Common use of Optional Life Insurance Clause in Contracts

Optional Life Insurance. Subject to the approval of the insurance carrier, optional life insurance shall be available in units of $25,000 to a maximum of $250,000 provided that the employee pays 100% of the premium costs.

Appears in 13 contracts

Samples: The Agreement, The Agreement, The Agreement

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Optional Life Insurance. Subject The Employer agrees to the approval of the insurance carrier, optional life insurance shall make Optional Life Insurance available to employees to be available purchased in units of $25,000 25,000.00 to a maximum of $250,000 provided that 200,000.00 at no cost to the employee pays 100% Employer and subject to the provisions of the premium costscarrier.

Appears in 3 contracts

Samples: Collective Agreement, Collective Agreement, Collective Agreement

Optional Life Insurance. Subject The Board agrees to the approval of the insurance carrier, optional life insurance shall make Optional Life Insurance available to employees to be available purchased in units of $25,000 to a maximum of $250,000 provided that 200,000 at no cost to the employee pays 100% Board and subject to the provisions of the premium costscarrier.

Appears in 3 contracts

Samples: Collective Agreement, Collective Agreement, Collective Agreement

Optional Life Insurance. Subject to the approval of the insurance carrier, optional life insurance shall be available in units of $25,000 10,000 to a maximum of $250,000 200,000 provided that the employee pays 100% of the premium costs.

Appears in 2 contracts

Samples: Collective Agreement, Collective Agreement

Optional Life Insurance. Subject Employees, at their option, may apply for optional life insurance in increments of ten thousand dollars ($10,000.00) up to a maximum of two hundred thousand dollars ($200,000.00) on the approval of the insurance carrier, optional life insurance shall be available in units of $25,000 to a maximum of $250,000 provided that . The Employee pays the employee pays 100% of the full premium costsfor this coverage through payroll deductions.

Appears in 2 contracts

Samples: Collective Bargaining Agreement, Collective Bargaining Agreement

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Optional Life Insurance. Subject to the approval of the insurance carrier, optional optiona l life insurance shall be available in units of $25,000 to a maximum of $250,000 provided that the employee pays 100% of the premium costs.

Appears in 1 contract

Samples: The Agreement

Optional Life Insurance. Subject to the approval of the insurance carrier, optional Optional life insurance shall be available in units multiples of $25,000 10,000 from a minimum of $10,000 to a maximum of $250,000 100,000. The cost of this coverage will be entirely paid by the employee, provided that the Company will make the coverage available to employees at group rates if this can be done without any cost to the Company. An employee pays 100% can request coverage or increase his current coverage by submitting the required proof of insurability to the Insurer. Upon approval by the insurance of the premium costsrequested coverage, premiums will be deducted directly from the employee's salary.

Appears in 1 contract

Samples: Labor Agreement (American Tissue Inc)

Optional Life Insurance. Subject Employees, at their option, may apply for optional life insurance in increments of Ten Thousand ($10,000.00) Dollars up to a maximum of Two Hundred Thousand ($200,000.00) Dollars on the approval of the insurance carrier, optional life insurance shall be available in units of $25,000 to a maximum of $250,000 provided that . The Employee pays the employee pays 100% of the full premium costsfor this coverage through payroll deductions.

Appears in 1 contract

Samples: Collective Bargaining Agreement

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