Insurance Option. Eligible employees retiring pursuant to this Article shall be allowed to continue participation in the group medical/hospitalization insurance plan by paying the full monthly regular premium in advance to the School District until the employee is eligible for Medicare. Such participation is subject to insurance carrier approval.
Insurance Option. A Director who retires pursuant to this Article shall receive a onetime payment to the Director’s Health Care Savings Plan (HCSP) of $30,000 and be eligible to continue participation in the District group medical/hospitalization insurance plan, if permitted by the terms of the policy with the insurance carrier, but shall pay the entire premium for such insurance commencing with the date of his/her retirement. It is the responsibility of such a Director to make arrangements with the District business office to pay the District the monthly premium amounts in advance and on such date as determined by the District. Such participation and corresponding premium is subject to insurance carrier contract currently in effect.
Insurance Option. A Director hired after July 1, 2019 is not eligible for this section. A Director who retires pursuant to this Article shall receive a onetime payment to the Director’s Health Care Savings Plan (HCSP) of $30,000 and be eligible to continue participation in the District group medical/hospitalization insurance plan, if permitted by the terms of the policy with the insurance carrier, but shall pay the entire premium for such insurance commencing with the date of his/her retirement. It is the responsibility of such a Director to make arrangements with the District business office to pay the District the monthly premium amounts in advance and on such date as determined by the District. Such participation and corresponding premium is subject to insurance carrier contract currently in effect.
Examples of Insurance Option in a sentence
If the insured person commits suicide while this rider is in effect, the Survivor's Insurance Option and Temporary Insurance Benefit will apply.
The County will include the MDC Xxxxxxx First/Managed Health Care Group Insurance Option.
GC-17 5.09 Acceptance of Bonds and Insurance; Option to Replace ................................................................................
The County will provide a $5.00 biweekly contribution to the Flexible Benefits Plan to employees enrolled in the High Option HMO Plan, the Select Network/Managed Health Care Group Insurance Plan, or the MDC Xxxxxxx First/Managed Health Care Group Insurance Option.
Employees who choose Life Insurance: Option 1 Option 2 An amount equal to 50% of the difference between the price tag for coverage under Options 1 and 2 of the Life Insurance Benefit Plan.
More Definitions of Insurance Option
Insurance Option. The obtaining of insurance for the Goods by us under condition 21A. Our Fees – the amount specified overleaf which is VAT exempt, which shall also be paid by you where it is or becomes applicable. Prompt payment – In respect of payment of each and every sum due under this Agreement, payment on the Due Date or within two working days afterwards, and in respect of any sum being due under any other agreement between You and us, payment within seven days of that sum being demanded in writing. Site – the premises on which the Unit is situated. Termination Date – the date specified overleaf or the date of termination of this Agreement in accordance with Condition 25 or 26. Unit – the storage unit specified overleaf or any alternative storage we may specify under Condition 11 We,us, our – the storage provider named overleaf. You, your – the customer named overleaf.
Insurance Option. Insurance coverage is offered at a one-time payment for the remaining years at LHCS. This one-time payment is nonrefundable and will fully cover the costs of missing or damaged equipment. The cost of this one-time nonrefundable insurance is $100.00.
Insurance Option means the insurance options specified in Clauses 16.2 and 16.
Insurance Option. A teacher who retires pursuant to this article shall be eligible to continue participation in the District group medical/hospitalization insurance plan, if permitted by the terms of the policy with the insurance carrier, but shall pay the entire premium for such insurance commencing with the date of his/her retirement. The teacher is responsible to make arrangements with the District Business Office to pay the District the monthly premium amounts in advance and on such date as determined by the District. Such participation and corresponding premiums are subject to the insurance carrier contract currently in effect.
Insurance Option means the motor vehicle data insurance option (such as Autocheck Insurance) promoted by Experian from time to time.
Insurance Option. C:] [The Contributor shall be responsible for procuring any travel and emergency insurance policy that the Contributor determines is necessary in connection with producing the Works, and the Contributor shall be responsible for any expenses in connection with such insurance, the cost of which (estimated by Contributor to be approximately $ ) has been taken into account in agreeing to the Publication Fee.] ﺮﯿﺑﺪﺗ ﻦﻋ لوﺆﺴﻣ ﻞﻤﻌﻟا ﻲﻓ ﻢﻫﺎﺴﻤﻟا نّ إ [:ج ﻦﯿﻣﺄﺘﻟا رﺎﯿﺧ] هاﺮﯾ ﺎﻤﺒﺴﺣ ﺔﺋرﺎﻄﻟا تﻻﺎﺤﻟاو ﺮﻔﺴﻟا ﻰﻠﻋ ﻦﯿﻣﺄﺗ ﺔﻘﯿﺛو ﺔﯾأ ،لﺎﻤﻋﻷا جﺎﺘﻧﺈﺑ ﻞﺼﺘﯾ ﺎﻤﯿﻓ ًﺎﯾروﺮﺿ ﻞﻤﻌﻟا ﻲﻓ ﻢﻫﺎﺴﻤﻟا ﺎﻤﯿﻓ تﺎﻘﻔﻧ ﺔﯾأ ﻦﻋ ﻻً وﺆﺴﻣ ﻞﻤﻌﻟا ﻲﻓ ﻢﻫﺎﺴﻤﻟا ﺮﺒﺘﻌﯾو ﻲﻓ ﻪﺘﻔﻠﻜﺗ ﺬﺧأ ﻢﺗ ﺪﻗ نﻮﻜﯾ ﻲﺘﻟاو ،ﻦﯿﻣﺄﺘﻟا ﻚﻟﺬﺑ ﻞﺼﺘﯾ ﻲﻟاﻮﺤﺑ ﻞﻤﻌﻟا ﻲﻓ ﻢﻫﺎﺴﻤﻟا ﺐﻧﺎﺟ ﻦﻣ ةرﺪﻘﻤﻟاو) رﺎﺒﺘﻋﻻا ﻲﻓ ﻪﺘﻔﻠﻜﺗ ﺬﺧأ ﻢﺗ ﺪﻗ نﻮﻜﯾ ﻲﺘﻟاو ،(ﻲﻜﯾﺮﻣأ رﻻود ﻲﻟاﻮﺣ ﻎﻠﺒﻤﺑ ﻞﻤﻌﻟا ﻲﻓ ﻢﻫﺎﺴﻤﻟا ﺐﻧﺎﺟ ﻦﻣ ةرﺪﻘﻣ) رﺎﺒﺘﻋﻻا [.ﺮﺸﻨﻟا بﺎﻌﺗأ ﻰﻠﻋ قﺎﻔﺗﻻا ﺪﻨﻋ ،(ﻲﻜﯾﺮﻣأ رﻻود
Insurance Option or “insurance” means the life , dependent life , accidental death and dismemberment, disability, dental, legal, and long-term care options and any other option for which a contract for underwriting the risk has been or is to be approved by the Council. (03-27-97/04-09-97)