Nurse. A nurse may purchase up to five hundred thousand dollars ($500,000) additional life insurance, in increments established by the Employer, subject to satisfactory evidence of insurability. A new nurse may purchase up to two (2) times annual salary in optional nurse life coverage by their initial effective date of coverage as defined in this Article, Section 5C without evidence of insurability. A nurse who becomes eligible for insurance may purchase up to two (2) times annual salary in optional nurse life coverage without evidence of insurability within thirty (30) days of the initial effective date as defined in this Article.
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Samples: www.lrl.mn.gov, www.leg.mn.gov, www.leg.mn.gov
Nurse. A nurse may purchase up to five hundred thousand dollars ($500,000) additional life insurance, in increments established by the Employer, subject to satisfactory evidence of insurability. A new nurse may purchase up to two (2) times annual salary in optional nurse life coverage by their initial effective date of coverage as defined in this Article, Section 5C without evidence of insurability. An individual may only be covered on one state sponsored life coverage policy. A retired employee who returns to state service with optional employee life coverage in place or who has already received a paid-up benefit are not eligible for optional employee life coverage. A nurse who becomes eligible for insurance may purchase up to two (2) times annual salary in optional nurse life coverage without evidence of insurability within thirty (30) days of the initial effective date as defined in this Article.
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Samples: Agreement, www.lrl.mn.gov, Agreement