The Richmond Virginian. (Richmond, Va.) 1910-1920, 1916-04-25
WAR HAZARD PUTS Up
LIFE INSURANCE COST
taneHnuta- Higher Premium on
Military Subjects.

Applicants for life Insurance vino
are engaged In military OF naval ser
vice, or who contemplate such service.
will have to pay higher rate on their
policies In the future. several of the
leading life insurance companies Of
the country having decided to attach
war hazard riders to their policies.
The Life Insurance Company OF Viz
giuis. in announcing the attachment
Of the war hazard provisions. makes
the following statement:
We have just concluded to attach
a rider i'm policies hereafter issued to
applicants who are engaged or intend
10 engage in military or naval service
or other service involving war .haz-
ard to the effect that in case ~ active
service outside Of the United states or
within 100 mites OF the Mexican Dor
der that one extra premium of $50
will lee charged and in case OF failure
Ia notify the company Of such ser
vice. and 10 pay the extra premium.
the liability Of the company VIII be
reduced 10 he amount Of the reserve
under the peii,l \ policy heretofore
issued VIII not he affected for tho
present A. least, whether they CON
military or naval service
The Atlantic Life, another Rich
mond company. makes the following
announcement relative TO war riders:
up to the present time we have
not considered II necessary 30 make
any general modification OF our policy
forms with respect 10 military and
naval service. We do make moditi-
cations in connection with policies on
the lives Of native Europeans who ar"
not naturalizcd citizens OF the United
States, or who have not resided mere
n long period of years, for the pur-
pose of protecting the company
against the possibility OF early Euro
pean residence OF military service
Attitude of some OF the big Conlpa-
MES of other States doing business in
Virginia. with reference to war riders,
follows:
Massac husetts Mutual Life, SPRING
field. Mass: I'VE contemplate no
change in our policy provisions affect
ing military or naval service in time
of war. Our present policies do not
permit Of military or naval service IN
time OF war. during the first policy
wear. without permit from the COM
many. After that time no restrictions
prevail When this provision was
adopted we made the feature retro
active to older policies, with the re
suit that all our policies are free or
military or naval restriction in time
of war, save those which have been
in force less than one year"
Prudential. Newark. n. j.: THE
Prudential will not issue ordinary pol
icies of more than $4,000 to persons
in the regular service. land or sea, the
guard or reservists, or one in business
allied with the disturbance, who goes
within zoe miles OF the border In
addition, an extra premium of per
cent of the face value may be
charged, payable annually. during ac-
tive service or participation in SER
vice Active service ~ Interpreted TO
mean arrival within 100 miles OF the
border"
Mutual Benefit Life. Newark. \. J.:
I'VE dQ.Aot regard present conditions
as such as to make 1t necessary for
us to adopt at this time any special
war riders for our policy contracts.
We do not insure members of the
regular army or navy or those who
contemplate engaging in military or
naval service We are, OF course.
watching the situation closely. and il
occasion arises, will not hesitate to
take such action as may be necessary
for the protection of existing policy
(holders.
Penn Mutual Philadelphia, Pa:
I'VE are not taking any action at this
time. However. we do not accept Of
ficers OF the United States army or
navy or enlisted men. but our policies