Optional Supplemental Life Insurance Sample Clauses

Optional Supplemental Life Insurance. 26 Except as the parties may otherwise agree pursuant to any Letter of Understanding, as well as any 27 changes required by applicable law, all provisions of Optional Supplemental Life Insurance plan 28 currently in place are to remain unchanged. 29 30 Company Paid Short Term Disability 32 Except as the parties may otherwise agree pursuant to any Letter of Understanding, as well as any 33 changes required by applicable law, all provisions of STD plan currently in place are to remain 34 unchanged. 35 36 Company Paid Long Term Disability 37 38 Except as the parties may otherwise agree pursuant to any Letter of Understanding, as well as any changes 39 required by applicable law, all provisions of LTD plan currently in place are to remain unchanged. 41 Employees shall be able to use ETO to supplement the LTD payments to bring the employee back up 42 to 100% of the pre-disability salary.
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Optional Supplemental Life Insurance. 35 36 Except as the parties may otherwise agree pursuant to any Letter of Understanding, as well as any changes 37 required by applicable law, all provisions of Optional Supplemental Life Insurance plan currently in place 38 are to remain unchanged. 39 40 Company Paid Short Term Disability 41 Except as the parties may otherwise agree pursuant to any Letter of Understanding, as well as any changes 42 required by applicable law, all provisions of STD plan currently in place are to remain unchanged.
Optional Supplemental Life Insurance. Optional Supplemental Term Life insurance for employee only of fifty thousand dollars ($50,000) may be purchased at the employee’s expense at the same rate as paid by the School Corporation.
Optional Supplemental Life Insurance. 17 Except as the parties may otherwise agree pursuant to any Letter of Understanding, as well as any changes 18 required by applicable law, all provisions of Optional Supplemental Life Insurance plan currently in place are to 19 remain unchanged.

Related to Optional Supplemental Life Insurance

  • Supplemental Life Insurance In addition to the life insurance benefits provided by this agreement, employees may subscribe voluntarily and at their own expense for supplemental life insurance. Employees may subscribe for an amount not to exceed five hundred thousand dollars ($500,000), of which one hundred thousand ($100,000) is a guaranteed issue, provided the election is made within the required enrollment periods.

  • Optional Group Life Insurance Subject to the provisions of the Plan, eligible employees shall be entitled to purchase optional Group Life Insurance coverage in units of ten thousand dollars ($10,000) up to a maximum of two hundred and fifty thousand dollars ($250,000). The employee shall pay one hundred percent (100%) of the premiums for the optional coverage.

  • Optional Life Insurance The State shall make available optional term-life insurance to employees. The cost will be paid by the employee on a payroll deduction basis. The available coverage will be at least two (2) times the employee’s salary. No evidence of insurability will be required if an adequate number of employees participate. The State will explore smoker/non-smoker rates and spousal coverage.

  • 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."

  • Additional Life Insurance All eligible employees shall be permitted to purchase term life insurance in addition to the amount provided by the Board in paragraph C. of this Article.

  • Retiree Life Insurance Employees who retire under the Monroe County Employees' Retirement System shall be eligible for $4,000.00 term life insurance. All employees hired by the Employer on or after October 1, 2007 shall not be eligible for Retiree Life Insurance.

  • Group Term Life Insurance The School District will pay the full premium for each $1,000 of coverage for group term life insurance. The amount of life insurance provided will be $20,000, subject to the conditions of the carrier.

  • Group Life Insurance The Hospital shall contribute one hundred percent (100%) toward the monthly premium of HOOGLIP or other equivalent group life insurance plan in effect for eligible full-time employees in the active employ of the Hospital on the eligibility conditions set out in the existing Agreements.

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

  • Group Life Insurance Plan Section 1 - Eligibility Regular full-time and regular part-time employees who are on staff January 1, 1979 or who join the staff following this date shall, upon completion of the three-month probationary period, become members of the Group Life Insurance Plan as a condition of employment.

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