Common use of Board-Provided Coverage for Term Life and Accidental Death and Dismemberment Insurance Clause in Contracts

Board-Provided Coverage for Term Life and Accidental Death and Dismemberment Insurance. The Board shall purchase group term life insurance in the face value amount of fifty thousand dollars ($50,000) plus an equal amount of accidental death and dismemberment coverage for each full time member of the Employee Unit now or hereinafter employed. The full cost of such insurance and any increases thereof shall be paid by the Board.

Board-Provided Coverage for Term Life and Accidental Death and Dismemberment Insurance. The Board shall purchase group term life insurance in the face value amount of fifty thousand dollars ($50,000) plus an equal amount of accidental death and dismemberment coverage for each full time member of the Employee Unit now or hereinafter employed. The full cost of such insurance and any increases thereof shall be paid by the Board.