INSURANCE COVERAGE COMMENCES Clause Samples
The "Insurance Coverage Commences" clause defines the exact point in time when the insurance policy's protection becomes effective. Typically, this clause specifies a start date and time, which may be upon payment of the first premium, the signing of the policy, or another agreed-upon event. By clearly establishing when coverage begins, this clause ensures that both the insurer and the insured understand when risks are covered, thereby preventing disputes over claims arising from incidents occurring before the policy is in force.
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INSURANCE COVERAGE COMMENCES. Immediately for employees presently covered and on lay off from another company participating in this Plan. Three (3) month waiting period for employees first entering the employ of a company participating in this Plan. Three (3) month waiting period for employees who have been on lay-off beyond their seniority retention period.
INSURANCE COVERAGE COMMENCES. Immediately for employees presently covered and on lay-off from the Company. • A three (3) month waiting period for employees first entering the employ of the Company. • A three (3) month waiting period for employees who have been on layoff beyond their seniority retention period.
INSURANCE COVERAGE COMMENCES. On the first day of the month following thirty (30) days of continuous service on full time.
(a) Life Insurance
(b) Accidental Death and Dismemberment
INSURANCE COVERAGE COMMENCES. For employees who join the Company prior to December 31st, 1981, in accordance with the Company Life Insurance and Accidental Death and Benefit policies, and effective January 1st, 1982, in accordance with the terms and conditions of clause 14.02 of this Agreement.
INSURANCE COVERAGE COMMENCES. Insurance coverage will commence when an employee has completed the probation period.