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R2007-197 AUTHORIZING GROUP TERM LIFE INSURANCE COVERAGE
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R2007-197 AUTHORIZING GROUP TERM LIFE INSURANCE COVERAGE
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Last modified
10/29/2015 9:54:59 AM
Creation date
10/29/2015 9:49:40 AM
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Resolution/Ordinance
Res Ord Num
R2007-197
Res Ord Title
AUTHORIZING EMPLOYEE GROUP TERM LIFE INSURANCE COVERAGE
Approved Date
10/15/2007
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CHANGES IN AMOUNT OF INSURANCE: Changes in the Amount of Insurance because of changes in age, class or <br /> earnings (if applicable) are effective on the first of the Policy month coinciding with or next following the date of the <br /> change, provided the Insured must be Actively At Work on the date of the change. If an Insured is not Actively At Work <br /> when the change should take effect, the change will take effect on the day after the Insured has been Actively At Work for <br />, one full day. <br /> If n increase in or initial a lication for the Amount of Insurance is due to a life event chan e such as marria e birth or <br /> a , pP , 9 ( 9 � <br /> specific changes in employment status), proof of good health will not be required provided the Insured applies within 31 <br /> days of such life event. <br /> CONTRIBUTIONS: Persons: Basic Insurance: 0% <br /> Dependents: 100% <br /> LRS-6422-2 Ed. 9/89 Page 1.1 <br />
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