Common use of Group Life Coverage Clause in Contracts

Group Life Coverage. a. Employees may participate in the BCTF/BCSTA Group Life Insurance Plan. The Board shall pay 75% of the premium costs. b. Any premium contributed by any teacher toward the total premium payable under this policy for insurance on the life of such teacher shall be deemed by the employer to be applied first to the premium for the amount of their insurance (if any) in excess of $25,000 and the balance (if any) of the employee’s premium shall be deemed by the employer to be applied to the first $25,000 of this insurance. c. The Board shall continue to pay its share of premiums for benefit plans for a teacher who is receiving Salary Indemnity Plan Benefits for a maximum of one year.

Group Life Coverage. a. Employees may participate in the BCTF/BCSTA Group Life Insurance Plan. The Board shall pay 75% of the premium costs. b. Any premium contributed by any teacher toward the total premium payable under this policy for insurance on the life of such teacher shall be deemed by the employer to be applied first to the premium for the amount of their his/her insurance (if any) in excess of $25,000 and the balance (if any) of the employee’s employee‟s premium shall be deemed by the employer to be applied to the first $25,000 of this insurance. c. The Board shall continue to pay its share of premiums for benefit plans for a teacher who is receiving Salary Indemnity Plan Benefits for a maximum of one year.