Optional Accident Insurance Sample Clauses

Optional Accident Insurance. Transferred Employees as of the Employment Date shall be eligible for coverage through the Ford Optional Accident Insurance Program effective as of the Employment Date. Transferred Employees with coverage under the Visteon Optional Accident Insurance Program shall be eligible for coverage in approximately the same amount as was available under the Visteon plan and shall be required to execute a new beneficiary designation form as required by Ford's plan administrator. In the event of a death prior to receipt of a new beneficiary designation form, Ford shall use the last beneficiary form of record under the Visteon Optional Accident Insurance Program.
Sample 1
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Optional Accident Insurance. Effective as of the Employment Date, Active and Inactive Visteon Employees who are Transferred Employees transferred to ACH shall be eligible for coverage through the Ford salaried employee optional accident plan. Active and Inactive Visteon Employees who are Transferred Employees transferred to ACH with coverage under the Visteon optional accident insurance program shall be eligible for coverage in a corresponding amount as was available under the Visteon plan and shall be required to execute a new beneficiary designation form as required by Ford’s plan administrator. In the event of a death prior to receipt of a new beneficiary designation form, the last beneficiary form of record under the Visteon optional accident insurance program shall be used. Visteon shall provide such beneficiary forms upon ACH's request. Supplemental Employees shall not be eligible for benefits under the Ford salaried employee optional accident plan.
Sample 1

Related to Optional Accident Insurance

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

  • Life Insurance Policy In addition to the insurance coverage contemplated by Section 4(e), during the Employment Term the Company shall maintain in effect term life insurance coverage for the Executive with a death benefit of at least Five Hundred Thousand Dollars ($500,000), subject to the Executive's insurability at standard rates and with the beneficiary or beneficiaries, thereof designated by the Executive. Notwithstanding Section 9 of this Agreement, such life insurance policy or policies may be assigned to a trust for the benefit of any beneficiary designated by the Executive.

  • Life Insurance Policies If any Debtor, now or any time hereafter, is the beneficiary of a “key man life insurance policy”, it shall promptly notify the Agent thereof, provide the Agent with a true and correct list of the Persons insured, the name and address of the insurance company providing the coverage, the amount of such insurance and the policy number, and, unless otherwise waived by the Agent in writing, take such actions as Agent may deem necessary or the Agent shall deem reasonably desirable to collaterally assign policy to the Agent for the benefit of the Lenders.

  • FIRE INSURANCE The LESSEE shall not permit any use of the leased premises which will make voidable any insurance on the property of which the leased premises are a part, or on the contents of said property or which shall be contrary to any law or regulation from time to time established by the New England Fire Insurance Rating Association, or any similar body succeeding to its powers. The LESSEE shall on demand reimburse the LESSOR, and all other tenants, all extra insurance premiums caused by the LESSEE's use of the premises.

  • Standard Hazard Insurance and Flood Insurance Policies (a) For each Mortgage Loan, the Master Servicer shall enforce any obligation of the Servicers under the related Servicing Agreements to maintain or cause to be maintained standard fire and casualty insurance and, where applicable, flood insurance, all in accordance with the provisions of the related Servicing Agreements. It is understood and agreed that such insurance shall be with insurers meeting the eligibility requirements set forth in the applicable Servicing Agreement and that no earthquake or other additional insurance is to be required of any Mortgagor or to be maintained on property acquired in respect of a defaulted loan, other than pursuant to such applicable laws and regulations as shall at any time be in force and as shall require such additional insurance.

  • Term Life Insurance The Employer will maintain and make available to full-time and part-time employees, the current term life insurance plan as set forth in the document "Summary of Health Benefits, Maryland State Employees."

  • 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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