Crossville chronicle. [volume] (Crossville, Tenn.) 1894-current, 1917-10-10
INSURANCE FOR SOLDIERS.
Something About the Proposed Insur-
ance Of Soldiers That Is to Take
the Place of Pensions.

A bill has been introduced into Con
gress. but 1t was not passed before
congress adjourned Saturday, which IL
intended to provide every soldier with
an insurance policy that will be in the
nature of pension to his family Gi
who ever he may choose to make his
beneficiary, in the event of his death,
or will act IN the nature of pension
for his help should he be partially oil
totally disabled. Some of the provl.
sions OF the bill are given IN the fol.
lowing extract taken from the Review
of Reviews:
Americans are not laggards in their
appreciation and use of the advantages
of mutual insurance. A man fit tor
military service is physically the best
insuraDle risk and can purchase insur-
ance at the lowest commercial rate.
The minute he shoulders a gun he
either cannot purchase insurance at all
or only IN limited way at very high
and practically prohibitive rate.
This bill proposes to stimulate and
encourage every enlisted man to use
his own resources and TO make use of
the facilities of insurance to protect
and safeguard his interests to the limit
of his resources.
To do this 1t offers him ordinary term
insurance renewable from year to year
during the war and convertible at the
end of the war without physical exam
ination IN amounts of $500 and multi
pies of $500, but not to exceed SIC, 900.
at rates which he can afford to pay,
aDprfsSStI4gssN sslss II nilinas u u|
THIS means that $4,000 insurance
would cost young man about 81 per
moth.
No additional charge is made to the
man because of the fact that The NOR
tality through the war will be heavier
than In times of peace. This is the
risk which the Government has created
and which 1t alone should bear.
he is given one hundred and twenty
days after enlistment in which to take
out such amount of additional insuI ance
as he may elect, and if he fails to ex-
ercise this privilege and dies or be-
cones totally disabled within this per-
iod he will be considered as insured and
the benefi: paid.
The insurance is payable only in
installments to the beneficiary
during life. The maximum amount OF
$40, 900 is estimated to yield about $50
per month, which for the enlisted man
when added to his compensation for
death or disability as based on his rate
of pay ia none too liberal to maintain
a decent standard Of living for his
family deprived of its bread winner.
The insurance companies do not IA
vor state insurance nor like the idea of
the Government gong into the insur-
ance business. They appreciate, no v
ever, the advertising value for the in
surance business IN general of this fes.
ture of the war-lnsurance bill.
Compensation plus insurance pro-
vides a just measure which is based on
democratic principles of independence,
self help and individual foresight. In
surance and compensation should be
SOLDIERS MUST SAVE.
Every enlisted man IN the military
,r naval forces of the United States
must alIot for the benefit OF wife or
.hild an amount equal to the Govern
nent 3 family allowance, with maxi
mum, however, of ralf his Fay and
of SIS per month.
II he has no wife or child and makes
10 voluntary allotmsnts for other de-
or for other purposes. the
OF War or Navy may require
lin to deposit with the Government at
our per centum compound interest !,
lalt his pay, or 30 much Of half bis pay
Is he does not alIot either for his de-
,endenents or for other purposes.
This puts the man with dependents
more nearly IN democratic footing of
quality with one who has mono and
he better-paid American soldier with
hs poorer. paid European with whom
% II fighting.
The family aliswaness are bassd on
graduated scale dspsndisg % The