Insurance Options Sample Clauses
The Insurance Options clause outlines the types and levels of insurance coverage that a party must obtain and maintain during the term of an agreement. It typically specifies whether general liability, professional liability, property, or other forms of insurance are required, and may set minimum coverage amounts or name additional insured parties. This clause ensures that adequate financial protection is in place to cover potential losses or liabilities, thereby reducing risk and providing reassurance to all parties involved.
Insurance Options. 17 Each eligible employee shall be entitled to select insurance options from the approved list of options. 19 The benefit program shall consist of the following: 21 Mandatory Participation: 22 • District Dental Plan 23 • District Vision Plan 25 Optional Participation: 26 • District Medical Plans 28 Other benefits available to employees, but not funded from the allocated amount (self-pay), may 29 include but are not limited to: 30 • Salary Insurance 31 • AFLAC 33 All plans shall be determined mutually by the District and Association 35 Section 12.16. Benefits - Contracts. 36 RCW 28A.400.275. Employee Benefits-Contracts. Any contract for employee benefits executed after 37 April 13, 1990, between a school district and a benefit provider or employee bargaining unit is null and 38 void unless it contains an agreement to abide by state laws relating to school district employee 39 benefits. The term of the contract may not exceed one (1) year. 40
Insurance Options. 24 Each eligible employee shall be entitled to select insurance options from the approved list of options. 25 The benefit program shall consist of the following: 27 Mandatory Participation: District Dental Plan 28 District Vision Plan 30 Optional Participation: District Health Plan 32 All plans shall be determined mutually by the District Association. 33
Insurance Options. The Board of Education will provide $100 a month for employees who have shown proof of health insurance through their spouse. Changes may be made on September l or January l or after a change of family Status. This payment may be used for life insurance or a 403B through a designated company pursuant to policy 412.1. In the event of any change in law, legal interpretation, regulation or regulation interpretation in health insurance issues, specifically related to federal health insurance requirements since January, 2009, the District or PEA may re-open negotiations on such language as is deemed necessary by the Board or PEA in order to deal with such changes. SINGLE $31.58 SINGLE $9.34 TWO- PARTY $62.10 EMPLOYEE & SPOUSE $14.94 FAMILY $93.06 EMPLOYEE & CHILDREN $15.25 FAMILY $24.58 Retirement/Resignation If an employee notifies the Business Officer in writing accompanied by a letter of resignation, on or before January 1 of retirement or resignation, there will be a $250.00 bonus to be paid upon board action on the resignation at its January meeting.”
Insurance Options. Insert a new second sentence as follows:
Insurance Options. A benefit-employee as described in Article XIII, Section 1 may select one of the following benefit options in this Section:
Option 1) An employee may choose a district contribution toward health insurance as listed in subd. 1 and may choose a district contribution toward single dental insurance as listed in subd. 2 (b); Option 2) An employee may choose a district contribution toward family dental coverage as listed in subd. 2 (a); Option 3) An employee may choose the expense reimbursement option in subd. 3.
Insurance Options. 10.1 For additional non-refundable fees, you may purchase from us a “Liability Reduction Option 1”, “Liability Reduction Option 2” or “ALL INCLUSIVE". This will reduce the Bond payable by you on a per incident basis unless the loss or damage is not fully covered by insurance. If an accident Cost per day Bond/Liability Max Collectable* Damage Caused by Single Vehicle Roll Over No No
10.2 You acknowledge that cover may be denied under Standard excess liability, Liability Reduction option 1 and All inclusive option if:
(a) there is any water related damage such as vehicle submersion, creek or river crossing, beach driving or driving through low plain flooded areas;
(b) you breach the terms of this Agreement;
(c) you drive under the influence of alcohol or drugs;
(d) damage is caused by careless or wilful conduct;
(e) you drive on restricted, closed, dirt of unsealed roads;
(f) the articles damaged are appliances or fixtures inside the Vehicle unless in the case of a motor accident.
(g) do not use Multiple USB Ports in the cigarette lighter socket as this may cause damage to the electrics (e.g. blown fuses, malfunction of radio/ air con as they are on the same circuit). Damage caused by using a Multiple USB Port will not be covered by insurance.
Insurance Options. 42 Each eligible employee shall be entitled to select insurance options from the approved list of options. 44 The benefit program shall consist of the following: 46 Mandatory Participation: District Dental Plan 47 District Vision Plan 48 Optional Participation: District Health Plan 1 All plans shall be determined mutually by the District and Association. 3 Section 12.14. Benefits - Contracts. 4 RCW 28A.400.275. Employee Benefits-Contracts. Any contract for employee benefits executed after 5 April 13, 1990, between a school district and a benefit provider or employee bargaining unit is null and 6 void unless it contains an agreement to abide by state laws relating to school district employee 7 benefits. The term of the contract may not exceed one (1) year.
Insurance Options. All insurance required in this Section 10.1 to be provided by ISBA (or a Sub-sublessee) may be provided under (i) an individual policy covering the applicable Unit, or portion thereof, (ii) a blanket policy or policies which includes other liabilities, properties and locations, (iii) a plan of self-insurance, provided that any person or entity so self-insuring, except the State of Idaho providing insurance through its self-insurance program, notifies ISBA, County and Agency of its intent to self-insure and agrees that upon request it shall deliver to ISBA, County and Agency each calendar year a copy of its annual report which discloses that such person has $100,000,000 of both net worth and net current assets, or (iv) a combination of any of the foregoing insurance programs.
Σεχτιον 10.2. Hold Harmless and Indemnification
Insurance Options. 12.1. All vehicles come with the standard excess insurance.
Insurance Options a. An administrator, upon early retirement from the District, will retain family medical, family dental and life insurance benefits at the expense of the District until such time as the administrator becomes eligible for Medicare.
b. In case the administrator dies before becoming eligible for Medicare, the administrator's spouse and dependent children will retain family medical and family dental group insurance benefits at the expense of the District until such time the administrator would have qualified for Medicare. The spouse and dependent children may also continue to participate in the medical insurance plan after the deceased administrator would have qualified for Medicare and until the spouse becomes eligible for Medicare; however, the spouse shall pay the entire amount of the insurance premium.
Section 1, Subd. 5 does not apply to administrators hired after June 30, 2012. A new post-employment benefit shall take its place and operate as follows:
1. The District shall contribute $13,500 per year, on a cumulative basis, into a Health Reimbursement Arrangement (HRA). Contributions will be made annually through the 10th year of employment with the District, for a total District maximum contribution of $135,000.
2. The funds contributed by the District and placed in an HRA account for administrators hired after June 30, 2012, shall not be vested until completion of ten (10) years of continuous service with the District. Upon an administrator’s termination of employment with the District, any funds that have not vested shall revert back to the District.
3. The District shall retain control of any funds contributed into an HRA on behalf of the administrator until those funds have vested (i.e., until 10 years of continuous service in the District have been completed). The District shall remain responsible to invest any funds and pay any associated fees until the funds vest with the administrator, at which point those responsibilities shall be transferred to the administrator.
