Life Insurance Premium Rates Sample Clauses

Life Insurance Premium Rates. During the term of this MOU agreement, the City shall pay the premium for life insurance coverage of $40,000 for employees as defined in Section 1.3, per year per employee in the Local One unit. For part-time employees, please refer to Article 6.4 regarding Pro-Rata Benefits.

Related to Life Insurance Premium Rates

  • Health insurance premiums If you are unemployed and have received unemployment compensation for 12 consecutive weeks under a federal or state program, you may take payments from your IRA to pay for health insurance premiums without incurring the 10 percent early distribution penalty tax. 6)

  • 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. Such insurance shall pay double in the case of accidental death or dismemberment.

  • Life Insurance No portion of your IRA may be invested in life insurance contracts.

  • Group Insurance 38.01 The Group Insurance Plan presently in effect shall remain in effect during the term of this Agreement.

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