Coverage Termination

The coverage for you and your eligible dependents will terminate on the earliest of the following dates:

• The last day of the month in which you have less than one times the monthly draw in your dollar bank account
• If you cease to be a member in good standing of Local 493
• If you enter military service
• If the group policy terminates
• If you discontinue any required contributions
• If you retire, and have insufficient funds in your dollar bank account
• The date outlined in the Summary of Benefits

A dependent’s coverage will also terminate when he/she is no longer an eligible dependent