DEBT PROTECTION PLAN Sample Clauses

DEBT PROTECTION PLAN. Your purchase of the Debt Protection Plan (“Plan”) is optional. Whether or not you purchase this protection will not affect your application for credit or the terms of any existing credit agreement you have with PenFed. If you do purchase Debt Protection you may cancel it at any time by notifying us in writing. You understand that you may rescind this plan within 30 days after the date your Debt Protection becomes effective. If you rescind, any premiums you have already paid will be credited to your account. We can terminate this Agreement by giving you notice at least 30 days in advance of the termination. The premium, method of calculation and assessment are subject to change. If these terms change we will provide written notice before the change goes into effect. Premiums will accrue on a daily basis and will be billed to your account monthly. Complete details of this optional Debt Protection are included in The Debt Protection Plan Program Agreement which you will receive upon enrollment.
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DEBT PROTECTION PLAN. Your purchase of the Debt Pro- tection Plan (“Plan”) is optional. Whether or not you purchase this protection will not affect your application for credit or the terms of any existing credit agreement you have with PenFed. If you do purchase Debt Protection you may cancel it at any time by notifying us in writing. You understand that you may rescind this plan within 30 days after the date your Debt Protec- tion becomes effective. If you rescind, any premiums you have already paid will be credited to your account. We can terminate this Agreement by giving you notice at least 30 days in advance of the termination. The premium, method of calculation and as- sessment are subject to change. If these terms change we will provide written notice before the change goes into effect. Pre- miums will accrue on a daily basis and will be billed to your account monthly. Complete details of this optional Debt Protec- tion are included in The Debt Protection Plan Program Agree- ment which you will receive upon enrollment.
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DEBT PROTECTION PLAN. 2 explained • The benefit protects you and your family in the event of your death or permanent disability from the outstanding balance of your personal kulula credit card or the specified maximum amount as stated in the table below, whichever is the lesser, at the time of the event. In the event of temporary disability or retrenchment, we will pay the minimum monthly instalment for up to 6 (six) months as per your monthly statements. The risk benefit cover will end on your 70th birthday. This benefit is also subject to the exclusions as contained in the Debt Protection Plan Policy brochure terms and conditions. However, should your account not be in good standing at the time of the event, no benefit • will be paid out to you. The benefits are outlined below: Debt Protection Plan Death Permanent Disability Temporary Disability Retrenchment Plan 2 ✓ ✓ ✓ ✓
Sample 1
DEBT PROTECTION PLAN. Your purchase of the Debt Pro- tection Plan (“Plan”) is optional. Whether or not you purchase
Sample 1
DEBT PROTECTION PLAN. Your purchase of the Debt Protection Plan (“Plan”) is optional. Whether or not you purchase this protection will not affect your applica- tion for credit or the terms of any existing credit agreement you have with PenFed. If you do purchase Debt Protection you may cancel it at any time by notifying us in writing. You understand that you may rescind this plan within 30 days after the date your Debt Protection becomes effective. If you rescind, any premiums you have already paid will be credited to your account. We can terminate this Agreement by giving you notice at least 30 days in advance of the termi- nation. The premium, method of calculation and assessment are subject to change. If these terms change we will provide written notice before the change goes into effect. Premi- ums will accrue on a daily basis and will be billed to your account monthly. Complete details of this optional Debt Protection are included in The Debt Protection Plan Pro- gram Agreement which you will receive upon enrollment.
Sample 1

Related to DEBT PROTECTION PLAN

  • Benefit Protection Plan For employees who have approved disability claims (excluding those for work-related injuries) under the City's Flex disability insurance carrier, management shall continue the City's medical, dental, and basic life insurance plan subsidies for a maximum of two years or at the close of claim, whichever is less. Employees must have been enrolled in a Flex medical, dental and/or basic life plan prior to the beginning of the disability leave. Coverage in this program will end if the employee retires (service or disability) or leaves City service for any reason.

  • Income Protection Plan 7.2.1 (a) All employees w ho are unable to perform their duties due to an illness or injury, other than one for w hich Workplace Safety and Insurance benefits are payable, shall be entitled to income protection in accordance w ith the follow ing schedule: Length of Service Full Salary 2/3' s Salary (Weeks) (Weeks) 3 months but less than 6 months 1 1 6 months but less than 12 months1 16 1 year but less than 2 years 2 15 2 years but less than 3 years 3 14 3 years but less than 4 years 4 13 4 years but less than 5 years 5 12 5 years but less than 6 years 7 10 6 years but less than 7 years 9 8 7 years but less than 8 years 11 6 8 years but less than 9 years 13 4 9 years but less than 10 years 15 2

  • Overdraft Protection Plan If we approve your request for overdraft protection, we will provide an overdraft protection plan for you. We will honor drafts drawn on insufficient funds in any checking account by transferring the funds from a deposit or loan account to your checking account. If you elect to have transfers to checking, funds will be transferred in the amount necessary to clear the overdrawn item. The fee for overdraft transfers and copies of checks is set forth on the Business Services Fee Schedule. Transfers from a deposit account will be governed by this Agreement. Transfers from your line of credit account will be governed by the applicable loan agreement.

  • Staff Protection A. The District shall protect certificated employees acting within the scope of their employment by purchasing liability insurance in the amount of at least five million dollars ($5,000,000) per occurrence, and the District shall include the certificated employees as named insured under the liability insurance and errors and omissions policy of the school district.

  • – DISABILITY INCOME PROTECTION PLAN 14.01 Income protection is payable when a full-time employee is absent from work due to legitimate personal illness or injury which is not compensable under the Workplace Safety and Insurance Act. It is understood that payment of income protection is for the sole and only purpose of protecting employees against the loss of income during time of such illness. Seniority and service will accrue and the Employer shall continue to pay its share of the premium for the benefit plans during the period of the income protection noted in this provision.

  • Income Protection All workers will be covered by the extended Incolink Leisure Time Insurance and Income protection Scheme which provides defined weekly payments ($500 per week to workers with dependants, $400 per week to workers without dependants) for up to a maximum 104 weeks in the event of an extended work absence arising from any personal illness or injury (whether or not work related). The costs of this benefit will be shared between Incolink and the company on a 30/70 basis. Agreed premium costs will be: Incolink - $2.10 per week/worker Employer - $4.90 per week/worker It is a condition of the company’s agreement to provide this benefit that premium costs be maintained at not more than the February 1998 equivalent. In the event of premium costs escalating, the parties are agreed that the benefits table will be revised downwards so as to contain premium costs within the agreed limits. To maintain this cover the company agrees to pay the amounts every week for each employee. In the event the company does not maintain the above policy, the company will be liable in full to pay equivalent benefits to an employee who meets eligibility criteria as set out in the policy document.

  • Meadow Protection Reasonable care shall be taken to avoid damage to the cover, soil, and wa- ter in xxxxxxx shown on Sale Area Map. Vehicular or skidding equipment shall not be used on xxxxxxx, ex- cept where roads, landings, and tractor roads are ap- proved under B5.1 or B6.422. Unless otherwise agreed, trees felled into xxxxxxx shall be removed by endlining. Resulting logging slash shall be removed where neces- sary to protect cover, soil, and water.

  • Employment Protection Provisions 9.1.1 ‘Restructuring’ is given the same definition as in section 69OI of the Employment Relations Act 2000 and includes:

  • Whistle Blowing Protection The Employer agrees to adhere to the whistle blowing protection pursuant to the Long-Term Care Homes Act (LTCHA).

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