A plan of group life insurance shall be made available to all members of the teaching staff on the following basis:
"A" Basic - two (2) times the annual salary to the next $10,000 with a cost share formula where the board pays for the first 1x salary.
"B" Optional - four times annual salary rounded up to the next $10,000 with the board paying the first 1x salary.
“C” Optional – six (6) times annual salary rounded up to the next $10,000 with the board paying the first 1x salary.