Life & AD&D Insurance. The Company will maintain in force for the benefit of its employees the existing life insurance plan whereby employees will have indemnity insurance for fifty-two (52) weeks in a given year and life insurance. Effective February 1, 2006, Life and A.D. & D. insurance shall be fifty-seven thousand ($57,000.00).
Life & AD&D Insurance. The Board will pay the premium cost of a Seventeen Thousand Five Hundred Dollars ($17,500.00) term life insurance and accidental death and dismemberment insurance policy for all employees.
Life & AD&D Insurance. The Employer agrees to pay the full premium for term Life Insurance and Accidental Death and Dismemberment Insurance for regular full- time and part-time employees in the amount of $20,000 or one (1) times annual base salary (whichever is greater). Said insurance to become effective the first of the month following six (6) consecutive months of employment as a regular employee in accordance with the plan documents. The Employer has the right to change the provider and/or plans, provided that substantially equivalent coverage is maintained.
Life & AD&D Insurance. The Company will provide basic life insurance and accidental death and dismemberment insurance coverage for you that is equal to two (2) times your Base Salary. The Company will pay 100% of the premiums to maintain this coverage throughout your employment.
Life & AD&D Insurance. The City shall provide all full-time bargaining unit employees with fully-paid life insurance coverage of $50,000 plus $50,000 AD&D.
Life & AD&D Insurance. The Employer agrees to provide each eligible employee with life insurance/ accidental death & dismemberment insurance.