Evening public ledger. [volume] (Philadelphia [Pa.]) 1914-1942, 1914-09-22
WAR RISK INSURANCE
0BTATNABLE HERE BY
WAY OF WASHINGTON
Collector of Port Berry
Wires Applications to
Treasury Department for
Acceptances and Rates.

Collector of the Port Berry has been
authorised by the Treasury Department
to receive applications from steamship
agents. owners and shippers for war risk
insurance on cargoes in vessels flying the
American flag. Application for insurance
Of vessels must be done through WASH
ington. The authorization obviates the
necessity of establishing a separate
branch of the Bureau of War Risk In
surance here.
Upon receipt of application for insur-
ance, the Collector will wire the name
Of the vessel, the cargo carried the
amount of insuranc required, the des-
tlnaton and approximate sailing date to
the bureau in Washington. In reply he
will receive a rate for acceptance. II
1t is acceptable to the applicant, an ap-
plication shall be made in duplicate upon
a prescribed document. The original Is
to be signed by the applicant or his duly
authorized representative and given to
the Collector, who in turn will sign the
copy and give 1t to the applicant. The
Collector will send the original to wash
lnston, where the policy shall be made
out and sent to him for delivery to the
applicant, who, upon Its receipt, surren-
ders the COPY of the applica tion TO the
Collector All checks made in payment
of premiums must be certified and made
payable to the Treasurer of the United
States Other regulations follow:
The Collector shall satisfy himself be-
fore submitting any war risk that the
applicant has marine insurance in an
insurance company or companies on the
cargo on which he wishes war risk in
surance
The amount insured against war risk
cannot, in any circumstances, exceed the
amount insured against marine risks. II
the applicant s unable to state definitely
the amount to be insured he shall declare
a provisional amount, which may not be
increased but which may be reduced,
upon receipt of definite advice, to an
amount not less than the total amount
insured under marine policies. Premiums
shall be paid on this provisional amount
and If the amount is reduced when final
particulars are known, the excess of such
premium will be returned to the assured
by the Treasury Department.
The rate of premium charged will be
made from day to day by the Bureau OF
War Risk Insurance, and may be had
upon application to the bureau. The
rate will vary for the different voyages
and the cargoes insured.
The Bureau of War Risk Insurance will
not be bound by any errors made in the
calculation of the premium or in filling
in the form. Should error be subsequently
discovered readjustment must be made.
Applications for insurance on vessels
under the American flag will be accepted
for periods of 30 DAYS, or for voyages
commencing on and after the date hereof
The only risks that will be covered are
those included in the form of policy to be
issued by the Bureau of War Risks Insur-
ance.
Application for vesse- policies must be
made direct to the Bureau of War Risk
Insurance, Treasury Department, Wash
ington, D. c. Policies will be issued in
Washington only, and no agent or repre-
sentative of the Government may bind
or otherwise accept insurance unless spe-
cially authorized by the Bureau at Wash
TIM