Common use of Life Insurance Coverage Clause in Contracts

Life Insurance Coverage. a) Fifteen Thousand ($15,000) Dollars life insurance policy with AD&D from an insurance carrier selected by the Board, subject to the provisions of this section. b) Employees who have Board-provided term life insurance shall have a thirty-one (31) day conversion right upon termination of employment. Any employee electing the right to conversion in order to keep term life insurance in force, must contact the insurance carrier within thirty-one

Life Insurance Coverage. a) Fifteen Forty Thousand ($15,00040,000) Dollars life insurance policy with AD&D from an insurance carrier selected by the Board, subject to the provisions of this section. b) Employees who have Board-provided term life insurance shall have a thirty-one (31) day conversion right upon termination of employment. Any employee electing the right to conversion in order to keep term life insurance in force, must contact the insurance carrier within thirty-one

Life Insurance Coverage. (a) Fifteen Thousand The employee will receive a fifteen thousand ($15,00015,000.00) Dollars dollar life insurance policy with AD&D from an insurance carrier selected by the Board, subject to the provisions of this section. (b) Employees who have Board-provided term life insurance shall have a thirty-one (31) day conversion right upon termination of employment. Any employee electing the right to conversion in order to keep term life insurance in force, must contact the insurance carrier within thirty-one