Common use of Optional Group Life Insurance Clause in Contracts

Optional Group Life Insurance. (i) In addition to the Basic Group Life Insurance Plan under Article 47.4 (a), a Member may elect insurance in multiples of $25,000 up to a combined maximum (Basic and Optional) of $200,000. The Member shall pay the full premium cost for the amount of the Optional Group Life Insurance through payroll deduction. (ii) A Member hired after the ratification date must, in writing, subscribe and authorize payroll deduction for the Optional Group Life Insurance in order to be covered under the Optional Group Life Insurance Plan. (iii) A Member on leave of absence must, in writing, subscribe for and authorize payroll deduction for Optional Group Life Insurance within thirty-one (31) days of return to employment in order to be covered under the Optional Group Life Insurance Plan. (iv) A Member not subscribing for the Optional Group Life Insurance within the time limits above may apply for coverage at a later date by making written application authorizing appropriate payroll deduction and providing evidence of insurability satisfactory to the Insurance Company. The Optional Group Life Insurance will be effective on the first day of the month following approval of the evidence of insurability by the carrier. (v) Member may decide, in writing at any time, to cancel Optional Group Life Insurance. Such cancellation will be effective on the first (1st) day of the month following receipt by the Board of the request for cancellation. (vi) A Member must be actively at work on the effective date of Optional Group Life Insurance. If a Member is not actively at work on the effective date, Optional Group Life Insurance will commence on the date the Member returns to work on a regular basis. 47.5 The Optional Dependent's Group Life Insurance will be increased for those Members who are presently covered to provide - $25,000 - spouse; $10,000 - each dependent child. The Member shall pay the full premium cost for such coverage. 47.6 The full amount of the E.I. Rebate shall accrue to the credit of the Board as in the past.

Appears in 4 contracts

Samples: Collective Agreement, Collective Agreement, Collective Agreement

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Optional Group Life Insurance. (i) In addition to the Basic Group Life Insurance Plan under Article 47.4 (a), a Member may elect insurance in multiples of $25,000 up to a combined maximum (Basic and Optional) of $200,000. The Member shall pay the full premium cost for the amount of the Optional Group Life Insurance through payroll deduction. (ii) A Member hired after the ratification date must, in writing, subscribe and authorize payroll deduction for the Optional Group Life Insurance in order to be covered under the Optional Group Life Insurance Plan. (iii) A Member on leave of absence must, in writing, subscribe for and authorize payroll deduction for Optional Group Life Insurance within thirty-one (31) days of return to employment in order to be covered under the Optional Group Life Insurance Plan. (iv) A Member not subscribing for the Optional Group Life Insurance within the time limits above may apply for coverage at a later date by making written application authorizing appropriate payroll deduction and providing evidence of insurability satisfactory to the Insurance Company. The Optional Group Life Insurance will be effective on the first day of the month following approval of the evidence of insurability by the carrier. (v) Member may decide, in writing at any time, to cancel Optional Group Life Insurance. Such cancellation will be effective on the first (1st) day of the month following receipt by the Board of the request for cancellation. (vi) A Member must be actively at work on the effective date of Optional Group Life Insurance. If a Member is not actively at work on the effective date, Optional Group Life Insurance will commence on the date the Member returns to work on a regular basis. 47.5 The Optional Dependent's Group Life Insurance will be increased for those Members who are presently covered to provide - $25,000 - spouse; $10,000 - each dependent child. The Member shall pay the full premium cost for such coverage. 47.6 The full amount of the E.I. Rebate shall accrue to the credit of the Board as in the past.

Appears in 3 contracts

Samples: Collective Agreement, Collective Agreement, Collective Agreement

Optional Group Life Insurance. (i) In addition to the Basic Group Life Insurance Plan under Article 47.4 40.04 (a), a Member may elect insurance in multiples of $25,000 up to a combined maximum (Basic and Optional) of $200,000. The Member shall pay the full premium cost for the amount of the Optional Group Life Insurance through payroll deduction. (ii) A Member An employee hired after the ratification date must, in writing, subscribe and authorize payroll deduction for the Optional Group Life Insurance in order to be covered under the Optional Group Life Insurance Plan. (iii) A Member An employee on leave of absence must, in writing, subscribe for and authorize payroll deduction for Optional Group Life Insurance within thirty-one (31) days of return to employment in order to be covered under the Optional Group Life Insurance Plan. (iv) A Member An employee not subscribing for the Optional Group Life Insurance within the time limits above may apply for coverage at a later date by making written application authorizing appropriate payroll deduction and providing evidence of insurability satisfactory to the Insurance Company. The Optional Group Life Insurance will be effective on the first day of the month following approval of the evidence of insurability by the carrier. (v) Member An employee may decide, in writing at any time, to cancel Optional Group Life Insurance. Such cancellation will be effective on the first (1st) day of the month following receipt by the Board of the request for cancellation. (vi) A Member An employee must be actively at work on the effective date of Optional Group Life Insurance. If a Member an employee is not actively at work on the effective date, Optional Group Life Insurance will commence on the date the Member returns to work on a regular basis. 47.5 40.05 The Optional Dependent's Group Life Insurance will be increased for those Members who are presently covered to provide - $25,000 - spouse; $10,000 - each dependent child. The Member shall pay the full premium cost for such coverage. 47.6 40.06 The full amount of the E.I. Rebate shall accrue to the credit of the Board as in the past.

Appears in 2 contracts

Samples: Collective Bargaining Agreement, Collective Bargaining Agreement

Optional Group Life Insurance. (i) In addition to the Basic Group Life Insurance Plan under Article 47.4 40.04 (a), a Member Employee may elect insurance in multiples of $25,000 up to a combined maximum (Basic and Optional) of $200,000. The Member Employee shall pay the full premium cost for the amount of the Optional Group Life Insurance through payroll deduction. (ii) A Member An employee hired after the ratification date must, in writing, subscribe and authorize payroll deduction for the Optional Group Life Insurance in order to be covered under the Optional Group Life Insurance Plan. (iii) A Member An employee on leave of absence must, in writing, subscribe for and authorize payroll deduction for Optional Group Life Insurance within thirty-one (31) days of return to employment in order to be covered under the Optional Group Life Insurance Plan. (iv) A Member An employee not subscribing for the Optional Group Life Insurance within the time limits above may apply for coverage at a later date by making written application authorizing appropriate payroll deduction and providing evidence of insurability satisfactory to the Insurance Company. The Optional Group Life Insurance will be effective on the first day of the month following approval of the evidence of insurability by the carrier. (v) Member An employee may decide, in writing at any time, to cancel Optional Group Life Insurance. Such cancellation will be effective on the first (1st) day of the month following receipt by the Board of the request for cancellation. (vi) A Member An employee must be actively at work on the effective date of Optional Group Life Insurance. If a Member an employee is not actively at work on the effective date, Optional Group Life Insurance will commence on the date the Member Employee returns to work on a regular basis. 47.5 40.05 The Optional Dependent's Group Life Insurance will be increased for those Members Employees who are presently covered to provide - $25,000 - spouse; $10,000 - each dependent child. The Member Employee shall pay the full premium cost for such coverage. 47.6 40.06 The full amount of the E.I. Rebate shall accrue to the credit of the Board as in the past.

Appears in 1 contract

Samples: Collective Agreement

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Optional Group Life Insurance. (i) In addition to the Basic Group Life Insurance Plan under Article 47.4 L47.4 (a), a Member may elect insurance in multiples of $25,000 up to a combined maximum (Basic and Optional) of $200,000. The Member shall pay the full premium cost for the amount of the Optional Group Life Insurance through payroll deduction. (ii) A Member hired after the ratification date must, in writing, subscribe and authorize payroll deduction for the Optional Group Life Insurance in order to be covered under the Optional Group Life Insurance Plan. (iii) A Member on leave of absence must, in writing, subscribe for and authorize payroll deduction for Optional Group Life Insurance within thirty-one (31) days of return to employment in order to be covered under the Optional Group Life Insurance Plan. (iv) A Member not subscribing for the Optional Group Life Insurance within the time limits above may apply for coverage at a later date by making written application authorizing appropriate payroll deduction and providing evidence of insurability satisfactory to the Insurance Company. The Optional Group Life Insurance will be effective on the first day of the month following approval of the evidence of insurability by the carrier. (v) Member may decide, in writing at any time, to cancel Optional Group Life Insurance. Such cancellation will be effective on the first (1st) day of the month following receipt by the Board of the request for cancellation. (vi) A Member must be actively at work on the effective date of Optional Group Life Insurance. If a Member is not actively at work on the effective date, Optional Group Life Insurance will commence on the date the Member returns to work on a regular basis. 47.5 The Optional Dependent's Group Life Insurance will be increased for those Members who are presently covered to provide - $25,000 - spouse; $10,000 - each dependent child. The Member shall pay the full premium cost for such coverage. 47.6 The full amount of the E.I. Rebate shall accrue to the credit of the Board as in the past.

Appears in 1 contract

Samples: Collective Agreement

Optional Group Life Insurance. (i) In addition to the Basic Group Life Insurance Plan under Article 47.4 37.04 (a), a Member may elect insurance in multiples of $25,000 up to a combined maximum (Basic and Optional) of $200,000. The Member shall pay the full premium cost for the amount of the Optional Group Life Insurance through payroll deduction. (ii) A Member An employee hired after the ratification date must, in writing, subscribe and authorize payroll deduction for the Optional Group Life Insurance in order to be covered under the Optional Group Life Insurance Plan. (iii) A Member An employee on leave of absence must, in writing, subscribe for and authorize payroll deduction for Optional Group Life Insurance within thirty-one (31) days of return to employment in order to be covered under the Optional Group Life Insurance Plan. (iv) A Member An employee not subscribing for the Optional Group Life Insurance within the time limits above may apply for coverage at a later date by making written application authorizing appropriate payroll deduction and providing evidence of insurability satisfactory to the Insurance Company. The Optional Group Life Insurance will be effective on the first day of the month following approval of the evidence of insurability by the carrier. (v) Member An employee may decide, in writing at any time, to cancel Optional Group Life Insurance. Such cancellation will be effective on the first (1st) day of the month following receipt by the Board of the request for cancellation. (vi) A Member An employee must be actively at work on the effective date of Optional Group Life Insurance. If a Member an employee is not actively at work on the effective date, Optional Group Life Insurance will commence on the date the Member returns to work on a regular basis. 47.5 37.05 The Optional Dependent's Group Life Insurance will be increased for those Members who are presently covered to provide - $25,000 - spouse; $10,000 - each dependent child. The Member shall pay the full premium cost for such coverage. 47.6 37.06 The full amount of the E.I. Rebate shall accrue to the credit of the Board as in the past.

Appears in 1 contract

Samples: Collective Bargaining Agreement

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