Common use of Weekly Indemnity Coverage Clause in Contracts

Weekly Indemnity Coverage. Effective May 1, 2004, for eligible employees, the weekly benefit will be sixty-six and two- thirds percents (66 2/3%) of the employee’s weekly basic earnings excluding overtime or other premiums to a maximum of $425.00** per week for those actively at work on the date of ratification. (**The $425.00 will increase to $440.00 on April 1, 2005). An insured employee if disabled, subject to adjudication by the insurer, will be eligible for benefits from the first day of absence due to a non-occupational accident, from the fourth day where the absence is due to a bona fide sickness, and from the first day for hospitalization. The benefit will be payable for a maximum of twenty-six weeks.

Appears in 2 contracts

Samples: Collective Agreement, Collective Agreement

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Weekly Indemnity Coverage. Effective May 1, 2004, for eligible employees, the weekly benefit will be sixty-six and two- thirds percents (66 2/3%) of the employee’s 's weekly basic earnings excluding overtime or other premiums to a maximum of $425.00** per week for those actively at work on the date of ratification. (**The $425.00 will increase to $440.00 on April 1, 2005). An insured employee if disabled, subject to adjudication by the insurer, will be eligible for benefits from the first day of absence due to a non-occupational accident, from the fourth day where the absence is due to a bona fide sickness, and from the first day for hospitalization. The benefit will be payable for a maximum of twenty-six weeks.

Appears in 1 contract

Samples: Collective Agreement

Weekly Indemnity Coverage. Effective May November 1, 2004, for eligible employees2006, the weekly benefit will be sixty-six and two- two thirds percents percent (66 2/3%) of the employee’s weekly basic earnings excluding overtime or other premiums to a maximum of $425.00460 ** per week for those actively at work active and eligible on the date of ratificationor after this date. (*** The $425.00 460 maximum will increase to $440.00 470 on April November 1, 2005). 2007; a further increase to $480 on November 1, 2008; and a further increase to $490 on November 1, 2009.) An insured employee if disabled, subject to adjudication by the insurer, will be eligible for benefits from the first day of absence due to a non-occupational accident, from the fourth day where the absence is due to a bona fide sickness, and from the first day for hospitalization. The benefit will be payable for a maximum of twenty-six weeks.

Appears in 1 contract

Samples: Collective Agreement

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Weekly Indemnity Coverage. Effective May November 1, 2004, for eligible employees2006, the weekly benefit will be sixty-six and two- two thirds percents percent (66 2/3%) of the employee’s weekly basic earnings excluding overtime or other premiums to a maximum of $425.00460 ** per week for those actively at work active and eligible on the date of ratificationor after this date. (*** The $425.00 460 maximum will increase to $440.00 470 on April November 1, 20052007; a further increase to $480 on November 1, 2008; and, a further increase to $490 on November 1, 2009). An insured employee if disabled, subject to adjudication by the insurer, will be eligible for benefits from the first day of absence due to a non-occupational accident, from the fourth day where the absence is due to a bona fide sickness, and from the first day for hospitalization. The benefit will be payable for a maximum of twenty-six weeks.

Appears in 1 contract

Samples: Collective Agreement

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