Common use of Short-Term Salary Indemnity Clause in Contracts

Short-Term Salary Indemnity. Short-Term Salary Indemnity coverage is provided in accordance with the terms of the contract with the insuring company on the following general basis: Amount of benefit -- 70% of salary to a maximum of $1000 per week. Duration of benefit -- 52 weeks Benefit effective -- upon expiration of sick leave or ten (10) working days, whichever last occurs. The premium cost of salary indemnity coverage shall be borne entirely by the College.

Appears in 4 contracts

Samples: Agreement, Agreement, Agreement

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