Survivor’s Insurance Sample Clauses

Survivor’s Insurance. Survivor’s insurance benefits shall be provided in accordance with applicable Illinois State Statutes.
AutoNDA by SimpleDocs
Survivor’s Insurance. The City will continue to allow eligible survivors of an active bargaining unit member or retiree to purchase group medical and dental insurance coverage under the plan(s) provided for active bargaining unit members by pension deduction if available, otherwise by check, at the rates payable for employees who are included in the City’s group plan. This benefit shall apply only to a surviving spouse and/or those eligible dependent children who were covered by the City’s group insurance at the time of the bargaining unit member’s or retiree’s death and shall be available until the spouse dies, remarries, or attains age sixty-five (65). In the case of dependent children, this benefit shall be available until: (1) the child marries or attains the age of twenty-five (25) or (2) as required under the Connecticut State Law, whichever provides greater eligibility.
Survivor’s Insurance. The designated beneficiary of a deceased professional nursing staff member will receive:
Survivor’s Insurance. Effective December 11, 2017 (the approval of the 2016-2020 Agreement), tThe City will allow eligible survivors of an active or retired employee whose date of hire is before December 11, 2017, to purchase health insurance coverage through the City via pension deduction. The cost of the health insurance coverage shall be paid entirely by the survivor and shall be the same health insurance plan that is offered to active employees as that coverage may change from time to time through negotiations. This benefit shall apply only to a surviving spouse and/or those dependent children who were covered by the City’s group insurance at the time of the employee’s or pensioner’s death and shall be available until the spouse dies, remarries, or attains age sixty- five (65), whichever occurs first; in the case of dependent children, this benefit shall be available until the dependent child reaches such age as outlined in state or federal law or to a minimum age of nineteen (19), or age twenty-four (24), if qualified. Effective December 11, 2017 (the approval of the 2016-2020 Agreement), sSurvivors of an active or retired employee whose date of hire is on or after December 11, 2017, shall not be eligible to receive or purchase any retiree health insurance coverage through the City, except as provided under COBRA.
Survivor’s Insurance. Effective upon the approval of the 2010-2016 Agreement, the City will allow eligible survivors of an active or retired employee to purchase health insurance coverage through the City. Said health insurance coverage shall be the same health insurance coverage that is offered to active employees as that coverage may change from time to time through negotiations. The cost of the health insurance coverage shall be at the rates payable for employees who retire from the City as outlined in Paragraph 8 of this Section and shall be paid by the surviving spouse through a pension deduction. This benefit shall apply only to a surviving spouse and/or those dependent children who were covered by the City’s group insurance at the time of the employee’s or pensioner’s death and shall be available until the spouse dies, remarries, or attains age sixty-five (65); in the case of dependent children, this benefit shall be available as provided by both state and federal mandates or to a minimum of age nineteen (19) or age twenty-four (24), if qualified. This benefit is available to any surviving spouse who became widowed on or after July 1, 1975 and to any other surviving spouse whose husband was killed in the line of duty prior to July 1, 1975. 7a. Survivor’s Insurance For Spouses Killed In Line of Duty. Effective upon the approval of the 2010-2016 Agreement, survivors and eligible dependents of active employees who are killed in the line of duty on or after that date will be provided with health insurance coverage through the City. Said health insurance coverage shall be the same health insurance coverage that is offered to active employees as that coverage may change from time to time through negotiations. The cost of the health insurance coverage shall be paid by the City. This benefit shall be provided until such surviving spouse dies or remarries; and, in the case of dependent children, this benefit shall be as provided by both state and federal mandates or to a minimum of age nineteen (19) or age twenty-four (24), if qualified. Effective July 1, 1994, coverage shall be provided by the City for those survivors who have attained the age of sixty-five (65) in the form of supplemental Medicare insurance. Effective July 1, 1999, this benefit shall be provided to employees who die while on-duty and while actively engaged on the street in a field operation, or employees who die while on-duty as a result of a physical altercation.
Survivor’s Insurance a. The City will allow eligible survivors of a retired employee, who retired on or after January 9, 2017, to purchase health insurance through the City consistent with the terms and conditions set forth in Section 3.5, Paragraph 8. Notwithstanding anything herein to the contrary, survivors of a retired employee who was hired on or after January 9, 2017 (the approval date of the 2016-2020 Agreement) will not be eligible to purchase or otherwise remain on the City’s health insurance, except as required under law.

Related to Survivor’s Insurance

  • Renter’s Insurance (check one) ☐ Tenant is required to obtain, and maintain at all times during the Term, a renter’s insurance policy with a minimum of $100,000.00 personal liability coverage. Tenant will name Landlord as an interested party or additional insured. Tenant will provide Landlord with a certificate or proof of insurance upon request. ☐ Tenant is NOT required to obtain a renter’s insurance policy.

  • Owner’s Insurance Owner will be responsible for purchasing and maintaining Owner’s liability insurance and other reasonably appropriate insurance.

  • Developer’s Insurance Developer shall comply with the insurance requirements as indicated in the Facilities Lease.

  • Contractor’s Insurance 27.1 The Contractor shall procure and maintain at all times it performs any portion of the Services the following insurance with minimum limits equal to the amount indicated below.

  • Tenant’s Insurance Tenant shall maintain the following coverages in the following amounts.

  • Subcontractors’ Insurance If part of the Agreement is to be sublet, Consultant shall either:

  • Insurance Coverages The Contractor shall procure and maintain, at its sole cost and expense, in a form and content satisfactory to City, during the entire term of this Agreement including any extension thereof, the following policies of insurance which shall cover all elected and appointed officers, employees and agents of City:

  • Umbrella Insurance During the term of this Contract, Supplier will maintain umbrella coverage over Employer’s Liability, Commercial General Liability, and Commercial Automobile. Minimum Limits: $2,000,000

  • Insurance The Company and the Subsidiaries are insured by insurers of recognized financial responsibility against such losses and risks and in such amounts as are prudent and customary in the businesses in which the Company and the Subsidiaries are engaged, including, but not limited to, directors and officers insurance coverage. Neither the Company nor any Subsidiary has any reason to believe that it will not be able to renew its existing insurance coverage as and when such coverage expires or to obtain similar coverage from similar insurers as may be necessary to continue its business without a significant increase in cost.

  • Property Insurance Borrower shall keep the improvements now existing or hereafter erected on the Property insured against loss by fire, hazards included within the term “extended coverage,” and any other hazards including, but not limited to, earthquakes and floods, for which Lender requires insurance. This insurance shall be maintained in the amounts (including deductible levels) and for the periods that Lender requires. What Lender requires pursuant to the preceding sentences can change during the term of the Loan. The insurance carrier providing the insurance shall be chosen by Borrower subject to Xxxxxx’s right to disapprove Borrower’s choice, which right shall not be exercised unreasonably. Lender may require Borrower to pay, in connection with this Loan, either: (a) a one-time charge for flood zone determination, certification and tracking services; or (b) a one-time charge for flood zone determination and certification services and subsequent charges each time remappings or similar changes occur which reasonably might affect such determination or certification. Borrower shall also be responsible for the payment of any fees imposed by the Federal Emergency Management Agency in connection with the review of any flood zone determination resulting from an objection by Borrower. If Borrower fails to maintain any of the coverages described above, Lender may obtain insurance coverage, at Lender’s option and Xxxxxxxx’s expense. Lender is under no obligation to purchase any particular type or amount of coverage. Therefore, such coverage shall cover Lender, but might or might not protect Borrower, Borrower’s equity in the Property, or the contents of the Property, against any risk, hazard or liability and might provide greater or lesser coverage than was previously in effect. Borrower acknowledges that the cost of the insurance coverage so obtained might significantly exceed the cost of insurance that Borrower could have obtained. Any amounts disbursed by Xxxxxx under this Section 5 shall become additional debt of Borrower secured by this Security Instrument. These amounts shall bear interest at the Note rate from the date of disbursement and shall be payable, with such interest, upon notice from Lender to Borrower requesting payment. All insurance policies required by Xxxxxx and renewals of such policies shall be subject to Xxxxxx’s right to disapprove such policies, shall include a standard mortgage clause, and shall name Xxxxxx as mortgagee and/or as an additional loss payee. Lender shall have the right to hold the policies and renewal certificates. If Lender requires, Borrower shall promptly give to Lender all receipts of paid premiums and renewal notices. If Borrower obtains any form of insurance coverage, not otherwise required by Lender, for damage to, or destruction of, the Property, such policy shall include a standard mortgage clause and shall name Xxxxxx as mortgagee and/or as an additional loss payee. In the event of loss, Borrower shall give prompt notice to the insurance carrier and Lender. Lender may make proof of loss if not made promptly by Xxxxxxxx. Unless Lender and Borrower otherwise agree in writing, any insurance proceeds, whether or not the underlying insurance was required by Lender, shall be applied to restoration or repair of the Property, if the restoration or repair is economically feasible and Lender’s security is not lessened. During such repair and restoration period, Lender shall have the right to hold such insurance proceeds until Xxxxxx has had an opportunity to inspect such Property to ensure the work has been completed to Lender’s satisfaction, provided that such inspection shall be undertaken promptly. Lender may disburse proceeds for the repairs and restoration in a single payment or in a series of progress payments as the work is completed. Unless an agreement is made in writing or Applicable Law requires interest to be paid on such insurance proceeds, Lender shall not be required to pay Borrower any interest or earnings on such proceeds. Fees for public adjusters, or other third parties, retained by Borrower shall not be paid out of the insurance proceeds and shall be the sole obligation of Borrower. If the restoration or repair is not economically feasible or Lender’s security would be lessened, the insurance proceeds shall be applied to the sums secured by this Security Instrument, whether or not then due, with the excess, if any, paid to Borrower. Such insurance proceeds shall be applied in the order provided for in Section 2. If Xxxxxxxx abandons the Property, Lender may file, negotiate and settle any available insurance claim and related matters. If Xxxxxxxx does not respond within 30 days to a notice from Lender that the insurance carrier has offered to settle a claim, then Xxxxxx may negotiate and settle the claim. The 30-day period will begin when the notice is given. In either event, or if Lender acquires the Property under Section 22 or otherwise, Borrower hereby assigns to Lender (a) Borrower’s rights to any insurance proceeds in an amount not to exceed the amounts unpaid under the Note or this Security Instrument, and (b) any other of Borrower’s rights (other than the right to any refund of unearned premiums paid by Borrower) under all insurance policies covering the Property, insofar as such rights are applicable to the coverage of the Property. Lender may use the insurance proceeds either to repair or restore the Property or to pay amounts unpaid under the Note or this Security Instrument, whether or not then due.

Time is Money Join Law Insider Premium to draft better contracts faster.