Common use of Election To Continue Coverage Clause in Contracts

Election To Continue Coverage. The election to continue coverage must be made within sixty (60) days after the Employee and/or Dependent(s) have received from the Plan Administrator a notice that indicates that one of the events listed in Section X.C. 2 has occurred and that describes the election procedure. The Employee and/or Dependent(s) must notify the Plan Administrator if the Employee is divorced or legally separated or if a Dependent child ceases to be eligible for coverage. No COBRA continuation coverage will be provided if the Employee and/or Dependent does not send such notice to the Plan Administrator within sixty (60) days after the later of (a) the date of the divorce, legal separation or termination of eligibility or (b) the date when coverage would terminate because of the divorce, separation or termination of eligibility. The Employee and/or Dependent(s) must pay the contribution amount for coverage within the time period specified in the notice from the Plan Administrator.

Appears in 4 contracts

Samples: Pension & Insurance Agreement, Pension & Insurance Agreement, Pension and Insurance Agreement

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