Western Kansas world. [volume] (WaKeeney, Kan.) 1885-current, 1919-10-02
SOLDIERS U. S. INSURANCE


A total of 1885, o48 men took out
policies totalling nearly $40, 900 ,OOO,-
900, and each policy averaging $500
OF this total insurance, service men
from the farming districts carried
approximately $1O,42O, 900, 200, and by
far the greater percentage of this in
surance was made payable to wives,
mothers. fathers and other relatives
who resided on farms
In the original War Risk Act pro-
vision was made for the policies writ
ten on service men during the war to
be continued as permanent Govern
nent 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 discharg-
ed from service continue. to pay their
monthly premiums, and at some time
during the five years following the
formal declaration of peace they can
be converted into a permanent pol
icy.
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 the men were unfamiliar
with the provisions of the Act, that
they have not felt financially able to
carry their insurance 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 rul-
ing allowing every man eighteen
L L L
ity to reinstate his insurance after he
has allowed it to lapse because of nom
payment of premiums.
This reinstatement privilege should
be clearly understood. So long as a
not insured. His reinstatement priv
ilege merely gives him the right to
again have Government Insurance
without undergoing physical examin-
alton, and upon the payment of two
months premiums.
There are six permanent forms of
government insurance, as follows:
1-2O Years Endowment.
80 Year Endowment.
720 Payment Life.
40 Payment Life.
5@Endowment at Age of 62.
Ordinary Life.
Applications are being received by
the Bureau of War Risk Insurance
for changing the present term insur-
ance, which was issued at the time of
entering the service, into the pernaan-
ent forms.
Ten features which prominently
stand out in the government policy
are as follows:
THE total permanent disability
IL i L
insured and it is free from all restric-
lions.
Government insurance does not
charge its policy holders any over
head expense.
Sit contains an extremely liberal
definition of disability
At gives very substantial pay
n1ents.
Sit contains no age restrictions
6-It is unrestricted as to travel
residence or occupation.
Premiums paid in advance are
refunded down to the month, in case
of DEATH
| 18-The policy is non-taxable
Unusually liberal cash, loan
paid up insurance and extended term
insurance values are included
lot participates in dividends.
| If the policy holder is unable tt
keep the full amount of the War RisI
Insurance he carried while in the ser
vice, he may reinstate part of it from
$1,000 up to $4,000 in multipIes OF
$500 Reductions may be made IL
nu1tlpies of $500 to any amount, but
not less than 81 900. Premiums arr
due on the first of the month, although
payments made be made during the
fcalendar month
/ THE BIGGEST HOG SHIPMENT