template

Life Assurance Clause (For An Employment Contract)

by
Genie Team
Genie Team
Sep, 28 2022

When to use this template

A life assurance clause is a provision in an employment contract that guarantees life insurance for an employee.

Key issues covered in this template

  • Discretionary powers
  • Insurance policy
  • Life assurance
  • Life assurance scheme
  • No liability
  • Usual underwriting
  • N/A

What to watch out for

  • The life assurance clause should be tailored to the specific needs of the employee

  • The clause should be clear and concise, and should not contain any ambiguity

  • The clause should be drafted in such a way as to ensure that the employee's life insurance coverage is not adversely affected by any future changes to the employment contract

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Used by

Author

Genie Team

Genie Team

@genieteam
Genie AI

The Genie Team consists of lawyers and paralegals. Our aim is to open source the law and provide high quality, regularly reviewed legal documents.

Additional information

Business categories

Business activities

Relevant sectors

Agriculture, Forestry and Fishing

Mining

Construction

Manufacturing

Transport

Energy

Wholesale

Retail

Finance

Insurance

Real Estate

Legal Services

Consumer, Public & Health Services

Education

Media

Consultancy

Technology

Public Administration

Sport & Entertainment

Other

Relevant company sizes

1 - 3

4 - 19

20 - 49

50 - 249

250 - 999

1000 +

Governing law

England and Wales

Language

English UK

Gender neutral

Yes