Common use of Death and Disablement Clause in Contracts

Death and Disablement. KiwiRail will arrange insurance cover to provide lump sum benefit payments of $250,000 on the death of employees (and scaled payments in the event of permanent disability) resulting from at work accidents. The premiums on this policy are to be paid by the employer and the employer receives the benefit payments, but agrees to forward all benefit payments received under the policy to the injured employee or in the case of the death of the employee to the employee's estate.

Appears in 10 contracts

Samples: Multi Employer Collective Agreement, Multi Employer Collective Agreement, Multi Employer Collective Agreement

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