Trauma Insurance. All employees will be covered by an Incolink administered lump sum insurance policy providing financial compensation in the event of a major work related (ie. WorkCover) accident resulting in death or permanent total disablement. The full and precise conditions of this cover will be in accordance with the terms of the policy, but in general will provide that, in the event of a workplace accident occurring which results in either the death or total permanent disablement of a worker covered by this Agreement, a lump sum payment as specified below will made. The defined payments are: With dependants $250,000 Without dependants $150,000 This benefit has been agreed to by the company on the grounds that premium costs have been set at $7 per week/worker and will not exceed that amount. In the event of insurance costs rising, it is agreed that the table of defined benefits will be reduced so as to maintain the $7 premium figure. To maintain this cover the company agrees to pay the amounts every week for each employee.
Trauma Insurance. The benefits required to be provided in the Trauma Policy will be equivalent to or superior to the benefits provided by the Incolink administered lump sum insurance policy as at the date of this agreement. • The particular Trauma Policy to be provided shall be agreed between the Union and the Enterprise. The Incolink administered lump sum insurance policy or a similar scheme providing equivalent or superior benefits shall be taken as agreed to by the Parties for the purpose of this clause.
Trauma Insurance. 25.1 The employer shall participate in a trauma insurance scheme and shall make relevant contributions on behalf of all employees to provide for the payment of trauma benefits to employees.
Trauma Insurance. 14.1 The enterprise shall participate in a trauma policy insurance scheme and shall make relevant contributions on behalf of all employees to provide for the payment of trauma benefits to employees.
14.2 The benefits required to be provided in the Trauma Policy will be equivalent to or superior to the benefits provided by the Incolink administered lump sum insurance policy as at the date of this agreement.
14.3 The particular Trauma Policy to be provided shall be agreed between the majority of employees and the enterprise. The Incolink administered lump sum insurance policy or a similar scheme providing equivalent or superior benefits shall be taken as agreed to by the majority of employees and the enterprise for the purpose of this clause.
Trauma Insurance. 14.1 The enterprise shall participate in a trauma policy insurance scheme and shall make relevant contributions on behalf of all employees to provide for the payment of trauma benefits to employees.
14.2 The benefits required to be provided in the Trauma Policy will be equivalent to or superior to the benefits provided by the WAGEguard Workplace Trauma and Injury, WorkCover/TAC Top Up and Sickness Insurance administered lump sum insurance policy as at the date of this agreement.
14.3 The particular Trauma Policy to be provided shall be agreed between the majority of employees and the enterprise. The WAGEguard Workplace Trauma and Injury, WorkCover/TAC Top Up and Sickness Insurance administered lump sum insurance policy or a similar scheme providing equivalent or superior benefits shall be taken as agreed to by the majority of employees and the enterprise for the purpose of this clause.
Trauma Insurance. All employees will be covered by an Incolink administered lump sum insurance policy providing financial compensation in the event of a major work related (ie. WorkCover) accident resulting in death or permanent total disablement. The full and precise conditions of this cover will be in accordance with the terms of the policy, but in general will provide that, in the event of a workplace accident occurring which results in either the death or total permanent disablement of a worker covered by this Agreement, a lump sum payment as specified below will made. The defined payments are: With dependants $250,000 Without dependants $150,000 This benefit has been agreed to by the company on the grounds that premium costs have been set at $7 per week/worker and will not exceed that amount. In the event of XXXXXX CONSTRUCTION MANAGEMENT PTY LTD and the MBAV/CFMEU Certified Agreement 2002-2005 insurance costs rising, it is agreed that the table of defined benefits will be reduced so as to maintain the $7 premium figure. To maintain this cover the company agrees to pay the amounts every week for each employee.
Trauma Insurance. 25.1 The employer shall participate in a trauma policy insurance scheme and shall make relevant contributions on behalf of all employees to provide for the payment of trauma benefits to employees.
25.2 The benefits required to be provided in the Trauma Policy will be equivalent to or superior to the benefits provided by the Incolink administered lump sum insurance policy as at the date of this agreement.
25.3 The particular Trauma Policy to be provided shall be agreed between the majority of employees and the employer. The Incolink administered lump sum insurance policy or a similar scheme providing equivalent or superior benefits shall be taken as agreed to by the majority of employees and the employer for the purpose of this clause.
Trauma Insurance. The Employer must insure each Employee for trauma insurance providing financial compensation in the event of a work related accident resulting in death of the Employee or permanent and total disablement.
Trauma Insurance. 8.4.1 The employer shall participate in a trauma policy insurance scheme and shall make relevant contributions on behalf of all employees to provide for the payment of trauma insurance benefits to employees.
8.4.2 The benefits required to be provided in the Trauma Policy will be equivalent to or superior to the benefits provided by the Incolink administered lump sum insurance policy as at the date of this agreement.
8.4.3 The particular Trauma Policy to be provided shall be agreed between the majority of employees and the employer. The Incolink administered lump sum insurance policy or a similar scheme providing equivalent or superior benefits shall be taken as agreed to by the majority of employees and the employer for the purpose of this clause.
8.4.4 The provisions of this clause will not result in any ‘double dipping’ in respect to benefits payable to an employee.
8.4.5 Should there be a substantial increase in the cost of the insurance the parties agree to assess options such as reducing the table of defined benefits to maintain a stable premium figure.
Trauma Insurance. (a) All workers will be covered by an Incolink-administered lump sum insurance policy providing financial compensation in the event of major work-related (ie: as defined by WorkCover) accident resulting in death or permanent total disablement.
(b) The full and precise conditions of this cover shall be in accordance with the terms of the policy, but in general will provide that, in the event of a workplace accident resulting in either the death or total permanent disablement of a worker covered by this Agreement, a lump sum payment as specified below will be made.
(c) The defined payments are:
(i) for employees with dependants – $250,000.00;
(ii) for employees without dependants – $150,000.00.
(d) This benefit has been agreed by the Company on the grounds that premium costs have been set at $7.00 per week per worker and will not exceed that amount. In the event that insurance costs rise above that level, the defined benefits (outlined above) will be reduced so as to maintain the $7.00 premium figure.
