Common use of Income Protection Insurance Clause in Contracts

Income Protection Insurance. 29.1 The Employer shall provide Income Protection Insurance through an ETU nominated policy and scheme. It is agreed that the Income Protection Insurance payment will be collected and administered by the “Protect” Severance Scheme at the same time as severance payments are made. The Income Protection Insurance payments will be paid for the Employees and will be paid for all periods of authorised absence and cannot be on a pro- rata basis.

Income Protection Insurance. 29.1 The Employer shall provide Income Protection Insurance through an ETU nominated policy and scheme. It is agreed that the Income Protection Insurance payment will be collected and administered by the “Protect” Severance Scheme at the same time as severance payments are made. The Income Protection Insurance payments will be paid for the Employees employees and will be paid for all periods of authorised absence and cannot be on a pro- rata basis.

Income Protection Insurance. 29.1 The Employer shall provide Income Protection Insurance through an ETU nominated policy and scheme. It is agreed that the Income Protection Insurance payment premium will be collected and administered by the “Protect” Severance Scheme at the same time as severance payments are made. The Income Protection Insurance payments protection will be paid for the Employees employees and will be paid for all periods of authorised absence and cannot be on a pro- pro-rata basis.