Changes in Amounts of Insurance. If you become eligible for a different amount of insurance because your earnings change, the change in coverage will be made on the date of change in salary or, if you are not at work on that date, on the date you return to work. However, changes in amounts of Additional Life Insurance will be made on the first day of April coinciding with or next following such change. If You Leave Our Employ: Your group insurance will terminate if you leave our employ. You have the right to change your Life Insurance to an individual policy as described elsewhere in the booklet.
Appears in 4 contracts
Samples: Terms of Labour Agreement, Terms of Labour Agreement, Terms of Labour Agreement
Changes in Amounts of Insurance. If you become eligible for a different amount of insurance because your earnings change, the change in coverage will be made on the date of change in salary or, if you are not at work on that date, on the date you return to work. However, changes in amounts of Additional Life Insurance will be made on the first day of April coinciding with or next following such change. If You Leave Our Employ: Employ Your group insurance will terminate if you leave our employ. You have the right to change your Life Insurance to an individual policy as described elsewhere in the booklet.
Appears in 4 contracts
Samples: Terms of Labour Agreement, Terms of Labour Agreement, Terms of Labour Agreement
