Sentences with phrase «group termination provision»

Not exact matches

Employers should also consider the Ontario Court of Appeal's decision in Howard v. Benson Group Inc. (see our previous blog post here) when drafting termination provisions in fixed term employment agreements.

We advise on and negotiate major strategic alliancing contracts for long - term regeneration projects and sustainable development involving major housing association groups, the university sector, local authorities, developers and other stakeholders, requiring construction contract packages incorporating complex financial models, land transactions and termination provisions for programmes covering multiple sites.

A provision that if the group policy terminates or is amended so as to terminate the insurance of any class of insured persons, every person insured under the policy at the date of the termination whose insurance terminates, including the insured dependent of a covered person, and who has been so insured for at least five (5) years before the termination date, is entitled to have issued by the insurer an individual policy of life insurance.

Be sure to read the termination provision of your group term life certificate.

In order to qualify for this provision, the insured needs to notify the life insurance company within 31 days of termination of employment with the group policyholder.