Insurance Procedures Clause Samples

Insurance Procedures. All such insurance required in this Section 9 shall be with companies and on forms acceptable to DLR and shall provide that the coverage thereunder may not be reduced or canceled unless thirty (30) days’ unrestricted prior written notice thereof is furnished to DLR. All insurance required in this Section 9 shall be primary and not contributory with regard to any other available insurance to DLR, its parent, and any subsidiaries, related and affiliated companies of each, and the officers, directors, shareholders, employees, agents and assigns of each. All insurance shall be written by companies with a BEST Guide rating of B+ VII or better. Certificates of insurance (or copies of policies, if required by DLR) shall be furnished to DLR. All insurance required under this Section 9 shall include DLR, its parent, and any subsidiaries, related and affiliated companies of each, and the officers, directors, shareholders, employees, agents and assigns of each as additional insureds and contain a waiver of subrogation in their favor. The additional insured requirement applies to all coverages except Workers’ Compensation and Employer’s Liability. The waiver of subrogation applies to all coverages. DLR’s failure to request, review or object to the terms of such certificates or insurance shall not be deemed a waiver of Vendor’s obligations or the rights of DLR. The minimum limits of the insurance required in this Section 9 shall in no way limit or diminish Vendor’s liability under other provisions of this Agreement.

Insurance Procedures. The participants of the exchanges, while engaged in activities provided for in this agreement, must have both accident insurance and third party liability insurance for unintentional damage, thereby releasing the host university from any liability in this respect. Such insurance coverage may be provided either by the home institution, according to their own regulations, or by a policy covering the above-mentioned risks that the participant has obtained from an insurance company. With regards to health insurance (coverage for medical expenses and/or hospitalization), the participants must purchase their own insurance according to the rules of the host country. Other specific needs related to insurance coverage will be stipulated in special amendments agreed upon by the two parties.

Insurance Procedures. It is understood that actual effective coverage on all members of the insurance program is contingent upon members of the Bargaining Unit completing and submitting all necessary enrollment forms before the end of the enrollment period, subject to product availability; any rules, policies and regulations which Independence Blue Cross, Pennsylvania Blue Shield, or other insurance providers have as part of their normal operating procedures; changes that may be caused by legislative and/or administrative actions by the State and/or Federal government; and product amendments as may be instituted by the insurance provider. There shall be an annual open enrollment period during which Bargaining Unit Members may elect one of the health insurance options offered by the District. Bargaining Unit Members are required to notify the District immediately of changes in spouse, Civil Union, and/or child/children eligibility for insurance benefits in this Agreement.

Insurance Procedures. In the event that the product shipped appears to have been damaged in transit, the Buyer must notify the CARRIER and request an adjustor to inspect the shipment. The Buyer shall also retain all original shipping containers for inspection and look for the following:

Insurance Procedures a) Actual effective coverage for all members of the benefit program is contingent upon the Employee completing all necessary enrollment forms, and is subject to enrollment dates, subject to product availability and subject to other rules and regulations which the insurance carrier has as part of its normal operating procedures, subject to changes that may be caused by legislative and/or administrative actions by the State or Federal government, and subject to product amendments as may be universally instituted. b) All newly hired Employees or individuals newly promoted from ineligible to eligible status will be subject to a 60 calendar day waiting period as defined in Article 16 before being eligible for health insurance coverage. Medical insurance benefits will be provided on the first of the month following the expiration of the 60 calendar days waiting period. In addition, enrollment in all other group insurance benefits for eligible Employees (as noted in Sec. 33.0), including dental insurance, vision care, and prescription insurance will be provided the first of the month following the same 60 calendar day waiting period. c) A group open enrollment period shall be held each year in May. During this period, Employees may elect to enroll-disenroll and/or add/delete eligible dependents in the medical, prescription, dental, vision, option out, or Section 125 plan(s). Changes in enrollment shall take effect July 1. d) The District shall offer two plan options (Option 2 and Option 3) for Bargaining Unit Members to elect healthcare coverage for medical, prescription, dental and vision insurance. Each Option is offered as a package and elections cannot be from both options. e) If an excise tax or penalty should be instituted during the term of this Agreement by the Federal or State government, or before a successor Contract is reached, the Union and the District agree that: (1) any health benefits plans offered by the District that trigger an excise tax or penalty under the Patient Protection and Affordable Care Act (ACA) will either be modified or eliminated by agreement of the parties; (2) the District agrees to modify or eliminate healthcare plans with the consent of the Union; and (3) notwithstanding (1) and (2) above, within thirty (30) days of when the excise tax or penalty provisions take effect, no healthcare plan will be provided by the District that exceeds the excise tax or penalty thresholds established by the ACA.

Insurance Procedures. Actual effective coverage for all members of the benefit program is contingent upon the Employee completing all necessary enrollment forms, and is subject to enrollment dates, subject to product availability and subject to other rules and regulations which the insurance carrier has as part of its normal operating procedures, subject to changes that may be caused by legislative and/or administrative actions by the State or Federal government, and subject to product amendments as may be universally instituted.

Insurance Procedures