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§ 22-37 — Life insurance

Denver Revised Municipal Code (Supp. No. 147, Update 3: codified through Ordinance No. 0852-26, enacted July 13, 2026) · Denver Revised Municipal Code § 22-37

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Sec. 22-37. - Life insurance.

(a) Plan. The life insurance program of the city for division chiefs, deputy chief and the chief of the fire department shall consist of a group term life insurance plan with a death benefit of one and one-half (1½) times the annual salary of each division chief, deputy chief and chief of the fire department, limited to a maximum of three hundred thousand dollars ($300,000.00) and a double indemnity benefit for accidental death or dismemberment, subject to the provisions and limitations contained in the contract between the city and the insurance carrier, and to such requirements and conditions as the council may from time to time establish. (b) Funding of premium costs. The premium costs for the life insurance plan shall be paid entirely by the city. The city shall, by ordinance, annually appropriate such amounts covering premium costs as the council may from time to time approve.

(Ord. No. 547-81, § 1, 11-2-81; Ord. No. 1049-94, § 1, 12-19-94; Ord. No. 962-95, § 3, 11-20-95; Ord. No. 257-04, § 1, 4-19-04; Ord. No. 379-08, § 2, 7-21-08)