Group Term Life Insurance. The Welfare Plan will include Group Term Life Insurance in accordance with the following Table of Hourly Job Rate Brackets and corresponding coverages. Benefits will be payable as a result of death from any cause on a twenty-four (24) hour coverage basis.
Group Term Life Insurance. The School District will pay the full premium for each $1,000 of coverage for group term life insurance for all full-time teachers who qualify for and enroll in the existing group term life insurance plan of the School District. Full-time teachers who qualify and enroll will be insured with $50,000 of group term life insurance.
Group Term Life Insurance. The City agrees to pay the premium for $50,000 of group term life insurance for each represented employee. Represented employees may apply for themselves and their eligible dependents to purchase from $50,000 to $300,000 of supplemental group term life insurance in $10,000 increments through the City's group insurance plan with employees paying the additional cost through payroll deductions.
Group Term Life Insurance. Group Term Life Insurance with Accidental Death and Dismemberment Benefits in the amount of $50,000 or two and a half (2 ½) times annual salary, whichever is greater. Employees covered under these benefits have the option to purchase, at their own expense, additional Life Insurance in blocks of $20,000, $40,000, $60,000 or $80,000.
Group Term Life Insurance. Employer payment of 100 percent of premium for group life insurance provided by the UUA, or its equivalent. The required portion of the premium paid on behalf of the Minister will be imputed as taxable income on the Minister’s W-2 as required by law.
Group Term Life Insurance. The Board of Education shall provide group term life insurance coverage of $50,000. The Board shall pay 100% of the premiums for said coverages.
Group Term Life Insurance. A term life insurance policy shall be provided for each member of the bargaining unit, equal to two (2) times a faculty member’s salary or $50,000 whichever is higher, with all premiums paid by the College. The policy shall include accidental death and dismemberment riders.
Group Term Life Insurance. The City shall pay the entire premium cost of the Plan.
Group Term Life Insurance. The Board of School Trustees will provide forty-five thousand dollars ($45,000) term life insurance coverage for all unit members for the length of this contract. The cost of the term life insurance shall be provided by the corporation except for an annual payment of one dollar ($1.00) by participating members. Any anticipated changes in insurance carriers shall be discussed prior to actual changes being made.
Group Term Life Insurance. The school employer shall provide $50,000 group term life insurance coverage for each full-time teacher employed under regular contract and enrolled in the group plan determined and selected solely by the board, following input from the association, with the teacher one dollar ($1.00) per year. The coverage shall include a double indemnity clause. The above is to be effective on September 1 of the school year.
