Common use of Group Life Insurance Plan Clause in Contracts

Group Life Insurance Plan. The Board will contribute 100% of the costs of the premium. The value of the policy will be two (2) times the member’s annual salary to a maximum of $175,000.00 with a minimum level of $75,000.00 for full-time members.

Group Life Insurance Plan. The Board will contribute 100% of the costs of the premiumpremium for eligible employees. The value of the policy will be two (2) times the memberemployee’s annual salary to a maximum of $175,000.00 100,000, with a minimum level of $75,000.00 50,000 for full-time membersemployees working thirty (30) hours per week and a minimum level of $25,000 for eligible employees working less than thirty (30) hours per week.

Group Life Insurance Plan. The Board will contribute 100% of the costs of the premium. The value of the policy will be two (2) times the memberMember’s annual salary to a maximum of $175,000.00 175,000, with a minimum level of $75,000.00 75,000, for full-full time membersMembers.

Group Life Insurance Plan. The Board will contribute 100% of the costs of the premiumpremium for eligible employees. The value of the policy will be two (2) times the memberemployee’s annual salary to a maximum of $175,000.00 100,000, with a minimum level of $75,000.00 50,000 for fullemployees working thirty (30) to thirty-time membersfive (35) hours per week and a minimum level of $25,000 for eligible employees working fifteen (15) to thirty (30) hours per week.