Common use of Group Life Insurance, A Clause in Contracts

Group Life Insurance, A. D.&D., Healthcare and Dental Group Life Insurance, A.D.&D. coverage continues to be provided as a shared premium to Member employees who are laid off, only to the last day of the month in which they were laid off. Healthcare and Dental coverage continues to be provided to the last day of the month in which the employee is laid off; or the lay off date falls within the last week of the month, coverage will continue to the last day of the following month. The TTC will commence payment of any applicable benefit premi- ums on behalf of employees who are so qualified at the time of lay off, immediately upon resumption of work, if within 12 calendar months of the date of lay off. Laid off employees who wish to continue coverage during the initial six months of lay off may do so by paying the full cost of the premiums involved. Contributions by both parties will resume immediately if the employee returns to work within 12 calendar months of the date of lay off.

Appears in 2 contracts

Samples: Agreement, Agreement

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Group Life Insurance, A. D.&D., Healthcare and Dental Group Life Insurance, A.D.&D. coverage continues to be provided as a shared premium to Member employees who are laid off, only to the last day of the month in which they were laid off. Healthcare and Dental coverage continues to be provided to the last day of the month in which the employee is laid off; or the lay off date falls within the last week of the month, coverage will continue to the last day of the following month. The TTC will commence payment of any applicable benefit premi- ums pre- miums on behalf of employees who are so qualified at the time of lay off, immediately upon resumption of work, if within 12 calendar calen- dar months of the date of lay off. Laid off employees who wish to continue coverage during the initial six months of lay off may do so by paying the full cost of the premiums involved. Contributions by both parties will resume immediately if the employee returns to work within 12 calendar months of the date of lay off.

Appears in 2 contracts

Samples: Agreement, Agreement

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