Group term life insurance coverage definition

Group term life insurance coverage means term life
Group term life insurance coverage means term life insurance coverage provided for, at a minimum, all full-time employees in a bargaining unit or all full-time nonbargaining group employees.
Group term life insurance coverage means the fully-insured group term life insurance coverage offered pursuant to an Agreement which is governed by the contracts and plan document applicable to such coverage.

Examples of Group term life insurance coverage in a sentence

  • Group term life insurance coverage is 2.5 times the Fixed gross salary.

  • Group term life insurance coverage is a fringe benefit given to each full-time Faculty member by the College, effective on the first day of the month following the beginning day of employment.

  • Group term life insurance coverage in the amount of $75,000.00 AD & D, in addition to the coverage provided in Section 15.03.

  • Group term life insurance coverage is provided by the Town to non-classified salaried employees which includes basic life along with accidental death and dismemberment.

  • Group term life insurance coverage in the amount equal to salary of administrator rounded to the nearest $1,000 and $50,000 AD&D, in addition to the coverage provided in Article 13.40.

  • Group term life insurance coverage of $15,000 natural death; $30,000 Accidental for employee only.

  • LIFE INSURANCE Group term life insurance coverage is provided effective the first day of the month following date of hire at no cost to you.

  • We may charge you for providing information to you, for example photocopying and postage, but we will only charge you what it actually costs us to do so.

  • The value of 0.9 is indeed unnecessary since the key criterion for meeting the performance requirements is the capacity of reaching a certain deceleration (see item 3 above).

  • The College currently offers life, medical, and disability insurances to eligible full-time regular employees.Life Insurance Group term life insurance coverage is provided to all regular full-time employees of Allegheny College.

Related to Group term life insurance coverage

  • Insurance Coverage Contractor shall, at Contractor’s sole expense, procure, maintain and keep in force for the duration of this Contract the following insurance conforming to the minimum requirements specified below. Unless specified herein or otherwise agreed to by the City, the required insurance shall be in effect prior to the commencement of work by Contractor and shall continue in force as appropriate until the latter of:

  • Health insurance coverage means benefits consisting of medical care (provided directly, through

  • Group health insurance coverage means in connection with a group health plan, health insurance

  • Insurance Cover means the aggregate of the maximum sums insured under the insurance taken out by the Contractor pursuant to Article 20, and includes all insurances required to be taken out by the Contractor under Clauses 20.1 and 20.9 but not actually taken, and when used in the context of any act or event, it shall mean the aggregate of the maximum sums insured and payable or deemed to be insured and payable in relation to such act or event;

  • Individual health insurance coverage means health insurance coverage offered to individuals in the

  • Life insurance means insurance coverage on human lives including benefits of endowment and annuities, and may include benefits in the event of death or dismemberment by accident and benefits for disability income and unless otherwise specifically excluded, includes individually issued annuities.

  • Group long-term care insurance means a long-term care insurance policy which is delivered or issued for delivery in this State and issued to:

  • life insurance business means the business of providing or undertaking to provide policy benefits under life policies;

  • long-term insurance business means the business of providing or undertaking to provide policy benefits under long-term policies, but does not include -

  • insurance period means a contribution period or an equivalent period;

  • Creditable coverage means, with respect to an individual, coverage of the individual provided under any of the following:

  • Long-term care insurance means group insurance that is authorized by the retirement system for retirants, retirement allowance beneficiaries, and health insurance dependents, as that term is defined in section 91, to cover the costs of services provided to retirants, retirement allowance beneficiaries, and health insurance dependents, from nursing homes, assisted living facilities, home health care providers, adult day care providers, and other similar service providers.

  • Continuation Coverage means coverage under a COBRA continuation provision or a similar state program. Coverage provided by a plan that is subject to a COBRA continuation provision or similar state program, but that does not satisfy all the requirements of that provision or program, will be deemed to be continuation coverage if it allows an individual to elect to continue coverage for a period of at least 18 months. Continuation coverage does not include coverage under a conversion policy required to be offered to an individual upon exhaustion of continuation coverage, nor does it include continuation coverage under the Federal Employees Health Benefits Program.

  • Health care coverage means any plan providing hospital, medical or surgical care coverage for

  • Co-insurance means the percentage of the usual, reasonable, customary, and fair market value expense that a covered person must pay.

  • Coverage or “Covering”) shall mean that the developing, making, using, offering for sale, promoting, selling or importing of a given compound, formulation or product would infringe a Valid Claim of an issued patent in the absence of a license under such Valid Claim. The determination of whether a compound, formulation or product is Covered by a particular Valid Claim shall be made on a country-by-country basis.

  • Specified Insurance Company means any Entity that is an insurance company (or the holding company of an insurance company) that issues, or is obligated to make payments with respect to, a Cash Value Insurance Contract or an Annuity Contract.