Group Life and Accident Insurance Sample Clauses

Group Life and Accident Insurance. Regular status Administrative Assistants may participate in the Group Life and Accident Insurance Program of the College. This Program shall provide basic term life insurance coverage of one times the employee's annual base salary for Administrative Assistants. The full cost of this coverage shall be paid by the Employer. In addition, optional coverage shall be available that provides insurance in $10,000 increments up to a maximum of $500,000. The entire premium cost of this optional coverage shall be paid by the employee. In the case of accidental death or dismemberment, this Program provides, during active employment, but not during retirement, an amount of additional insurance equivalent to the amount of the Employee's life insurance coverage. Regular status Administrative Assistants may participate at their own cost in the Personal Accident Insurance Plan.
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Group Life and Accident Insurance. The Board agrees to pay one hundred (100) percent of the premiums of the Group Life, Accident and Sickness Insurance Plan of $90,000.00 subject to meeting the qualifications of the carrier. The board agrees to increase this coverage to $100,000.00 providing a carrier can be found who will insure the support staff for the same rate as or a rate lower than the teacher’s coverage.

Related to Group Life and Accident Insurance

  • Group Life Insurance The Hospital shall contribute one hundred percent (100%) toward the monthly premium of HOOGLIP or other equivalent group life insurance plan in effect for eligible full-time employees in the active employ of the Hospital on the eligibility conditions set out in the existing Agreements.

  • Group Term Life Insurance The School District will pay the full premium for each $1,000 of coverage for group term life insurance. The amount of life insurance provided will be $20,000, subject to the conditions of the carrier.

  • Term Life Insurance The Employer will maintain and make available to full-time and part-time employees, the current term life insurance plan as set forth in the document "Summary of Health Benefits, Maryland State Employees."

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