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These excerpts taken from the VZ 10-K filed Feb 28, 2008. Description of Non-Employee Directors Travel Accident Insurance Coverage
Verizon provides accident protection to non-employee Directors while travelling on Verizon business. Benefits are payable in the event of (1) accidental death and dismemberment, including paralysis, and (2) in the case of insured non-employee Directors under the age of 70, permanent total disability. |