Common use of Group Life Insurance Plan and Accidental Death and Dismemberment Clause in Contracts

Group Life Insurance Plan and Accidental Death and Dismemberment. The Employer shall provide a Group Life Insurance Plan for regular full-time and part-time employees in accordance with the terms and conditions of the Plan. The Plan under its terms provides basic life insurance in the amount of three-hundred percent (300%) of annual earnings rounded to the next higher one-thousand dollars ($1,000) to a maximum of three-hundred- thousand dollars ($300,000) and standard twenty-four (24) hours Accidental Death and Dismemberment Insurance. The Employer shall pay the premiums for the Group Life Insurance Plan.

Group Life Insurance Plan and Accidental Death and Dismemberment. The Employer shall provide a Group Life Insurance Plan for regular full-time and part-time employees in accordance with the terms and conditions of the Plan. The Plan under its terms provides basic life insurance in the amount of three-three hundred percent (300%) of annual earnings rounded to the next higher one-one thousand dollars ($1,0001,000.00) to a maximum of three-hundred- three hundred thousand dollars ($300,000300,000.00) and standard twenty-four (24) hours Accidental Death and Dismemberment Insurance. The Employer shall pay the premiums for the Group Life Insurance Plan.