Terms of insurance provided under r. 111 or 112
113 Terms of insurance provided under r. 111 or 112
The Board must decide the terms of the life insurance provided under regulation 111 and any insurance provided under regulation 112.
The Board may decide on different terms for different classes of covered GESB Super Members.
The terms of the insurance may include terms in relation to all or any of the following —
eligibility to be insured;
levels of cover;
requirements for changing the level of cover;
benefits;
information and documents to be given to and by the Board;
premiums to be paid by Members;
claims procedures and evidentiary requirements;
cessation, termination or cancellation of cover;
procedural and administrative matters relating to the provision of the insurance.
The terms of the insurance must include terms to the effect that a covered GESB Super Member may choose not to be covered by the insurance.
The Board may enter into one or more policies of insurance, including policies of group life assurance, to provide some or all of the insurance.
[Regulation 113 inserted: Gazette 13 Apr 2007 p. 1652; amended: Gazette 30 Jun 2010 p. 3153.]
[Heading (Div. 7) deleted: Gazette 30 Jun 2010 p. 3154.]
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