Common use of Business Travel Accident Clause in Contracts

Business Travel Accident. The Employer shall maintain a Master Insurance Policy for all employees covered by this Agreement that provides insurance coverage at ten (10) times regular annual salary rounded out to the next highest one thousand dollars ($1,000) up to a ,maximum principal sum of five hundred thousand dollars ($500,000) in the event of accidental death, or dismemberment, resulting from injury occurring while travelling on College business. The total premium cost of this policy shall be paid by the Employer.

Appears in 2 contracts

Samples: Collective Agreement, Collective Agreement

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Business Travel Accident. The Employer shall maintain a Master Insurance Policy for all employees covered by this Agreement that provides insurance coverage at ten (10) times regular annual salary rounded out to the next highest one thousand dollars ($1,000) up to a ,maximum principal sum of five hundred thousand dollars ($500,000) in the event of accidental death, or dismemberment, resulting from injury occurring while DocuSign Envelope ID: C2E84472-92BD-4833-9985-45116849B7AA travelling on College business. The total premium cost of this policy shall be paid by the Employer.

Appears in 1 contract

Samples: Collective Agreement

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Business Travel Accident. The Employer shall maintain a Master Insurance Policy for all employees covered by this Agreement that provides insurance coverage at ten (10) times regular annual salary rounded out to the next highest one thousand dollars ($1,000) up to a ,maximum principal sum of five hundred thousand dollars ($500,000) in the event of accidental death, or dismemberment, resulting from injury occurring while travelling on College business. The total premium cost of this policy shall be paid by the Employer.

Appears in 1 contract

Samples: Collective Agreement

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