Free trader-journal. (Ottawa, Ill.) 1916-1920, 1919-06-27
VETS OF WORLD WAR
ARE URGED TO KEEP
INSURANCE.
sHEsss
RISK OFFICIAL IN ADDRESS AT
AURORA POINTS OUT AOVAN.
TAGEs OF HOLDING ON TO GOV
EMINENT POLICIES.

'mannt Institution for he benefit O
soldiers sailors marines and arm,
ANIL ,,.... ....... ............
S'"'''.'ir -Lol-l a''' sam TO ''oS.
who served their country during tn,
world war.
This was The statement made her.
. Thursday afternoon before the Na
toual Council World War Veterans
by Ballard Dunn. assistant CHIEF of tha
insurance division of the bureau in
his address on Why World War We
Grams Should Hold On to Their Wan
Risk Insurance
The administrative expense OF the
bureau is borne by the United States
government ne said. IN order 10 pro-
''u' '"e Lo"es' cost il7uT"ie" Tor me
insurance claims which the bureau
mas been called upon 10 pay are more
'han $'oo,Vo'0oo- Ihe amount OF pre-
miums received from all service men.
ana "HIeH We're deducted from theiF
pay approximate only S2'0.'o'''0, or
/ Tess IMAM ohe-qHarter or the amount OF
/ insurance CLAIMS. IHe excess above
premiums winch resulted from war
/ losses VIII De PAID by the government
Mr. Dunn summarized the proyi-
SONS oil the war RISK policy as follows
/ The total permanent disability
/ clause is granted without cos, to the
I insured and it is free from all r.
/ atrictions.
Government insurance does. M,
charge * poIicyboIders any overhead
nyuanse
II contains o., .,,.,.,,.,,. ,u...,,
aoe,i.fo,, - i:.st,l;..-
IT. Ewes very suDSlahtlaI pay hehis.
IT. CONTAINS no age RESTRICTIONS
u IS unrestricted as to travel resi-
dence or occupation.
Premiums paid in advance are re
FUNDED down to the month in case Of
death,
Inc pollcy IS non-taXahle.
Unusually liberal cash, loan, paid-np
insurance and extended term insur
ance values are included.
It participates in dividends
reinstatement privileges ON Iapsed
war liak insurance have been very lib.
orally extended under a new treasury
department ruling said Mr.. Dunn
Ohder this ruling in the majority Of
cases aeilhqnen. pollcyhoIders may
reihState their insurance without med
i'al examination even though they are
several months DeilIhd III premium
pay iheh's'
insurance lapSed or cancelled prior
TO dlSchafee may be reinStated within
the nine calendar months subsequent
TO the month Of discharge, provided
Tue insured IS IN as good health as at
tue aale OF lapse or cancellation ana
50 states III ms application,
me iolIo"ing synopsis OF the treas
uIy department Falins was outlined By
Mr. Dunn
"here the insured has paid no pre-
NUNS since discharge
L. II not discharged more than three
months the policy may be reinstate |
ny Simply SEND IN past due premiums
provided the insured Is stu living Nol
application for reinstatement or proof |
ol Soou nealth IS required.
H. II oiSchafEed more than three |
months ana less than nine months, in |
sured must be in as good health as at
u"'e OF d'scharse' and so state in his
"PIlica'oh tof reinstatement when
SeHuIHE III premiums past due. No.
'HeulcaI examination Is required.
'' IL insured was discharged before
Jan. l. I9I9' the insurance may be re
lIs.a'ed al any time before Sept. 30.
1872 On the same conditions as in
paragraph aboVe-namely, insured
mus. De IN as good health as at date
OF discharge, and so state in his an
pIIcatlon for reinstatement when send
ing past due premiums. No medical
examination is required
where the insured has paid thc first
premium due after he was discharged
ont has failed to pay some Of the