220.205 Group insurance for employees may be provided.
190 words·~1 min read·
/ky/chapter-220/220-205A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
(1)The board of directors of any sanitation district is authorized to form their
employees into a group, or groups, for the purpose of obtaining the advantages of
the group plan of life insurance.
(2)The premiums may be paid by the policyholder wholly from funds contributed by
the insured employee, by payroll deduction or otherwise; or partly from each. No
payment of premiums by the sanitation district shall constitute compensation to an
insured employee for the purposes of any statute fixing or limiting the
compensation of such an employee. Any premium or other expense incurred by the
sanitation district shall be considered a proper cost of administration.
(3)The policy may also provide accidental death and dismemberment insurance and
may contain such provisions with respect to the call or classes of employees
covered, amounts of insurance for designated classes or groups of employees, terms
of eligibility, continuation of insurance after retirement, and such other provisions
as the board of directors may approve.
(4)The board of directors is authorized to perform all acts necessary or advisable for
the purposes of contracting for and maintaining insurance under the provisions
hereof.