Insured Benefits definition

Insured Benefits means, in relation to a Member or Beneficiary, benefits (including the provision of a pension) paid to the Trustee under a Life Insurance Policy for a Division in the event of the Member’s or Beneficiary’s death or Total and Permanent Disablement or in the nature of income protection insurance, but does not include benefits which the Trustee has secured under:
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Insured Benefits means benefits provided to Members by way of the Supervisor or Manager entering into a Policy in respect of those Members;
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Insured Benefits shall have the meaning set forth in Section 3(b) below.
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Examples of Insured Benefits in a sentence

  • The amount of your life insurance is shown in the Schedule of Insured Benefits.

  • The amount of your Accidental Death and Dismemberment (AD&D) insurance is shown in the Schedule of Insured Benefits.

  • The amount of your accidental death and dismemberment (AD&D) insurance is shown in the Schedule of Insured Benefits.

  • Approved Leave of Absence During Vacation Health and Insured Benefits ...................

  • The Employer and the Union agree to jointly participate in a study of alternate systems of delivery of Insured Benefits.

  • The Joint Committee on Insured Benefits will be composed of three representatives of the Federation of Classified Employees, three representatives of the Faculty Federation, two Management/Confidential representatives and two Human Resources staff.

  • Same sex spouse will be eligible to be a dependent for Insured Benefits.

  • Upon exhaustion of all sick, vacation and personal time, the Employer will continue to pay group insurance, as set forth in Article XXIV Insured Benefits, for a period not to exceed six months from initial date of disability.

  • The purpose of the Trust Fund is to provide pension benefits for Union members and to provide health and other insured benefits the Trustees, in their sole discretion, determine ( the Insured Benefits ), to Union members to the extent that the funds are available in the Trust Fund.

  • Employees who were not participating in the three tier sick plan in accordance with the “Letter of Understanding Re: Insured Benefits, Dental Plan, Sick Leave and Vacation for Certain Employees” at the time of ratification of the April 1, 2006 to March 30, 2009 Collective Agreement shall participate in the three tier sick leave plan as of November 14, 2007.


More Definitions of Insured Benefits

Insured Benefits means those insurance benefits described in and subject to this chapter, including medical, dental, life, disability and vision benefits.
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Insured Benefits. Medical • Dental • Life • Disability • Vision Full-time regular, part-time regular, provisional, probationary and term-limited temporary employees and spouse or domestic partner, each of their dependent children, and each of the dependent children of their spouse or domestic partner (Domestic Partner coverage KCC 3.12.044) (Part-time and temporary employees who exceed the calendar year working hours threshold KCC 3.12.040 C.) KCC 3.
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Insured Benefits the insured benefits are the health, critical illness and medical benefits insured under the WPA Protocol Private Medical Insurance Scheme provided by WPA Protocol plc and the BHSF Cash Plan provided by BHSF Limited, details of which are contained in the Data Room;
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Insured Benefits means the benefits to be obtained upon HHL entering into an agreement with Legal & General Assurance Society Limited to provide the benefits as set out in the Quotation and Terms of Business;
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Insured Benefits means benefits provided to Members by way of the Supervisor (or the Custodian) entering into a policy of insurance or assurance in respect of those Members; Insurer means a company selected and appointed from time to time by the Manager to provide a policy of insurance or assurance in connection with the provision of Insured Benefits;
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Insured Benefits means that portion of the death benefit in terms of Rule 7.1.1.1.2, 7.1.1.2 and 7.1.3 which is reinsured by a REGISTERED INSURER.
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Related to Insured Benefits

  • Covered benefits or “benefits” means those health care services to which a covered person is entitled under the terms of a health benefit plan.

  • Vested Benefits means amounts which are vested or which Executive is otherwise entitled to receive under the terms of or in accordance with any plan, policy, practice or program of, or any contract or agreement with, the Company or any of its subsidiaries, at or subsequent to the date of his termination without regard to the performance by Executive of further services or the resolution of a contingency.

  • Accrued Benefits shall include the following amounts, payable as described herein: (i) all base salary for the time period ending with the Termination Date; (ii) reimbursement for any and all monies advanced in connection with the Executive’s employment for reasonable and necessary expenses incurred by the Executive on behalf of the Employer for the time period ending with the Termination Date; (iii) any and all other cash earned through the Termination Date and deferred at the election of the Executive or pursuant to any deferred compensation plan then in effect; (iv) notwithstanding any provision of any cash bonus or cash incentive compensation plan applicable to the Executive, but subject to any irrevocable deferral election then in effect, a lump sum amount, in cash, equal to the sum of (A) any cash bonus or cash incentive compensation that has been allocated or awarded to the Executive for a fiscal year or other measuring period under the plan that ends prior to the Termination Date but has not yet been paid (pursuant to Section 5(e) or otherwise) and (B) a pro rata portion to the Termination Date of the aggregate value of all contingent bonus or incentive compensation awards to the Executive for all uncompleted periods under the plan calculated as to each such award as if the Goals with respect to such bonus or incentive compensation award had been attained; and (v) all other payments and benefits to which the Executive (or in the event of the Executive’s death, the Executive’s surviving spouse or other beneficiary) may be entitled on the Termination Date as compensatory fringe benefits or under the terms of any benefit plan of the Employer, excluding severance payments under any Employer severance policy, practice or agreement in effect on the Termination Date. Payment of Accrued Benefits shall be made promptly in accordance with the Company’s prevailing practice with respect to clauses (i) and (ii) or, with respect to clauses (iii), (iv) and (v), pursuant to the terms of the benefit plan or practice establishing such benefits; provided that payments pursuant to clause (iv)(B) shall be paid on the first day of the seventh month following the month in which the Executive’s Separation from Service occurs to the extent necessary for compliance with the requirements of Code Section 409A(a)(2)(B) relating to specified employees or, to the extent not so required, within ninety (90) days of the Executive’s Separation from Service.

  • Excepted benefits means benefits under one or more (or any combination thereof) of the following:

  • Disability benefits means any cash payments which are payable to a covered individual for all or part of a period of disability pursuant to P.L.1948, c.110 (C.43:21-25 et al.).