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

Life Insurance and Accidental Death and Dismemberment Insurance. a. Basic Life insurance and accidental death and dismemberment insurance will be provided in the amount of $100,000 for all full-time administrative management employees without proof of insurability. Such insurance will be subject to the limitations of liability contained in those insurance policies. Benefits are subject to Imputed Income requirements as required by law. b. Employees will have the option to purchase additional life insurance coverage options without proof of insurability if purchased within thirty

Appears in 12 contracts

Samples: Memorandum of Understanding, Side Letter Agreement, Side Letter Agreement

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Life Insurance and Accidental Death and Dismemberment Insurance. a. Basic Life insurance and accidental death and dismemberment insurance will be provided in the amount of $100,000 for all full-time administrative management employees without proof regardless of insurability. Such insurance will be subject to the limitations of liability contained in those insurance policiesage. Benefits are subject to Imputed Income requirements as required by law. b. Employees will have the option to purchase additional life insurance and accidental death and dismemberment coverage options without proof of insurability if purchased within thirtyincluding dependent coverage.

Appears in 1 contract

Samples: Memorandum of Understanding

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