Dependent Life. An employee may enroll legal spouse and/or eligible children in a dependent life insurance plan. Dependent children must be unmarried and between the ages of 14 days and 23 years. The age ceiling under the optional life insurance plan shall not apply to dependents who are documented as being incapacitated by a physical or mental impairment, provided coverage does not terminate for any other reason. (1) Employee pays one hundred percent (100%) of premium for optional dependent coverage via payroll deduction. (2) Employee may choose between seven (7) levels of dependent coverage: (a) Level one insures spouse for $1,500 and children from age 15 days to 23 years for $1,000. (b) Level two insures spouse for $5,000 and children from age 15 days to 23 years for $2,500. (c) Level three insures spouse for $10,000 and children from age 15 days to 23 years for $5,000. (d) Level four insures spouse for $25,000 and children from age 15 days to 23 years for $10,000. (e) Level five insures children only from age 15 days to 23 years for $10,000. (f) Level six insures spouse for $50,000 and children from age 15 days to 23 years for $15,000. (g) Level seven insures children from age 15 days to 23 years for $15,000.
Appears in 6 contracts
Samples: Collective Bargaining Agreement, Collective Bargaining Agreement, Labor Agreement
Dependent Life. An employee may enroll legal spouse and/or eligible children in a dependent life insurance plan. Dependent children must be unmarried and between the ages of 14 days and 23 years. The age ceiling under the optional life insurance plan shall not apply to dependents who are documented as being incapacitated by a physical or mental impairment, provided coverage does not terminate for any other reason.
(1) Employee pays one hundred percent (100%) of premium for optional dependent coverage via payroll deduction.
(2) Employee may choose between seven (7) levels of dependent coverage:
(a) Level one insures spouse for $1,500 and children from age 15 days to 23 years for $1,000.
(b) Level two insures spouse for $5,000 and children from age 15 days to 23 years for $2,500.
(c) Level three insures spouse for $10,000 and children from age 15 days to 23 years for $5,000.
(d) Level four insures spouse for $25,000 and children from age 15 days to 23 years for $10,000.
(e) Level five insures children only from age 15 days to 23 years for $10,000.for
(f) Level six insures spouse for $50,000 and children from age 15 days to 23 years for $15,000.
(g) Level seven insures children from age 15 days to 23 years for $15,000.
Appears in 2 contracts
Dependent Life. An employee may enroll legal spouse and/or eligible children in a dependent life insurance plan. Dependent children must be unmarried and between the ages of 14 days and 23 years. The age ceiling under the optional life insurance plan shall not apply to dependents who are documented as being incapacitated by a physical or mental impairment, provided coverage does not terminate for any other reason.
(1) Employee pays one hundred percent (100%) of premium for optional dependent coverage via payroll deduction.
(2) Employee may choose between seven (7) levels of dependent coverage:
(a) Level one insures spouse for $1,500 and children from age 15 days to 23 years for $1,000.
(b) Level two insures spouse for $5,000 and children from age 15 days to 23 years for $2,500.
(c) Level three insures spouse for $10,000 and children from age 15 days to 23 years for $5,000.
(d) Level four insures spouse for $25,000 and children from age 15 days to 23 years for $10,000.
(e) Level five insures children only from age 15 days to 23 years for $10,000.for
(f) Level six insures spouse for $50,000 and children from age 15 days to 23 years for $15,000.
(g) Level seven insures children from age 15 days to 23 years for $15,000.for
Appears in 1 contract
Samples: Collective Bargaining Agreement
