Voluntary Life Insurance Coverage Sample Clauses

Voluntary Life Insurance Coverage. Faculty members who are participating in the group life insurance plan may elect additional group life insurance coverage for themselves and/or their spouse by payment of the necessary premiums through payroll deductions in increments of $10,000 to a maximum of $300,000 in accordance with the terms of the contract with the insuring company.
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Voluntary Life Insurance Coverage. The University will provide a bargaining unit member an opportunity to purchase additional life insurance through payroll deduction at the employee’s expense.
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Voluntary Life Insurance Coverage. 14.14.1 Employees who are participating in the Group Life Insurance plan may apply for additional group life insurance coverage for themselves and/or their spouses. 14.14.2 Insurance is available in increments of $10,000 to a maximum of $250,000, according to the terms of the contract with the insuring company. 14.14.3 Employees will pay the necessary premiums by payroll deductions.
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Voluntary Life Insurance Coverage. Administration will provide a bargaining unit member an opportunity to purchase additional life insurance through payroll deduction at the employee’s expense.
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Voluntary Life Insurance Coverage. By payment of the necessary premiums through payroll deductions, instructors who are participating in the group life insurance plan may elect additional group life insurance coverage for themselves and/or their spouses, in increments of to a maximum of in accordance with the terms of the contract with the insuring company.
Sample 1
Voluntary Life Insurance Coverage. Instructors are participating in the group life insurance plan may elect additional group life insurance coverage for themselves and/or their spouses by payment of the necessary premiums payable by means of payroll deductions in increments of to a maximum of in accordance with the terms of the contract with the insuring company. Instructors may the College to deduct specified amounts from their wages each month for Tax deductions at source will be adjusted to accommodate the deductions. In such deductions, instructors shall absolve the College of any responsibility for such funds their remittance to the trust company. The College will, on behalf of the instructors, remit to a single designated trust company, by the tenth of the month following, the funds which have been deducted. It shall be the responsibility of instructors to direct the trust company concerning the investment of such funds.
Sample 1
Voluntary Life Insurance Coverage. The University will provide a bargaining unit member an opportunity to purchase additional life insurance through payroll deduction at the employee’s expense. Vendors will be selected from the analysis done by the Health Care Advisory Task Force. Annual Out-of- Pocket Maximum (including Deductible). Office Visit Co pays Do Not Count Toward Annual Maximum In-Network $425 / $850 Non-Network $925 / $1,350 N/A $1,300/$2,700 for Non- Authorized Services $3,000/$6,000 Benefit Period Calendar Year (January 1 through December 31) Calendar Year (January 1 through December 31) Calendar Year (January 1 through December 31) Pre-existing Period No Waiting Period No Waiting Period No Waiting Period 6.1 Staff Development Leaves: For each of the fiscal years of this Agreement, the University will support a minimum of two (2) Staff Development Leaves for full-time members of the bargaining unit. Each leave shall be for up to twelve (12) months duration unless additional time is approved. Each leave recipient shall be paid 100% of his/her salary while on leave. The University will maintain group insurance coverage for leave recipients at no cost to them, and all other rights and privileges shall remain in effect during the leave as though the individual were not on leave. A maximum of twenty (20) percent of one-third (1/3) of the average salary of full-time bargaining unit members, budgeted for the prior year, will be budgeted for anticipated expenses to be incurred during the leave(s). The
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Related to Voluntary Life Insurance Coverage

  • Insurance Coverage The Company and each Subsidiary maintains in full force and effect insurance coverage that is customary for comparably situated companies for the business being conducted and properties owned or leased by the Company and each Subsidiary, and the Company reasonably believes such insurance coverage to be adequate against all liabilities, claims and risks against which it is customary for comparably situated companies to insure.

  • Insurance Coverages 15.1 Tenant must, at Xxxxxx’s sole cost and expense, procure and maintain the insurance described below in accordance with the requirement set forth below: a. The minimum insurance coverages are as follows: i. Property insurance (the “Tenant’s Property Insurance”) which covers: (a) the Demised Premises for damages to the Demised Premises in the amount of $__ million for comprehensive (property) damages; (b) all of Tenant’s personal property in, on, at, or about the Demised Premises, including, without limitation, Tenant’s furniture, trade fixtures, equipment, inventory, and merchandise (collectively, “Tenant’s Personal Property”); and (c) all improvements must be written on the broadest available “special form” policy form; must include an agreed- amount endorsement for no less than one hundred percent (100%) of the full replacement cost of the Tenant’s Personal Property (new, without deduction for depreciation), the Demised Premises and improvements to the Demised Premises; must by written in amounts of coverage that meet any coinsurance requirements of the policy or policies; must include vandalism and malicious mischief coverage and sprinkler coverage; and must name Landlord as an “insured as its interest may appear.” ii. Commercial general liability insurance (“Tenant’s Liability Insurance”) written on an “occurrence” policy form, covering Bodily Injury, Property Damage, and Personal Injury (all as defined in Section 16.2 below), arising out of or relating, directly or indirectly, to Tenant’s business operations, conduct, assumed liabilities, or use or occupancy of the Demised Premises. Tenant’s Liability Insurance must include the broadest available form of contractual liability coverage. It is the intent of Landlord and Tenant that Xxxxxx’s contractual liability coverage will provide coverage to the maximum extent possible of Tenant’s indemnification obligations under this Lease. The minimum acceptable limits for Tenant’s Liability Insurance are $2,000,000 per occurrence. Tenant must cause the Landlord Parties (as defined in Section 16.2 below) to be named as “additional insureds” by endorsement satisfactory in form and substance to Landlord.

  • Insurance Cover Without prejudice to the provisions contained in Clause 26.1, the Concessionaire shall, during the Operation Period, procure and maintain Insurance Cover including but not limited to the following: (a) Loss, damage or destruction of the Project Assets, including assets handed over by the Authority to the Concessionaire, at replacement value; (b) Comprehensive third party liability insurance including injury to or death of personnel of the Authority or others caused by the Project; (c) The Concessionaire’s general liability arising out of the Concession; (d) Liability to third parties for goods or property damage; (e) Workmen’s compensation insurance; and (f) any other insurance that may be necessary to protect the Concessionaire and its employees, including all Force Majeure Events that are insurable at commercially reasonable premiums and not otherwise covered in items(a) to (e) above.

  • Life Insurance No portion of your IRA may be invested in life insurance contracts.

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