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.
Supplemental Life Insurance. Employees exercising the option to purchase supplemental life insurance may do so in $5,000 increments not to exceed $20,000 in coverage.
Supplemental Life Insurance. The Company will provide the Executive with additional term life insurance to supplement the group coverage provided to all employees of the Company, the cost of this policy to be paid by the Company with the Executive responsible for the personal income tax consequences of the additional benefit. The Company provides a group plan with a death benefit equal to three and one-half times Base Salary with a maximum benefit of $300,000.00. The additional term life insurance provided under this agreement is a supplement to the group term life insurance provided to all employees to. provide an overall benefit to the Executive equal to three and one-half times Base Salary without a benefit cap.
Supplemental Life Insurance. The District offers an optional supplemental life plan for employees and dependents, at the employee’s expense.
Supplemental Life Insurance. Employees may purchase on a voluntary basis, additional life coverage through post-tax payroll deductions in twenty five thousand dollar ($25,000) increments, starting at twenty five thousand dollar ($25,000), up to a maximum of two hundred thousand dollars ($200,000). Coverage and premium rates will be determined by the insurance carrier.
Supplemental Life Insurance. The Board will make available, provided an insurance company is willing to write, group supplemental life insurance covering the teacher, teacher’s spouse and/or children. The premium for this coverage shall be paid by the teacher.
Supplemental Life Insurance. The Company will provide Executive with --------------------------- supplemental group term life insurance coverage of $500,000 during the Period of Coverage.
Supplemental Life Insurance. Employees may purchase, at their expense and through payroll deduction, additional life insurance from the College vendor for life insurance. Terms and conditions of such supplemental life insurance are determined by the carrier.
Supplemental Life Insurance. Voluntary employee supplemental life insurance may be purchased on a pre-tax basis through payroll deductions by the eligible employees. Voluntary employee supplemental life insurance is subject to premium costs, eligibility requirements, evidence of insurability, age limitations, coverage exclusions, conversion rights, and all other provisions set forth in the plan document.
Supplemental Life Insurance. The Employer will provide arrangements for employees to purchase additional amounts of life insurance.
