The Caldwell tribune. [volume] (Caldwell, Idaho Territory [Idaho]) 1883-1928, 1919-07-04
government PROVIDES
FOR THE FUTURE

ah;l;ty is ever present; there is Just
much need for insurance protection
a. as there was during the war;"
I,fluenza alone killed more young,
healthy and vigorous persons in the
MD generally than were killed by
hu,iets and disease during four and
oOaaNhaJf wears of war. Yet these men
o TO US and say 81 don't need any
insurance
True enough, influenza epidemics
49,. NOT likely to occur every year,
nor even frequently. But don't think
hat because you are healthy and
strong. with a bright future before
von that YOU don't need insurance.
W. Give below a table showing ap-
orox;mately what YOUR normal chances
rs diving are. according to the Ameri-
car Experience Table of Mortality:
Iat ages Is and 25.... 7 out of SO
Petween aces IS and As. 8 out of 81
Petween ages As and 55....l0 out of IS
Between ages SIS and 6S----l5 out OF "a
In other words your chances of
diving between the ages Of Is and IS
are approximately S out of 9.
II YOU are insured your loved ones
are protected. Your insurance pro-
v;des the money which will feed,
ciothe and house them should your
death occur prematurely.
Your government insurance is a
oood thing-hang on to it-don't let
your policy lapse.
If YOU have let it lapse, either
through carelessness or misunder-
standing, you can reinstate it within
six months from date of lapse, with
out medical examination, provided
that YOU can certify that you are in
as good health now as you were when
the policy lapsed. If it has lapscd
for greater period than six months
II may be reinstated, provided you
take another medical examination.
In either case 1t will be necessary
for YOU to paw the back premiums on
any portion of the insurance rein
stated.
After YOU get out of the service it
will be necessary for you to send in
YOUR payments direct to the bureau
of war risk insurance, treasury de-
partment, Washington, D. G. Make
your checks payable to Treasurer of
the United States"
To reinstate your insurance, to
make any change in beneficiary, al
dress, etc or when forwarding prem
iums on your insurance. address your
letter to the Bureau of War Risk IN
surance, Treasury Department, Wash
ington, D. c." and give the following
information:
(a) Your first, middle and last
name in full (print or typewrite);
(b) Bank or rating, organization
station. regiment, ship, etc, at time
of APPLYING for insurance:
(c) Your rank, or rating. organi-
zation, station, regiment, ship, etc,
at time of separation from the SER
vice; also date Of discharge.
(d) Your insurance certificate
number (if known to you);
(e) Your present address.
The Difference Between War Risk
and New Government Insurance.
The government insurance issued
during the war is temporary type Of
insurance known among life insurance
men as "Term Insurance" 1t is a
type of insurance generally taken to
provide protection over an emergency
period.
The cost of this war risk (term) in
surance increases as the years go by.
For instance. were you able to carry
this type of insurance indefinitely, bv
the time you reached age IS YOU would
be paying $3.50 per month for 10000
insurance. You will see that this
makes the rate in the latter years ex-
brilliant.
When you look into the matter Of
the new government policies you will
find that the premium that you will
pay at your age is higher than you
are now paying for war risk insurance.
There Is a reason 70 rthis.
On the new plan the cost of carry
ing the risk is averaged so that you
pay level premium each year: this
premium does not increase. For ex-
ample, If you are age Is at your next
birthday and take out an ordinary life
policy the cost would be $1.2o per
$1,000 per month. and this same prem
ium would apply wear after year with
out increase.
In the long run the cost of the new
insurance. IL you should discontinue
your policy at any time. is consider
ably less than you are now paying be-
cause you always have the cash sur
render value, a refund which made
should you cancel or lapse your in
surance at an ytime. This cash sur
render value is \cxplained later in
this article.
1t is the cash surrender value which
makes life insurance on the new gov.
eminent plan an investment as well
as a protection. II Is designed along
the same lines as life and endowment,
insurance issued by private companies
hut BY comparison YOU will find that
the premiums are lower than vow
would paw for n similar policy with
private companies, You can verif,
this bv writino the home offices oil
anv Of the various life insurance cont
panies
Life insurance on the new plan snl
something for which you pay out good
money and get no return. Life in
surance Is not a gamble, The man
who negleets to insure himself is The
gambler. Even II you don't die, lite
insurance is an investment and a saw
lnpS IN IL nm investmenf and n saw