Common use of Life and Accidental Death Insurance Clause in Contracts

Life and Accidental Death Insurance. .1 Steelway pays 100% of the life and accidental death premiums including all applicable taxes. The parties agree that the sole obligation of Steelway is to pay such premiums. Coverage for benefits or eligibility will be determined in accordance with the provisions of the applicable insurance plan. Life insurance amount is: .1.1 Employee: $40000 .2 Termination at age 70 or retirement.

Appears in 3 contracts

Samples: Collective Agreement, Collective Agreement, Collective Agreement

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Life and Accidental Death Insurance. .1 Steelway pays 100% of the life and accidental death premiums including all applicable taxes. The parties agree that the sole obligation of Steelway is to pay such premiums. Coverage for benefits or eligibility will be determined in accordance with the provisions of the applicable insurance plan. Life insurance amount is: .1.1 Employee: $40000 40,000 .2 Termination at age 70 or retirement.

Appears in 1 contract

Samples: Collective Agreement

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