Common use of Insured Benefits Clause in Contracts

Insured Benefits. A transferring employee will be covered by the benefit plans at the designated Employer. There will be no break in coverage and/or no waiting period prior to being able to receive benefits so long as the waiting period has already been served, subject to the requirements of the carrier.

Insured Benefits. A transferring employee will be covered by the benefit plans at the designated Employeremployer. There will be no break in coverage and/or no waiting period prior to being able to receive benefits so long as the waiting period has already been served, subject to the requirements of the carrier.