Waiver of Insurance Benefit Sample Clauses

Waiver of Insurance Benefit. A unit member covered as of July 1, 2006, under the District’s health insurance plan may submit a waiver of health insurance benefits and annually receive the sum of $800 for individual insurance and $1200 for family insurance, so long as coverage is not picked up by a spouse employed by the District. A payment of $700 will be paid to a unit member who switches from family to individual coverage if he/she had family coverage as of July 1, 2006, and insurance was not picked up by a spouse employed by the District. If the unit member has to re-enroll because of an unforeseen event, the unit member can pick up the District’s coverage provided the unit member pays his/her proportionate share for same for that year’s coverage, and returns, on a pro-rata basis, that portion of the waiver sum previously paid, determined as of the date of reenrollment.
Sample 1
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Waiver of Insurance Benefit. A unit member covered as of July 1, 2006, under the DISTRICT’S health insurance plan may submit a waiver of health insurance benefits and annually receive the sum of $800 for individual insurance and $1200 for family insurance, so long as coverage is not picked up by a spouse employed by the DISTRICT. A payment of $700 will be paid to a unit member who switches from family to individual coverage if he/she had family coverage as of July 1, 2006, and insurance was not picked up by a spouse employed by the DISTRICT. If the unit member has to re- enroll because of an unforeseen event, the unit member can pick up the DISTRICT’S coverage provided the unit member pays his/her proportionate share for same for that year’s coverage, and returns, on a pro-rata basis, that portion of the waiver sum previously paid, determined as of the date of reenrollment.
Sample 1

Related to Waiver of Insurance Benefit

  • Continuation of Insurance Benefits Notwithstanding any other provision in this Agreement to the contrary, the Bank and/or its successor shall maintain in full force and effect for Employee's continued benefit, for the two (2) year period beginning upon a Change in Control, all life insurance, medical, health and accident and disability policies, plans, programs or arrangements which were in effect immediately prior to the Change in Control.

  • Insurance Waiver Any of the terms or conditions of this Article 10 may be waived by the City’s Risk Manager in writing, signed by the Risk Manager, and attached to this Agreement as Appendix F. Such waiver is fully incorporated herein. The waiver shall waive only the requirements that are expressly identified and waived, and under such terms and conditions as stated in the waiver.

  • Evidence of Insurance Cover All insurances obtained by the Concessionaire in accordance with this Article 32 shall be maintained with insurers on terms consistent with Good Industry Practice. Within 15 (fifteen) days of obtaining any insurance cover, the Concessionaire shall furnish to the Authority, notarised true copies of the certificate(s) of insurance, copies of insurance policies and premia payment receipts in respect of such insurance, and no such insurance shall be cancelled, modified, or allowed to expire or lapse until the expiration of at least 45 (forty five) days after notice of such proposed cancellation, modification or non-renewal has been delivered by the Concessionaire to the Authority.

  • Duration of Insurance Contribution An employee is eligible for School District contributions as provided in this Article as long as an employee is employed by the School District. Employees whose employment terminates during the school year will be eligible for insurance and district contributions to insurance through the end of the month in which they terminate provided they pay the employee portion of the insurance premium for that month. Otherwise, the employee’s insurance will terminate as of the last day of employment.

  • MAINTENANCE OF INSURANCE COVERAGE Each party agrees to maintain throughout the term of this Agreement professional liability insurance coverage of the type and amount reasonably customary in its industry. Upon request, a party shall furnish the other party with pertinent information concerning the professional liability insurance coverage that it maintains. Such information shall include the identity of the insurance carrier(s), coverage levels, and deductible amounts.

  • Proof of Insurance Coverage As preliminary evidence of compliance with the insurance required by the contract, the company will furnish the Authority with a certificate(s) of insurance satisfactory to the Authority. This certificate must be signed by an authorized representative of the insurer. If requested by the Authority, the company will, within 15 days after receipt of written request from the Authority, provide the Authority, or make available for review, certificates of insurance, copies of required endorsements and/or a certified complete copy of the policies of STANDARD PROCEDURE Number: S250.06 Effective: 05/31/02 Aviation Authority Revised: 12/11/14 Page: 4 of 7 Subject: CONTRACTUAL INSURANCE TERMS AND CONDITIONS insurance. The company may redact those portions of the insurance policies that are not relevant to the coverage required by the contract. The company will provide the Authority with renewal or replacement evidence of insurance, acceptable to the Authority, prior to expiration or termination of such insurance. The insurance certificate must:

  • Period of Insurance Period of insurance means the period shown as such on the e-certificate and validation card, which time is taken as Greenwich Mean Time unless otherwise stated.

  • Evidence of Insurance Receipt by the Administrative Agent of copies of insurance policies or certificates of insurance of the Loan Parties evidencing liability and casualty insurance meeting the requirements set forth in the Loan Documents, including, but not limited to, naming the Administrative Agent as additional insured (in the case of liability insurance) or loss payee (in the case of hazard insurance) on behalf of the Lenders.

  • Separation of Insureds All liability policies shall provide cross-liability coverage as would be afforded by the standard ISO (Insurance Services Office, Inc.) separation of insureds provision with no insured versus insured exclusions or limitations.

  • Minimum Scope of Insurance Coverage shall be at least as broad as:

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