Common use of Weekly Indemnity Insurance Clause in Contracts

Weekly Indemnity Insurance. The Plan shall provide sickness and accident benefits, to a maximum of 75% of regular earnings x base hourly rate) for 26 weeks which shall be paid from the first day of accident, and from the fourth working day of absence due to certified illness. The Plan shall be effective the first day of the month following commencement of employment. In the event that an employee has not received the first weekly indemnity payment on an approved claim, within 10 calendar days of the date such claim was approved by the carrier, the Employer shall advance the net amount of such payment to the employee, provided the employee agrees to repay such advance by turning over to the Employer the first payment he receives from the carrier.

Weekly Indemnity Insurance. The Plan shall provide sickness and accident benefits, to a maximum of percent (75% %) of regular earnings (40 x base Base hourly rate) for 26 twenty (26) weeks which shall be paid from the first day of accident, and from the fourth working day of absence due to certified illness. The Plan shall be effective the first day of the month following commencement of employment. In the event that an employee has not received the first weekly indemnity payment on an approved claim, within 10 ten (10) calendar days of the date such claim was approved by the carrier, the Employer shall advance the net amount of such payment to the employee, provided the employee agrees to repay such advance by turning over to the Employer the first payment he receives from the carrier.