Supplemental Group Life Insurance Plan Sample Clauses

Supplemental Group Life Insurance Plan. Each unit member may purchase additional group term life insurance in incre- ments of two (2) or four (4) multiples of the unit member’s annual salary rounded to the nearest $1,000 up to a maximum of $200,000 (with medical approval) of additional coverage. Specific eligibility requirements and benefit coverage shall be in accordance with the master plan administered by the District.
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Supplemental Group Life Insurance Plan. Each unit member may purchase additional group term life insurance in increments of two

Related to Supplemental Group Life Insurance Plan

  • 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.

  • Group Term Life Insurance The School District will pay the full premium for each $1,000 of coverage for group term life insurance for all full-time teachers who qualify for and enroll in the existing group term life insurance plan of the School District. Full-time teachers who qualify and enroll will be insured with $50,000 of group term life insurance.

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

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