Delaware Statutes
§ 3205 — Amount of coverage
(a)The amount of group life insurance on the life of any employee shall be at least in the following amount: The employee’s annual regular salary rounded to the next higher even thousand dollar subject to maxima established by the State Employee Benefits Committee. Contributions by the employee and the State to the cost of such insurance may be based on reasonable age classifications.
(b)The State Employee Benefits Committee shall meet at least annually to review the State’s Group Life Insurance Plan and, when appropriate, adopt improvements thereto for the purpose of extending existing amounts or types, or both, of group life insurance coverage for state employees.
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Legislative History
18 Del. C. 1953, § 3205; 56 Del. Laws, c. 380, § 1 ; 58 Del. Laws, c. 236 ; 63 Del. Laws, c. 100, § 3 ; 65 Del. Laws, c. 399, § 1 ; 72 Del. Laws, c. 204, § 8
Nearby Sections
15
§ 3201
“Employee” defined§ 3202
Group life insurance§ 3203
Life insurance premiums§ 3204
Eligibility and waiver§ 3205
Amount of coverage§ 3207
Legal agent of the State§ 3209
Application of dividends§ 321
Examination report§ 3211
Validity of contracts§ 322
Examination expense