Common use of Term Life Insurance Clause in Contracts

Term Life Insurance. Effective July 1, 2015, full-time employees shall be provided with group term life insurance of $50,000. In addition, the Employer shall make available employee paid optional life insurance coverage at 1x, 2x, 3x, and 4x base annual salary. Voluntary selection of the first 1x base annual salary is not subject to evidence of insurability.

Term Life Insurance. Effective July 1, 2015, fullFull-time employees shall be provided with group term life insurance of $50,000. In addition, the Employer shall make available employee paid optional life insurance coverage at 1x, 2x, 3x, and 4x base annual salary. Voluntary selection of the first 1x base annual salary is not subject to evidence of insurability. The voluntary benefit will be effective January 1, 2016.

Term Life Insurance. Effective July 1, 2015, fullFull-time employees shall be provided with employer paid group term life insurance of $50,000. In addition, the Employer shall make available employee paid optional life insurance coverage at 1x, 2x, 3x, and 4x base annual salary. Voluntary selection of the first 1x base annual salary is not subject to evidence of insurability. The voluntary benefit will be effective January 1, 2016.

Term Life Insurance. Effective July January 1, 2015, full-time employees Employees shall be provided with employer paid group term life insurance of $50,000. In addition, the The Employer shall make available employee paid optional life insurance coverage at 1x, 2x, 3x, and 4x base annual salary. Voluntary selection of the first 1x base annual salary is not subject to evidence of insurability.