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Insurance/Investment Plans Sample Clauses

Insurance/Investment Plans a. The Board shall provide a means for teachers to participate in insurance/investment plans. To afford teachers some choice, the Board shall designate not more than twenty (20) carriers, on recommendation of the Association, to participate through payroll deduction with the provision that there be one register, one payment to a central disburser and that the individual payment records must be obtained from the carrier. Xxxxxxxx, if any, must be sent to the central disburser. b. The Board and the Association agree that the Board's only interest in TDA shall be withholding amounts authorized by teachers and forwarding these amounts to a central disburser. All other matters shall be personal business between the teacher and the carrier. The Board shall have no liability for errors in judgment or for misinformation on behalf of either the individual or the carrier. A teacher may enroll in a plan at any time (1987-88 will be a pilot project). The deduction must be a standard amount per pay period and shall not be changed during the school year except to discontinue deductions for that school year.
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Related to Insurance/Investment Plans

  • Group Life Insurance The Hospital shall contribute one hundred percent (100%) toward the monthly premium of HOOGLIP or other equivalent group life insurance plan in effect for eligible full-time employees in the active employ of the Hospital on the eligibility conditions set out in the existing Agreements.

  • Insurance Policies Insurance required herein shall be by companies duly licensed or admitted to transact business in the state where the Premises are located, and maintaining during the policy term a "General Policyholders Rating" of at least B+, V, as set forth in the most current issue of "Best's Insurance Guide", or such other rating as may be required by a Lender. Lessee shall not do or permit to be done anything which invalidates the required insurance policies. Lessee shall, prior to the Start Date, deliver to Lessor certified copies of policies of such insurance or certificates evidencing the existence and amounts of the required insurance. No such policy shall be cancelable or subject to modification except after thirty (30) days prior written notice to Lessor. Lessee shall, at least thirty (30) days prior to the expiration of such policies, furnish Lessor with evidence of renewals or "insurance binders" evidencing renewal thereof, or Lessor may order such insurance and charge the cost thereof to Lessee, which amount shall be payable by Lessee to Lessor upon demand. Such policies shall be for a term of at least one year, or the length of the remaining term of this Lease, whichever is less. If either Party shall fail to procure and maintain the insurance required to be carried by it, the other Party may, but shall not be required to, procure and maintain the same.

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