Common use of Term Life Clause in Contracts

Term Life. The District will provide term life insurance equal to the teacher’s annual salary. This coverage is contingent upon the availability of said life insurance now and in the future and the ability of the teacher to meet the standards of insurability as prescribed by the Districts life insurance carrier. Unless otherwise specified by the teacher, the beneficiary of the term life insurance will be the teacher’s spouse.

Appears in 5 contracts

Samples: Negotiated Agreement, Negotiated Agreement, Negotiated Agreement

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Term Life. The District will provide term life insurance equal to the teacher’s annual salary. This coverage is contingent upon the availability of said life insurance now and in the future and the ability of the teacher to meet the standards of insurability as prescribed by the Districts District’s life insurance carrier. Unless otherwise specified by the teacher, the beneficiary of the term life insurance will be the teacher’s spouse.

Appears in 3 contracts

Samples: Negotiated Agreement, Negotiated Agreement, Negotiated Agreement

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