Sickness and Accident Insurance. The Employer shall obtain and pay the required premiums for sickness and accident insurance for full-time employees covered by this Agreement. This coverage shall become effective following completion of the probationary period. Employees who are eligible under the insurer's rules and regulations shall receive from the Employer's insurance carrier, weekly indemnity payments consisting of seventy percent (70%) of their normal weekly straight-time wages. These benefits shall be payable from the first (1st) day of hospitalization or disability due to accident and eighth (8th) day of sickness, for a period of twenty-six (26) weeks for any one period of disability. Employees are not entitled to this benefit for any disability for which they may be entitled to indemnity or compensation under the Employer's retirement plan, the Social Security Act or any worker's compensation.
Appears in 7 contracts
