Group Insurance Plan. Each permanent employee, from the conclusion of the elimination period, shall be covered by a term life insurance policy equal to one times the employee’s annual salary with a minimum coverage of $25,000, with the premium paid by the Employer. Term employees who are appointed for a minimum term of eight months (or whose appointments extend for a continuous period of at least eight months) and who are appointed for half-time or more are covered from the conclusion of the elimination period. In addition, such employees are eligible to elect further group life insurance and dependent insurance, all at their own cost. This plan is administered in accordance with the terms of the policy.
Appears in 5 contracts
Samples: Collective Agreement, Collective Agreement, Collective Agreement
