Common use of Supplemental Long Term Disability Insurance Clause in Contracts

Supplemental Long Term Disability Insurance. The Company will provide the Executive with a long-term disability policy to supplement the group coverage provided to all employees of the Company. The group coverage provides a benefit equal to two-thirds of Base Salary with a maximum benefit of $6,000.00 per month. The supplemental long-term disability insurance will wrap the current group policy to provide an overall benefit to the Executive equal to two-thirds of Base Salary without a benefit cap. The cost of this benefit to be paid by the Company.

Supplemental Long Term Disability Insurance. The Company will provide the Executive with a long-term disability policy to supplement the group coverage provided to all employees of the Company. The group coverage provides a benefit equal to two-thirds of Base Salary with a maximum benefit of $6,000.00 10,000.00 per month. The supplemental long-term disability insurance will wrap the current group policy to provide an overall benefit to the Executive equal to two-thirds of Base Salary without a benefit cap. The cost of this benefit to be paid by the Company.