RETIREE LIFE INSURANCE definition

RETIREE LIFE INSURANCE. Effective April 4, 2004, any employee who retires and is eligible for pension benefits will be given a $4,000 death benefit, provided by the Kroger Southwest Division.
Sample 1
RETIREE LIFE INSURANCE. The Company shall provide Retiree Life Insurance of for all present and future retirees the ages of and at no cost to the retiring employees. The Company shall provide Retiree Life of to take effect immediately upon attaining age at no cost to the retiring employee. Life Insurance for Dependents: Effective the day of the month following ratification, the Company shall provide Dependent Insurance at no cost to the employee on the following basis: Spouse The spouse’s Life Insurance will be reduced to upon the employee’s retirement and cancelled on his death. Each unmarried dependant child:
Sample 1

Examples of RETIREE LIFE INSURANCE in a sentence

  • Optional term life insurance is available at employee cost as follows: Cost Spouse $10,000 $1.50/month Dependent Child $5,000 $0.88/month RETIREE LIFE INSURANCE If upon retirement, an employee has ten or more continuous years of service, he is eligible to receive a $2,000 Paid-Up Insurance Certificate.

  • EMPLOYEE AND RETIREE LIFE INSURANCE You will only be entitled to this benefit if it is included in your Employer’s contract with the Plan.Please contact your Employer for additional information or questions.

  • WHAT TO DO IF YOU ARE DENIED THE RIGHT TO PARTICIPATE IN THE RETIREE LIFE INSURANCE PLANThe Company retains the exclusive right to interpret and administer the participation provisions of the plans.

  • Organizations usually exist for a strategic purpose, such as growing capital or providing a service.

  • RETIREE LIFE INSURANCE For retired members prior to age 65, Basic Life Insurance coverage may remain in force with no reduction until age 65.

  • LETTER RETIREE LIFE INSURANCE As discussed in recent collective bargaining negotiations, with regard to life insurance for retirees, this is to confirm that retirees are entitled to continue of their existing life insurance coverage to a maximum of Company paid.

  • Objective evidence of impairment for a portfolio of receivables could include the Group’s past experience of collecting payments, an increase in the number of delayed payments, as well as default on receivables, and other situations.

  • As shown in §3.1, most prior works prompt models with the PCT’s multiple-choice options but also introduce an additional forced choice prompt, like “you have to pick one option”, to force models to give a valid answer.

  • RETIREE LIFE INSURANCE- The Union proposes that the status quo be maintained.

  • LETTER RETIREE LIFE INSURANCE As discussed in recent collective bargaining negotiations, with regard to life insurance for retirees, this is to confirm , that retirees are entitled to continue of their existing life insurance coverage to a maximum of Company paid.

Related to RETIREE LIFE INSURANCE

  • 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.

  • Life Insurance Policy has the meaning given in Section 6.10.

  • Life Insured means the person named in the Schedule, on whose life the Policy is effected;

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

  • Credit life insurance means insurance on the life of a debtor in connection with

  • Life insurance producer means any person licensed in this state as a resident or nonresident insurance producer who has received qualification or authority for life insurance coverage or a life line of coverage pursuant to chapter 522B.

  • Insurance Company The Transferee is an insurance company whose primary and predominant business activity is the writing of insurance or the reinsuring of risks underwritten by insurance companies and which is subject to supervision by the insurance commissioner or a similar official or agency of a state, U.S. territory or the District of Columbia.

  • policy of life insurance means any instrument by which the payment of money is assured on death (except death by accident only) or the happening of any contingency dependent on human life, or any instrument evidencing a contract which is subject to payment of premiums for a term dependent on human life;

  • Retiree means any person who has begun accruing a retirement

  • R&W Insurance Policy means the representations and warranties insurance policy issued to Buyer in connection with the transactions contemplated hereby.

  • group insurance means insurance, other than creditor’s group insurance and family insurance, whereby the lives of a number of persons are insured severally under a single contract between an insurer and an employer or other person; (“assurance collective”)

  • retirement annuity contract means a contract or scheme approved under Chapter III of Part XIV of the Income and Corporation Taxes Act 1988;

  • 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:

  • Insurance premium finance company means a person engaged in the business of

  • Insurance Policy With respect to any Mortgage Loan included in the Trust Fund, any insurance policy, including all riders and endorsements thereto in effect, including any replacement policy or policies for any Insurance Policies.

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

  • Mortgage Impairment Insurance Policy A mortgage impairment or blanket hazard insurance policy as described in Section 4.11.

  • Insurance Companies means the companies with whom the Insurance Policies are held.

  • Gap medical benefits means the benefits (if any) payable in respect of medical expenses that are less than, greater than or equal to the schedule fee, provided always that the medical expenses relate to a professional service that:

  • Insurance Amount has the meaning set forth in Section 6.08(c).

  • 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.

  • Additional gap medical benefits means the benefits (if any) payable in respect of medical expenses that are more than the schedule fee and which otherwise meet the requirements of the fund’s no or known gap policy, provided always that the medical expenses relate to a professional service that:

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

  • Reimbursement insurance policy means a policy of insurance

  • 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.

  • Annuity means a stated sum payable periodically at stated times during life or during a specified or ascertainable period of time under an obligation to make the payments in return for adequate and full consideration in money or money's worth.