Common use of Cancellation of Insurance Coverage Clause in Contracts

Cancellation of Insurance Coverage. In the event an employee is terminated, goes on an unpaid leave or resigns during the school year, the insurance shall be canceled at the end of the month the teacher resigns or goes on unpaid leave. A teacher may elect to continue fringe benefit coverage at the group rate to the extent allowable by the carrier. An employee who completes his/her contractual obligation shall be entitled to a full twelve (12) months coverage.

Cancellation of Insurance Coverage. In the event an employee is terminated, goes on an unpaid leave or resigns during the school year, the insurance shall be canceled continued until the employee has received the pro-rata portion of the twelve (12)-month insurance year earned at the end time of the month the teacher resigns termination or goes on unpaid leaveresignation. A teacher may elect to continue fringe benefit coverage at the group rate to the extent allowable by the carrier. An employee who completes his/her contractual obligation shall be entitled to a full twelve (12) months coverage.

Cancellation of Insurance Coverage. In the event an employee is terminated, goes on an unpaid leave or resigns during the school year, the insurance shall be canceled continued until the employee has received the pro-rata portion of the twelve (12)- month insurance year earned at the end time of the month the teacher resigns termination or goes on unpaid leaveresignation. A teacher may elect to continue fringe benefit coverage at the group rate to the extent allowable by the carrier. An employee who completes his/her contractual obligation shall be entitled to a full twelve (12) months coverage.