a. Those members of the Town Council of the Town of Schererville, who elect to do so, are entitled to life insurance benefits and coverage for themselves, and eligible dependents, as offered and provided to the other employees of the Town of Schererville, as part of the employee compensation package.
(Ord. No. 1317, § 1, 11-8-95)
b. The life insurance coverage set forth in paragraph a, shall terminate upon the expiration of term of the Council Member so electing such coverage, at which time, said Member, and covered dependents, shall be entitled to convert the coverage to an individual life insurance program.
(Ord. No. 1317, § 2, 11-8-95)