Common use of Group Life and Disability Insurance Clause in Contracts

Group Life and Disability Insurance. All persons hired on an IPSA will be covered for service incurred disability/injury/death, at no cost to the IPSA Holder. IPSA Holders must be enrolled in the global Cigna “Group Life & Disability“ insurance plan prescribed by UNDP which provides cover for death and permanent disability as a result of any cause. In the event of death and disability as a result of any cause, a claim must be submitted under the “Group Service-Incurred Death and Disability Insurance Plan” for compensation through Cigna. The premium for the Cigna scheme must be paid by the UNDP Office in respect of each IPSA holder. The premium is established in US dollars. The local currency value must be determined monthly on the basis of the UN operational rate of exchange. The premium must be collected and remitted monthly at the time of processing the remuneration. The UNDP Office must maintain a record in ATLAS of amounts collected, should there be any questions or audit at a later date. For this premium amount, subject to the Cigna policies in place, the IPSA Holder would be eligible to receive up to the ceiling established under this benefit for permanent total disability and, in the event of the IPSA Holder’s death, the surviving spouse and/or dependents would receive up to the ceiling established under this benefit.

Group Life and Disability Insurance. All persons hired on an IPSA will be covered for service incurred disability/injury/death, at no cost to the IPSA Holderholder. IPSA Holders holders must be enrolled in the global Cigna “Group Life & Disability“ ” insurance plan prescribed by UNDP which provides cover for death and permanent disability as a result of any cause. In the event of death and disability as a result of any cause, a claim must be submitted under the “Group Service-Incurred Death and Disability Insurance Plan” for compensation through Cigna. The premium for the Cigna scheme must be paid by the UNDP Office in respect of each IPSA holder. The premium is established in US dollars. The local currency value must be determined monthly on the basis of the UN operational rate of exchange. The premium must be collected and remitted monthly at the time of processing the remuneration. The UNDP Office must maintain a record in ATLAS its ERP system of amounts collected, should there be any questions or audit at a later date. For this premium amount, subject to the Cigna policies in place, the IPSA Holder holder would be eligible to receive up to the ceiling established under this benefit for permanent total disability and, in the event of the IPSA Holderholder’s death, the surviving spouse and/or dependents would receive up to the ceiling established under this benefit.