Senior insurance Sample Clauses

Senior insurance. A group member, insured and coinsured who have been covered by Life Insurance and/or Accidental Death and Dismemberment Insurance and/or Private medical insurance PrivatAccess, under group scheme or continuation insurance with Euro Accident for at least six*) months, is entitled to apply for senior insurance in conjunction with withdrawal from the group scheme agreement or attaining the termination age under the continuation insurance. *) A period during which the insured was insured with the same or similar cover under a group scheme insurance with the immediately preceding insurer, may be included provided that the term of such insurance links immediately and without interruption to the term of the current insurance. This applies subject to the precondition that the insured is covered by a group scheme agreement which has been converted from another insurer and not when an individual insured has changed insurer. The withdrawal shall be due to either the group member’s old age or collectively agreed pension or at the latest upon attaining the termination age for the group scheme agreement. Even coinsured shall withdraw from the group when the group member attains the termination age for the group scheme agreement. In those cases where the insured, who has been covered by Private medical insurance PrivatAccess according to the above, has had a coinsured child aged under 25, there is a possibility to also co-insure children aged under 25 under the senior insurance. The insurance for a co-insured child applies in this case at most up to and including the end of the month in which the co-insured attains the age of 25. The application for senior insurance shall be made at the latest within three months from the date the group scheme or continuation insurance ceased to apply. Senior insurance is applied for without health status review. Senior insurance applies to the conditions, premiums and other rules applicable at that time.
Sample 1
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Senior insurance. A group member, insured and coinsured who have been covered by Private medical insurance PrivatAccess, under group scheme or continuation insurance with Euro Accident for at least six*) months, is entitled to apply for senior insurance in conjunction with withdrawal from the group scheme agreement or attaining the termination age under the continuation insurance. *) A period during which the insured was insured with the same or similar cover under a group scheme insurance with the immediately preceding insurer, may be included provided that the term of such insurance links immediately and without interruption to the term of the current insurance. This applies subject to the precondition that the insured is covered by a group scheme agreement which has been converted from another insurer and not when an individual insured has changed insurer. The withdrawal shall be due to either the group member’s old age or collectively agreed pension or at the latest upon attaining the termination age for the group scheme agreement. Even coinsured shall withdraw from the group when the group member attains the termination age for the group scheme agreement. In those cases where the insured, who has been covered by Private medical insurance PrivatAccess according to the above, has had a coinsured child aged under 25, there is a possibility to also co-insure children aged under 25 under the senior insurance. The insurance for a co-insured child applies in this case at most up to and including the end of the month in which the co-insured attains the age of 25. The application for senior insurance shall be made at the latest within three months from the date the group scheme or continuation insurance ceased to apply. Senior insurance is applied for without health status review. Senior insurance applies to the conditions, premiums and other rules applicable at that time.
Sample 1

Related to Senior insurance

  • Contractor Insurance All insurance shall be procured from companies authorized to do business in the State of Florida, with a minimum of A.M. Best rating of A, or equivalent. Proof of coverage shall be provided by submitting to the University’s Risk Management Office a certificate or certificates, evidencing the existence thereof or insurance binders and shall be delivered within fifteen (15) days of the tentative award date of the Agreement. In the event a binder is delivered, it shall be replaced within thirty (30) days by a certificate in lieu thereto. A renewal certificate shall be delivered to the University’s Risk Management Office at least thirty (30) days prior to the expiration date of each expiring policy. The University, at its sole discretion, has the right to deviate from any of the insurance requirements herein. If the University decides to deviate from the insurance requirements stated herein, the University will inform the Contractor in writing.

  • Certificate of Insurance Contractor must provide a Certificate of Insurance form to the City of Sparks to evidence the insurance policies and coverage required of Contractor.

  • Certificate of Insurer – Insurance Coverage Concurrently with any delivery of financial statements under Section 8.01(a), a certificate of insurance coverage from each insurer with respect to the insurance required by Section 8.07, in form and substance satisfactory to the Administrative Agent, and, if requested by the Administrative Agent or any Lender, all copies of the applicable policies.

  • Subcontractor Insurance In accord with Good Utility Practice, each Interconnected Entity shall require each of its subcontractors to maintain and provide evidence of insurance coverage of types, and in amounts, commensurate with the risks associated with the services provided by the subcontractor. Bonding of contractors or subcontractors shall be at the hiring Interconnected Entity’s discretion, but regardless of bonding, the hiring principal shall be responsible for the performance or non- performance of any contractor or subcontractor it hires.

  • Retiree Insurance Retired employees and their dependents shall be entitled to continued coverage under the district sponsored group health insurance program, provided the retired employee makes written application with the clerk of the board of education for such continued coverage within thirty (30) days following the retirement of the employee. Retired employees electing continued coverage shall be required to make the monthly premium payment for such continued coverage in advance of the due date of the premium to the carrier. The premium amount will be determined by the carrier. Such payment shall be made to the Board of Education or directly to the insurance carrier, as may be determined by the board. The coverage under the group health-care benefits will cease at such time as (1) the retired employee attains eligibility for Medicare, (2) the retired employee fails to make the required premium payments on a timely basis, or (3) the retired employee becomes covered or is eligible to be covered under a group plan of another employer. For purposes of this provision, retired means those employees who have terminated employment and are receiving a retirement or disability benefit from K.P.E.R.S.

  • Period of Insurance Period of insurance means the period shown as such on the e-certificate and validation card, which time is taken as Greenwich Mean Time unless otherwise stated.

  • Insurance The Company and the Subsidiaries are insured by insurers of recognized financial responsibility against such losses and risks and in such amounts as are prudent and customary in the businesses in which the Company and the Subsidiaries are engaged, including, but not limited to, directors and officers insurance coverage. Neither the Company nor any Subsidiary has any reason to believe that it will not be able to renew its existing insurance coverage as and when such coverage expires or to obtain similar coverage from similar insurers as may be necessary to continue its business without a significant increase in cost.

  • Dental Insurance The State agrees to pay one hundred percent (100%) of the employee premium of a dental insurance program for full-time employees. The benefit levels of this program shall provide one hundred percent (100%) coverage for preventive care and eighty percent (80%) coverage for general service care. The State agrees to provide payroll deduction for dental insurance, provided such arrangements are agreed to by the insurance carrier. Dependent coverage will be available provided there is sufficient employee participation in the dental insurance program. Dependent coverage will be at the employees' expense.

  • Certificates of Insurance Prior to commencing under this Contract, Supplier must furnish to Sourcewell a certificate of insurance, as evidence of the insurance required under this Contract. Prior to expiration of the policy(ies), renewal certificates must be mailed to Sourcewell, 000 00xx Xxxxxx Xxxxxxxxx, X.X. Box 219, Staples, MN 56479 or sent to the Sourcewell Supplier Development Administrator assigned to this Contract. The certificates must be signed by a person authorized by the insurer(s) to bind coverage on their behalf. Failure to request certificates of insurance by Sourcewell, or failure of Supplier to provide certificates of insurance, in no way limits or relieves Supplier of its duties and responsibilities in this Contract.

  • Group Dental Insurance Not available to part-time Station Attendants. Group insurance coverage for temporary full-time employees will be in accordance with XXX #1. Such benefits, once established, are retained even if an employee's status reverts back to part-time, providing that employment has been continuous.

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