Common use of Supplemental Life Insurance Clause in Contracts

Supplemental Life Insurance. Employees may enroll on an annual basis for additional life insurance in increments of $10,000 to a maximum of $300,000 on a payroll deduction plan. Employees may apply for dependent life insurance coverage on a payroll deduction plan.

Supplemental Life Insurance. Employees may enroll on an annual basis during open enrollment each year for additional life insurance in increments the amount of $10,000 to a maximum of 10,000, $300,000 20,000, $40,000 or $80,000 on a payroll deduction plan. Employees may apply for dependent This applies only to permanent employees working three-quarters time (30 hours or more per week). Employee shall have this option of purchasing life insurance coverage on a payroll deduction planfor their spouses through the School District’s plan during open enrollment. All supplemental premiums shall be paid by the employee.

Supplemental Life Insurance. Employees may enroll on an annual basis for additional Additional life insurance in increments equal to one or two times the employee’s base salary is available to employees who qualify under this Section up to a limit of $10,000 to a maximum 200,000 (two hundred thousand). The entire cost of $300,000 on a payroll deduction plan. Employees may apply for dependent life such insurance coverage on a payroll deduction planshall be borne by the employee.