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.
Term life insurance or term assurance is life insurance that provides coverage at a fixed rate of payments for a limited period of time, the relevant term. After that period expires, coverage at the previous rate of premiums is no longer guaranteed and the client must either forgo coverage or potentially obtain further coverage with different payments or conditions. If the life insured dies during the term, the death benefit will be paid to the beneficiary. Term insurance is typically the least expensive way to purchase a substantial death benefit on a coverage amount per premium dollar basis over a specific period of time.