Gaining a Dependent Sample Clauses
The 'Gaining a Dependent' clause outlines the procedures and implications when an individual acquires a new dependent, such as through birth, adoption, or marriage. Typically, this clause specifies the timeframe and documentation required to add the new dependent to relevant benefits or coverage, such as health insurance. Its core function is to ensure that individuals can promptly update their status and secure necessary benefits for new dependents, thereby preventing gaps in coverage and ensuring compliance with policy requirements.
Gaining a Dependent i. If you gain a new dependent due to any of the following triggering events you can apply for coverage for yourself and your eligible dependent, or you can apply to change your coverage and add your eligible dependent, within 60 days after the date of the triggering event. Adding an eligible dependent may increase the cost of your Premium. You must pay the additional Premium due for coverage to be provided to the eligible dependent.
Gaining a Dependent. Upon gaining a new dependent (or dependents) due to any of the following triggering events an eligible individual, or an eligible individual on behalf of himself and his eligible dependents, may elect to enroll in the Plan within 60 days after the date of the triggering event:
i. Marriage;
ii. Birth;
iii. Adoption or placement for adoption;
iv. Child support order or other court order (except for a court order to cover a former spouse);