Insurance Benefits definition

Insurance Benefits means, in respect of any Asset or Liability, all insurance benefits, including rights to Insurance Proceeds, arising from or relating to such Asset or Liability.

Split View

AI-Powered Contracts

Draft, Review & Redline at the Speed of AI

Get StartedSchedule a Demo

Insurance Benefits means benefits offered through the Insurance Plans.

Insurance Benefits means payments made in accordance with insurance coverage for the cost of health care services provided to an individual.

Examples of Insurance Benefits in a sentence

• The Hospital will pay the employee ninety-three percent (93%) of her normal weekly earnings during the first two (2) week period of the leave while waiting to receive Employment Insurance Benefits.

• The employer will, on behalf of each employee, pay the amount described and listed in either Table 55A, Table 55B or Table 55C (to be collected by Incolink) for the various Member Benefits, Insurance Benefits and Redundancy for employees covered by the Agreement.

• An employee who is absent from work as a result of an illness or injury sustained at work and who has been awaiting approval of a claim for Workplace Safety and Insurance Benefits for a period longer than one complete pay period may apply to the Hospital for payment equivalent to the lesser of the benefit she would receive from WSIB if her claim was approved, or the benefit to which she would be entitled under the short term sick portion of the disability income plan (HOODIP or equivalent plan).

• It is understood that the obligation of the employer to pay its share of the Group Insurance Benefits while an employee is on WSIB shall continue only so long as the employment relationship continues or twenty-four (24) months, whichever occurs first unless prohibited by legislation.

• That benefit will be the equivalent to the difference between seventy-five percent (75%) of her regular weekly earnings (which for part-time employees shall include any in-lieu payment, if applicable) and the sum of her weekly rates of Employment Insurance Benefits.

More Definitions of Insurance Benefits

Insurance Benefits means the benefits indicated in the Plan Highlights to which a Participant or that Participant’s beneficiaries may be entitled (may include Dental, Disability, Health, Life and/or Vision Insurance).

Insurance Benefits. The term “INSURANCE BENEFITS” includes those benefits and/or options as defined by the DISTRICT insurance plan recommended by the DISTRICT insurance committee to the classified compensation negotiations teams and approved by the BOARD.

Insurance Benefits has the meaning set forth in Section 10.7(a).

Insurance Benefits is defined in Section 9.3(b).

Insurance Benefits means the benefits provided under any applicable insurance program or policy included within the list of qualifying, nontaxable benefit programs that have been selected as part of the Employer’s Adoption Agreement.

Insurance Benefits is defined in Section 6.01(10);

Insurance Benefits. The Principal, shall be entitled to participate in any plan with respect to medical, dental and other benefits established by the Corporation. The Corporation agrees that the Principal’s benefits pursuant to any such plans shall be paid for by the Corporation to the extent that the Principal so desires. The Corporation shall include the Principal as an insured under any directors and officers insurance and errors and omissions insurance it procures.