INSURANCE PROTECTION. The Board shall pay the full cost for group term life insurance protection equal to a teacher's base salary (to the nearest thousand), with a minimum of ten thousand dollars ($10,000) to be paid to the teacher’s designated beneficiary upon death and, in the event of accidental death, a sum not less than two (2) times that amount.
Appears in 18 contracts
Samples: Master Agreement, Master Agreement, Master Agreement
