Common use of Life Insurance Coverage Clause in Contracts

Life Insurance Coverage. (a) The Employer agrees to pay the full premium of term life insurance plan for each employee, face value of $25,000 double indemnity while employed.

Life Insurance Coverage. (a) The Employer agrees to pay the full premium of term life insurance plan for each employeeemployee while employed, face value of $25,000 double indemnity while employedindemnity.

Life Insurance Coverage. (a) a. The Employer agrees to pay the full premium of term life insurance plan for each employee, face value of $25,000 double indemnity equal to 1.5 times annual salary while employed.

Life Insurance Coverage. (a) The Employer agrees to pay the full premium of for term life insurance plan for each employeeemployee who is included under the current medical coverage, face value of $25,000 double indemnity 5,000 while employedemployed or on layoff for a period of one (1) year or less.