Common use of Life and Accidental Death and Dismemberment Insurance Clause in Contracts

Life and Accidental Death and Dismemberment Insurance. The City shall provide life and accidental death and dismemberment insurance in the amount of one and one-half (1½) times the employee's basic annual earnings up to a maximum benefit of Fifty Thousand Dollars ($50,000) for all employees covered by this Memorandum of Understanding.

Appears in 1 contract

Samples: Memorandum of Understanding

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Life and Accidental Death and Dismemberment Insurance. The City Each employee shall provide be provided with fifty-thousand dollars ($50,000.00) of life insurance and fifty-thousand dollars ($50,000.00) of accidental death and dismemberment insurance coverage paid for by the City. Each employee shall have the option, at their own expense, to purchase additional amounts of life insurance and accidental death and dismemberment insurance in to the amount of one and one-half (1½) times extent provided by the employee's basic annual earnings up to a maximum benefit of Fifty Thousand Dollars ($50,000) for all employees covered by this Memorandum of UnderstandingCity’s current providers.

Appears in 1 contract

Samples: Memorandum of Understanding

Life and Accidental Death and Dismemberment Insurance. The City shall pay on behalf of each regular full-time employee a monthly premium contribution sufficient to provide a flat $75,000 life and accidental death and dismemberment insurance in the amount of one and one-half (1½) times the for each employee's basic annual earnings up to a maximum benefit of Fifty Thousand Dollars ($50,000) for all employees covered by this Memorandum of Understanding.

Appears in 1 contract

Samples: Memorandum of Understanding

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Life and Accidental Death and Dismemberment Insurance. The City shall provide life and accidental death and dismemberment insurance in the amount of one and one-half (1½) times the employee's basic annual earnings up to a maximum benefit of Fifty Two Hundred Thousand Dollars ($50,000200,000) for all Sworn Employees and One Hundred and Twenty-five thousand Dollars ($125,000) for non-sworn employees covered by this Memorandum of Understanding. Employees may purchase additional life insurance in accordance with their respective plans.

Appears in 1 contract

Samples: Memorandum of Understanding

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