each teacher’s coverage to a limit of Six Hundred Sixty Eight Dollars ($668.00) per month and for the 2009-2010 school year, the Board shall pay the cost of each teacher’s coverage to a limit of Seven Hundred Thirty Five Dollars ($735.00) per month if and when an insurance rate increase goes into effect during the life of this Agreement for group major medical/hospitalization insurance.
Board Paid Insurance. The Board of Education will pay 9/10 month, full-time and 12-month full-time employees’ single health and dental insurance for all employees hired before the ratification of the 1993 Negotiated Agreement. For anyone hired after the ratification of the 1993 Negotiated Agreement, the costs of the hospital- medical-surgical insurance are shared through the Board and employee contribution. The Board will pay the premium percentages noted below (indexed to the lowest cost PPO plan available) toward medical insurance per individual member. Single Coverage 85% 85% 85% 80% “Single Plus One” Coverage 55% 65% 70% 80% Family Coverage 50% 60% 70% 80% The Board of Education will pay 100% of 9-10 month full-time and 12-month full-time employees’ life and accidental death and dismemberment insurance policy. The life insurance policy shall be for a minimum $10,000, or the equivalent of the employee’s annual salary, with the option for the employee to purchase up to 4 times their annual salary, at the employees’ cost. The insurance premium paid will be for the policy the Board elects to have in force.
Board Paid Insurance 

Related to Board Paid Insurance

  • Insurance The Company and the Subsidiaries are insured by insurers of recognized financial responsibility against such losses and risks and in such amounts as are prudent and customary in the businesses in which the Company and the Subsidiaries are engaged, including, but not limited to, directors and officers insurance coverage. Neither the Company nor any Subsidiary has any reason to believe that it will not be able to renew its existing insurance coverage as and when such coverage expires or to obtain similar coverage from similar insurers as may be necessary to continue its business without a significant increase in cost.

  • Insurance Policies Insurance required herein shall be by companies duly licensed or admitted to transact business in the state where the Premises are located, and maintaining during the policy term a "General Policyholders Rating" of at least B+, V, as set forth in the most current issue of "Best's Insurance Guide", or such other rating as may be required by a Lender. Lessee shall not do or permit to be done anything which invalidates the required insurance policies. Lessee shall, prior to the Start Date, deliver to Lessor certified copies of policies of such insurance or certificates evidencing the existence and amounts of the required insurance. No such policy shall be cancelable or subject to modification except after thirty (30) days prior written notice to Lessor. Lessee shall, at least thirty (30) days prior to the expiration of such policies, furnish Lessor with evidence of renewals or "insurance binders" evidencing renewal thereof, or Lessor may order such insurance and charge the cost thereof to Lessee, which amount shall be payable by Lessee to Lessor upon demand. Such policies shall be for a term of at least one year, or the length of the remaining term of this Lease, whichever is less. If either Party shall fail to procure and maintain the insurance required to be carried by it, the other Party may, but shall not be required to, procure and maintain the same.

  • Errors and Omissions, Professional Liability or Malpractice Insurance Contractor may be required to carry errors and omissions, professional liability or malpractice insurance. All policies shall remain in force through the life of this Contract and shall be payable on a "per occurrence" basis unless County specifically consents to a "claims made" basis. The insurer shall supply County adequate proof of insurance and/or a certificate of insurance evidencing coverages and limits prior to commencement of work. Should any of the required insurance policies in this Contract be cancelled or non-renewed, it is the Contractor’s duty to notify the County immediately upon receipt of the notice of cancellation or non-renewal. If Contractor does not carry a required insurance coverage and/or does not meet the required limits, the coverage limits and deductibles shall be set forth on a waiver, Exhibit C, attached hereto. Failure to provide and maintain the insurance required by this Contract will constitute a material breach of this Contract. In addition to any other available remedies, County may suspend payment to the Contractor for any services provided during any time that insurance was not in effect and until such time as the Contractor provides adequate evidence that Contractor has obtained the required coverage.

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!