Insurance Waiver Program. Full-time and regular part-time Librarians and full-time Librarian Trainees eligible for medical and dental insurance benefits pursuant to the terms of this Agreement may waive coverage and receive a cash payment in lieu of the benefits.
Insurance Waiver Program. Under the Insurance Waiver Program ("IW Program") Landlord will waive its right to charge or seek recompense from Resident for damages of up to $100,000.00 to the Landlord's property due to the negligent action or inaction of the Resident or Resident's occupants or guests for the following causes of loss: fire, smoke, explosion, backup or overflow of sewer, drain, or sump, water damage, and falling objects. Some important points of this IW Program which Resident should understand are:
a. The Insurance Waiver Program is not insurance. Through the IW Program, the Landlord is foregoing its right to seek reimbursement from the Resident for the damages described in this Section 1.
b. The Insurance Waiver will be charged to the Resident by Landlord as additional rent for each monthly rental period unless the Resident satisfies the requirements of Section 1.
c. Neither the IW Program nor any insurance maintained by the Landlord protects Resident's personal property (contents), additional living expenses, liability for personal or bodily injury to anyone, or liability for damages beyond those described in this Section 1. If Resident requires any of these coverages, then Resident should contact an insurance agent or insurance company of Resident's choice and obtain such coverage.
d. The IW Program may be more expensive than the cost of an MLRI Policy obtainable by Resident elsewhere.
e. Landlord is not required to offer the IW Program and may discontinue it at Landlord's discretion.
Insurance Waiver Program. Any driver who qualifies for district health insurance or district contribution toward health insurance, but is covered by an insurance plan outside of the district shall be required to opt-out. Said drivers shall complete the
