Common use of Fixed Costs: Disability and Life Insurance Clause in Contracts

Fixed Costs: Disability and Life Insurance. The Board will provide for income disability continuity coverage and life insurance the sum of $25.55 per month, $306.60 per year, for each full-time member of the bargaining unit. 1. The Board will provide full ($63,000) life insurance coverage to all members assigned three-eighths (3/8) time or more, and half ($31,500) life insurance coverage to all members assigned less than three-eighths (3/8) time. 2. The Board will provide income disability coverage to all members regardless of part-time or full-time status.

Fixed Costs: Disability and Life Insurance. The Board will provide for income disability continuity coverage and life insurance the sum of $25.55 20.55 per month, $306.60 246.50 per year, for each full-time member of the bargaining unit. 1. The Board will provide full ($63,000) life insurance coverage to all members assigned three-eighths (3/8) time or more, and half ($31,500) life insurance coverage to all members assigned less than three-eighths (3/8) time. 2. The Board will provide income disability coverage to all members regardless of part-time or full-time status.