Insurance and Benefits Clause

1 Insurance benefits

1.1 You are eligible for:

  • 1.1.1 life assurance which, in the event of your death while employed under this Agreement, will pay to your chosen dependants a sum equal to specify number times your basic annual salary;

  • 1.1.2 private medical expenses insurance for you [and your spouse/civil partner and your children (if any) under the age of 18 years] with any insurer as the Company may choose from time to time;

  • 1.1.3 accident insurance covering you personally;

  • 1.1.4 you with directors' and officers' liability insurance covering your activities as a director of the Company as long as such cover is available on economic terms.

1.2 During your employment, the Company will provide you with access to permanent health insurance with a third party insurer at such level as the Company in its absolute discretion from time to time decides. The Company has no obligation whatsoever to assist you in relation to any pending or potential claim in relation to such insurance at any time or to pursue any claim on your behalf. Provision of this insurance is at all times subject to: