Common use of Employee Life Clause in Contracts

Employee Life. The Employer shall provide a State-sponsored group life insurance plan which has a death benefit equal to two (2) times annual salary rounded up to the nearest $1,000, with a minimum $10,000 benefit. The Employer shall pay one hundred percent (100%) of the premium for this benefit. Less than full-time employees who are working 40% or more of full-time shall have their benefit level determined as if they were working full-time in a full-time position.

Employee Life. The Employer shall provide a State-sponsored group life insurance plan which has a death benefit equal to two (2) times annual salary rounded up to the nearest $1,000, with a minimum $10,000 benefit. The Employer shall pay one hundred percent (100%) of the premium for this benefit. Less than full-time employees who are working at least 40% or more of full-full time shall have their benefit level determined as if they were working full-time in a full-time position.

Employee Life. The Employer shall provide a State-sponsored group life insurance plan which has a death benefit equal to two (2) times annual salary rounded up to the nearest $1,000, with a minimum $10,000 benefit. The Employer shall pay one hundred percent (100%) of the premium for this benefit. Less than full-time employees who are working at least 40% or more of full-full time shall have their benefit level determined as if they were working full-time in a full-full- time position.

Employee Life. The Employer shall provide a State-sponsored group life insurance plan which has a death benefit equal to two (2) times annual salary rounded up to the nearest $1,000, with a minimum $10,000 benefit. The Employer shall pay one hundred percent (100%) of the premium for this benefit. Less than full-time employees who are working 40% or more of full-full time shall have their benefit level determined as if they were working full-time in a full-time position.