Common use of SUPPLEMENTARY AND DEPENDENT LIFE INSURANCE Clause in Contracts

SUPPLEMENTARY AND DEPENDENT LIFE INSURANCE. 38.1.1 Employees, at their option, may purchase Supplementary Life Insurance in the amount of one (1), two (2) or three (3) times annual salary. The employee pays the full premium for this coverage. 38.1.2 The employee’s Supplementary Life Insurance provides: (a) a waiver of premium on disablement to become effective after nine (9) months’ continuous disability or entitlement to Long Term Income Protection benefits, whichever comes first, and to remain in force while the employee is totally disabled until the earliest of recovery, death, or the end of the month in which the employee reaches age sixty-five (65). The premiums paid by the employee for this coverage between the date of disability and the date the premium waiver comes into force shall be refunded to the employee; (b) a conversion option on the employee’s termination to be obtained without evidence of insurability and providing coverage up to the amount for which the employee was insured prior to termination. The premium of such policy shall be at the current rates of the insuring company. Application must be made within thirty-one (31) days of the date of termination of insurance. The Employer will advise terminating employees of this conversion privilege. The conversion option shall be as stated in Article 37.2(c) (Basic Life Insurance).

SUPPLEMENTARY AND DEPENDENT LIFE INSURANCE. 38.1.1 (FPT) 66.1.1 Employees, at their option, may purchase Supplementary Life Insurance in the amount of one (1), two (2) or three (3) times annual salary. The employee pays the full premium for this coverage. 38.1.2 66.1.2 The employee’s Supplementary Life Insurance provides: (a) a waiver of premium on disablement to become effective after nine (9) months’ continuous disability or entitlement to Long Term Income Protection benefits, whichever comes first, and to remain in force while the employee is totally disabled until the earliest of recovery, death, or the end of the month in which the employee reaches age sixty-five (65). The premiums paid by the employee for this coverage between the date of disability and the date the premium waiver comes into force shall be refunded to the employee; (b) a conversion option on the employee’s termination to be obtained without evidence of insurability and providing coverage up to the amount for which the employee was insured prior to termination. The premium of such policy shall be at the current rates of the insuring company. Application must be made within thirty-one (31) days of the date of termination of insurance. The Employer will advise terminating employees of this conversion privilege. The conversion option shall be as stated in Article 37.2(c65.2(c) (Basic Life Insurance).

SUPPLEMENTARY AND DEPENDENT LIFE INSURANCE. 38.1.1 Employees, at their option, may purchase Supplementary Life Insurance in the amount of one (1), two (2) or three (3) times annual salary. The employee pays the full premium for this coverage. 38.1.2 The employee’s Supplementary Life Insurance provides: (a) a waiver of premium on disablement to become effective after nine (9) months’ continuous disability or entitlement to Long Term Income Protection benefits, whichever comes first, and to remain in force while the employee is totally disabled until the earliest of recovery, death, or the end of the month in which the employee reaches age sixty-five (65). The premiums paid by the employee for this coverage between the date of disability and the date the premium waiver comes into force shall be refunded to the employee; (b) a conversion option on the employee’s termination to be obtained without evidence of insurability and providing coverage up to the amount for which the employee em ployee was insured prior to termination. The premium prem ium of such policy shall be at the current rates of the insuring company. Application must be made within thirty-one (31) days of the date of termination term ination of insurance. The Employer will advise terminating employees of this conversion privilege. The conversion option shall be as stated in Article 37.2(c) (Basic Life Insurance).

SUPPLEMENTARY AND DEPENDENT LIFE INSURANCE. 38.1.1 66.1.1 Employees, at their option, may purchase Supplementary Life Insurance in the amount of one (1), two (2) or three (3) times annual salary. The employee pays the full premium for this coverage. 38.1.2 66.1.2 The employee’s Supplementary Life Insurance provides: (a) a waiver of premium on disablement to become effective after nine (9) months’ continuous disability or entitlement to Long Term Income Protection benefits, whichever comes first, and to remain in force while the employee is totally disabled until the earliest of recovery, death, or the end of the month in which the employee reaches age sixty-five (65). The premiums paid by the employee for this coverage between the date of disability and the date the premium waiver comes into force shall be refunded to the employee; (b) a conversion option on the employee’s termination to be obtained without evidence of insurability and providing coverage up to the amount for which the employee em ployee was insured prior to termination. The premium prem ium of such policy shall be at the current rates of the insuring company. Application must be made within thirty-one (31) days of the date of termination of insurance. The Employer will advise terminating employees of this conversion privilege. The conversion option shall be as stated in Article 37.2(c65.2(c) (Basic Life Insurance).

SUPPLEMENTARY AND DEPENDENT LIFE INSURANCE. 38.1.1 66.1.1 Employees, at their option, may purchase Supplementary Life Insurance in the amount of one (1), two (2) or three (3) times annual salary. The employee pays the full premium for this coverage. 38.1.2 66.1.2 The employee’s Supplementary Life Insurance provides: (a) a waiver of premium on disablement to become effective after nine (9) months’ continuous disability or entitlement to Long Term Income Protection benefits, whichever comes first, and to remain in force while the employee is totally disabled until the earliest of recovery, death, or the end of the month in which the employee reaches age sixty-five (65). The premiums paid by the employee for this coverage between the date of disability and the date the premium waiver comes into force shall be refunded to the employee; (b) a conversion option on the employee’s termination to be obtained without evidence of insurability and providing coverage up to the amount for which the employee was insured prior to termination. The premium of such policy shall be at the current rates of the insuring company. Application must be made within thirty-one (31) days of the date of termination of insurance. The Employer will advise terminating employees of this conversion privilege. The conversion option shall be as stated in Article 37.2(c65.2(c) (Basic Life Insurance).

SUPPLEMENTARY AND DEPENDENT LIFE INSURANCE. 38.1.1 (a) Employees, at their option, may purchase Supplementary Life Insurance in the amount of one (1), two (2) or three (3) times annual salary. The employee pays the full premium for this coverage. 38.1.2 (b) The employee’s 's Supplementary Life Insurance provides: (ai) a waiver of premium on disablement to become effective after nine (9) months’ ' continuous disability or entitlement to Long Term Income Protection benefits, whichever comes first, and to remain in force while the employee is totally disabled until the earliest of recovery, death, or the end of the month in which the employee reaches age sixty-five (65). The premiums paid by the employee for this coverage between the date of disability and the date the premium waiver comes into force shall be refunded to the employee; (bii) a conversion option on the employee’s 's termination to be obtained without evidence of insurability and providing coverage up to the amount for which the employee was insured prior to termination. The premium of such policy shall be at the current rates of the insuring company. Application must be made within thirty-one (31) days of the date of termination of insurance. The Employer will advise terminating employees of this conversion privilege. The conversion option shall be as stated in Article 37.2(c65.2(c) (Basic Life Insurance).

SUPPLEMENTARY AND DEPENDENT LIFE INSURANCE. 38.1.1 Employees, at their option, may purchase Supplementary Life Insurance in the amount of one (1), two (2) or three (3) times annual salary. The employee pays the full premium for this coverage. 38.1.2 The employee’s employee‟s Supplementary Life Insurance provides: (a) a waiver of premium on disablement to become effective after nine (9) months’ months‟ continuous disability or entitlement to Long Term Income Protection benefits, whichever comes first, and to remain in force while the employee is totally disabled until the earliest of recovery, death, or the end of the month in which the employee reaches age sixty-five (65). The premiums paid by the employee for this coverage between the date of disability and the date the premium waiver comes into force shall be refunded to the employee; (b) a conversion option on the employee’s employee‟s termination to be obtained without evidence of insurability and providing coverage up to the amount for which the employee was insured prior to termination. The premium of such policy shall be at the current rates of the insuring company. Application must be made within thirty-one (31) days of the date of termination of insurance. The Employer will advise terminating employees of this conversion privilege. The conversion option shall be as stated in Article 37.2(c) (Basic Life Insurance).

SUPPLEMENTARY AND DEPENDENT LIFE INSURANCE. 38.1.1 66.1.1 Employees, at their option, may purchase Supplementary Life Insurance in the amount of one (1), two (2) or three (3) times annual salary. The employee pays the full premium for this coverage. 38.1.2 66.1.2 The employee’s employee‟s Supplementary Life Insurance provides: (a) a waiver of premium on disablement to become effective after nine (9) months’ months‟ continuous disability or entitlement to Long Term Income Protection benefits, whichever comes first, and to remain in force while the employee is totally disabled until the earliest of recovery, death, or the end of the month in which the employee reaches age sixty-five (65). The premiums paid by the employee for this coverage between the date of disability and the date the premium waiver comes into force shall be refunded to the employee; (b) a conversion option on the employee’s employee‟s termination to be obtained without evidence of insurability and providing coverage up to the amount for which the employee was insured prior to termination. The premium of such policy shall be at the current rates of the insuring company. Application must be made within thirty-one (31) days of the date of termination of insurance. The Employer will advise terminating employees of this conversion privilege. The conversion option shall be as stated in Article 37.2(c65.2(c) (Basic Life Insurance).