Common use of Conditions and Limitations on Benefits Clause in Contracts

Conditions and Limitations on Benefits. a. An employee eligible to elect life insurance coverage must elect the maximum amount to which he/she is entitled to under subsection l., above. b. Life insurance benefits payable under any State or Federal law to the beneficiary of an employee as a result of the employee' s employment with the City shall operate to reduce benefits payable under the terms of this Article by an amount equivalent to such State of Federal benefits. c. The life insurance benefits provided hereunder shall only cover employees while they are in active service. d. The terms and conditions for receipt of the life insurance benefits provided hereunder shall be as provided for either in the contract between the City and the carrier providing the benefits or, if the City elects to provide these benefits on a self-insured basis, by the City.

Conditions and Limitations on Benefits. a. An employee eligible to elect life insurance coverage must elect the maximum amount to which he/she is entitled to under subsection l.1., above. b. Life insurance benefits payable under any State or of Federal law to the beneficiary of an employee as a result of the employee' s 's employment with the City shall operate to reduce benefits payable under the terms of this Article paragraph by an amount equivalent to such State of or Federal benefits. c. The life insurance benefits provided hereunder herein shall only cover employees while they are in active service. d. The terms and conditions for receipt of the life insurance benefits provided hereunder herein shall be as provided for either in the contract between the City and the carrier providing the benefits or, if the City elects to provide these benefits on a self-insured basis, by the City.

Conditions and Limitations on Benefits. a. An employee eligible to elect life insurance coverage must elect the maximum amount to which he/she is entitled to under subsection l.1., above. b. Life insurance benefits payable under any State or of Federal law to the beneficiary of an employee as a result of the employee' s employment with the City shall operate to reduce benefits payable under the terms of this Article paragraph by an amount equivalent to such State of or Federal benefits. c. The life insurance benefits provided hereunder herein shall only cover employees while they are in active service. d. The terms and conditions for receipt of the life insurance benefits provided hereunder herein shall be as provided for either in the contract between the City and the carrier providing the benefits or, if the City elects to provide these benefits on a self-insured basis, by the City.