Some of these materials are not normally combustible, but they can burn or explode if the particles are the right size and in the right concentration. Therefore any activity that creates dust should be investigated to see if there is a risk of that dust being combustible.
by Merck & Co., Inc. âBasic Life Insuranceâ means life insurance provided to an Eligible Employee under a plan sponsored by Parent or a subsidiary of Parent equal to 1x base pay as defined under the life insurance plan in which the Eligible Employee participates, as it may be amended from time to time. 8.3.
Life assurance is a policy that provides the person insurance for life. The terms insurance and assurance are often heard when referring to financial product sold by a company. These words are used to refer to packages that provide a sum of money in return of premiums paid to safeguard an object.o, should anything happen to that said thing, person, etc., the loss would be incurred by the company, either fully or partially. Now, life insurance is a contract between the company and the insured that the company will provide the insuredâs family an amount of sum at the death of the insured.