The Oroville weekly gazette. [volume] (Oroville, Wash.) 1905-19??, 1919-10-24
eF-wARR1sx INSURANCE
Treasury Department.

tlredSuTy O0pdItmeuI.)
The farms Of the country contrib
ute about one-fonrth of the man power
of the forces of the United States en-
gagged in the war.
1t is estimated that 1000 00O men
have served in the army, the navy and
the marine corps were born and rear
ed on American farms.
A total of 4,539,04s men took out
War Risk Insurance. their aggregate
policies totalling nearly forty billion
dollars. and each policy averaging
$500. OF this total insurance, service
men from the farming districts carried
approximately $40, 420, 00O,0OO and by
far the greater percentage of this in
surance was made payable to wives,
mothers, fathers and other relatives
who reside on farms.
The average age OF the mer who
fell in action, died Of wounds or from
other causes during the war, was %
years, and because OF their youth, by
far the greater per centage were un-
married men. Which explains why AZ
per cent of the policies taken out
named mothers as beneficiaries, ~
per cent named fathers and only ~"
|cent named wives.
In the original war risk act provis-
ion was made for the policies written
ION service men during the war to be
lcontinued as permanent government
insurance. To avail themselves of the
opportunity to convert their war risk
insurance into permanent United
States Government Insurance it is
necessary that the men discharged
from service continue to pay their
monthly premiums, and at some time
during the five years following the
formal declaration of peace that they
convert this into permanent policy.
From the record it appears that only
about twenty-five per cent of the men
who had insurance during the war are
continuing to keep up their insurance.
This is largely due to the fact that tho
men were unfamiliar with the provis-
ions of the act, or that they have not
felt financially able to carry their in
|surance at this time.
To guard against any man losing
his right to Government Insurance be-
cause of this condition the secretary of
the treasury recently issued ruling
following every man eighteen months
in which he has the opportunity to
reinstate his insurance after he has
|allowed it to lapse because of non
payment of premiums.
This reinstatement privilege should
be clearly understood. So long as a
man is not paying his premiums he is
not insured. His reinstatement priv.
ilige merely gives him the right to
|again have government insurance
without undergoing physical examina-
ton, and upon the payment of two
months premiums.
A nation wide campaign has been
|inaugurated for direct personal con-
tact with former service men through
which they may be informed of their
rights to permanent Government In
|surance and in this campaign have
been enlisted the American Red Cross
the Y. M. C. A. and the Knights of
Columbus, as well as the Salvation
Army, the Y. M. H. A., the Boy Scouts
and numerous other national welfare
In addition more than
$4,000 life insurance agents have been
enlisted. The volunteer roll further in
cludes thousands of bankers, doctors,
lawyers, manufacturers, other business
men and representatives Of all asso-
Citations which come into contact with
discharged service men and their de-
pendents.
The former service man who lives
on farm will be reached to a large
extent through banks which have VOL
unteered to serve as clearing houses
for information on War Risk Insur-
ance.
There are six permanent forms of
government insurance, as follows:
l. 2O-year endowment.
2. 30-year endowment
3. 20-year payment life.
4. 3O-year payment life.
5. Endowment at age of g..
g. Ordinary life.
APpilCdtiOuS arc UcIu6 IcCclScu ny
the Bureau of War Risk Insurance for
changing the present term insurance
which was issued at the time of enter
ing the service, into the permanent
forms.
Ten features which prominently
stand out in the government policy
are as follows:
1 The total permanent disability
clause is granted without cost to the
insured and it is free from all restric-
tons.
2 Government insurance does not
charge its policy holders any overhead
expense.
1t contains an extremely liberal
definition of disability.
1t gives very substantial pay