Optional Life. In addition, any employee covered by this agreement may purchase up to an additional $250,000 of life insurance in increments of $10,000 or such increments and under such conditions specified by the carrier by paying their premium as calculated by the carrier for such additional coverage provided the carrier agrees to underwrite added coverage
Optional Life. An extra band of coverage shall be added for age 65-70.
Optional Life. 13.1.4.2 Optional Short/Long Term Disability
Optional Life insurance (for employee and/or spouse) The Employee agrees to pay one hundred percent (100%) of the billed premium. Employees may apply for these benefits.
Optional Life you may elect to change the level of your Optional Life Insurance coverage without evidence of health when any change in marital status takes place or when you acquire a dependent provided you make application within 31 days of the date of the change • you may elect to increase or apply for new coverage for any other reason, however, evidence of health is required and is subject to approval of the insurance carrier • you may elect to decrease or cancel coverage at any time Dependent Life • there is not an option to change the level of coverage as outlined above in the “Changes in Amounts of Coverage” section • you may elect to cancel your coverage at any time Optional Spousal Life • additional coverage on your spouse is available in increments of $25,000 to a maximum benefit of $500,000 • you may elect to increase or apply for new coverage for any reason, however, evidence of health on your spouse is required and is subject to approval of the insurance carrier • you may elect to decrease or cancel coverage at any time
Optional Life. All regular employees and their spouses shall have access to British Columbia Life & Casualty Company’s Optional Life & Spousal Benefits coverage. The cost of such coverage shall be borne one hundred percent (100%) by the employee with deductions from monthly payroll.
Optional Life. Optional life insurance allows you to choose additional coverage for yourself and your spouse. Check the benefit summary for the amount of optional life insurance available. When you apply for optional life insurance, you must provide proof of your insurability, and your application must be approved by the insurance company. If you, or your spouse, die within two (2) years after applying for optional life insurance, the insurance company has the right to verify any medical information you or your spouse provided. If any inconsistencies are discovered, the claim will be denied and any premiums paid will be refunded. You may name a beneficiary for your optional life insurance and change that beneficiary at any time by completing a form available from your Employer. On your death, the insurance company will pay your life insurance to your beneficiary. If your spouse dies you will be paid the amount for which he or she was insured. Your Employer will explain the claim requirements. • If you are approved for waiver of premium on your basic life insurance, any optional life insurance for yourself or your spouse will also continue without premium payment as long as your basic life insurance continues but not beyond the date your optional insurance would otherwise terminate. • If you or your spouse’s optional life insurance terminates, you or your spouse may be eligible to apply for an individual conversion policy without providing proof of insurability. You must apply and pay the first premium no later than thirty-one (31) days after your group insurance terminates. See your Employer for details. • Your optional life insurance terminates when you reach age sixty-five (65). Your spouse’s coverage terminates at the same time, or when he or she reaches age sixty-five (65) or is no longer your spouse, whichever comes first.
Optional Life. Members of the Bargaining Unit who are enrolled in the Group Life Insurance Plan may purchase Dependent Life Insurance in units of to a maximum of Such coverage will be at the member’s expense and at the group rate. Amounts and insurability will be at the sole discretion of the insurance carrier. Dental and Extended Health Plans will be provided as follows: Dental Plan I The Board will contribute of the premium cost of the plan as follows: Preventative Services (includes examinations, x-rays, fillings, extractions, oral surgery, polishing, scaling, fluoride treatments, periodontal treatment, endodontics, denture relines and repairs, space pit and fissure sealants) -no deductible -No calendar year maximum Guide -Recall frequency months Adult months (under age) The Board will contribute of the premium cost of the Plan. Extended Health coverage will include: -First of dispensing fee paid by -Expenses include but are not limited to: -pay direct drugs covered including those legally requiring a written prescription and certain life sustaining medication. Generic Substitution applies unless physician indicated “no ion” -Smoking Cessation life time -Fertility Drug maximum life time (Drug Formulary 3) -Vision Care per period Practitioners (Chiropractor, Physiotherapist, Podiatrist. Naturopath, Speech Therapist, Xxxxxxx, Psychologist) limited to per visit and per twelve month period I Accommodation capped at per day -Private Nursing per twelve month period -Hearing Aids per month period Out of Medical lifetime maximum for not available in Canada and with prior approval of Insurance of Country Emergency Medical reasonable and customary expenses IS Disability will contribute of the premium cost. Insurability and eligibility to receive this benefit will be determined by the Carrier. The parties agree that the Board is not responsible in the event that the insurer determines a member is ineligible for Long Term Disability. The plan includes the following: owned plan -administered by the Board mandatory for new members -availability of benefit subject to insurance carrier approval and not responsibility of the Board -elimination period for benefits of not more than one twenty ( 120) calendar days -plan outlined in Collective Agreement Once the plan is established no changes will be made during the collective agreement except by mutual consent. t Board agrees to reinstate, with all seniority rights, a returning a period of Long Term Disability, at an appropriate, mutuall...
Optional Life. All regular employees and their spouses shall have access to Pacific Blue Cross’s Optional Life & Spousal Benefits coverage up to a maximum of three hundred thousand ($300,000). The cost of such coverage shall be borne one hundred percent (100%) by the employee with deductions from monthly payroll.
Optional Life a. The Company shall contract with a vendor to offer optional life insurance coverage.
