Common use of Life Insurance/Death Benefits Clause in Contracts

Life Insurance/Death Benefits. The District shall underwrite the cost of group life insurance for all appointed employees. The policies shall provide the payment of $25,000 to the employee's designated beneficiaries or the employee's estate if the employee should die while in the active service of the District. The estate of a teacher who dies during the term of this Agreement shall receive terminal pay calculated on the same basis as if he/she had retired.

Appears in 2 contracts

Samples: dft231.mi.aft.org, dft231.mi.aft.org

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Life Insurance/Death Benefits. The District shall underwrite the cost of group life insurance for all appointed employeesem- ployees. The policies shall provide the payment of $25,000 to the employee's designated ’s des- ignated beneficiaries or the employee's ’s estate if the employee should die while in the active service of the District. The estate of a teacher who dies during the term of this Agreement shall receive terminal pay calculated on the same basis as if he/she had retired.

Appears in 2 contracts

Samples: Collective Bargaining Agreement, Collective Bargaining Agreement

Life Insurance/Death Benefits. The District shall underwrite the cost of group life insurance for all appointed employees. The policies shall provide the payment of $25,000 to the employee's designated des- ignated beneficiaries or the employee's estate if the employee should die while in the active service of the District. The estate of a teacher who dies during the term of this Agreement shall receive terminal pay calculated on the same basis as if he/she had retired.. Article Nine – Insurance (continued)

Appears in 1 contract

Samples: Agreement

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Life Insurance/Death Benefits. The District shall underwrite the cost of group life insurance for all appointed employees. The policies shall provide the payment of $25,000 to the employee's ’s designated beneficiaries or the employee's ’s estate if the employee should die while in the active service of the District. The estate of a teacher who dies during the term of this Agreement shall receive terminal pay calculated on the same basis as if he/she had retired.

Appears in 1 contract

Samples: Collective Bargaining Agreement

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