The Red Cloud chief., 1919-10-02
TREASURY DEPARTMENT

power OF I1c lOICtS VI 'ilC SihNNu
States engaged in the War.
II is estimated that 100000 men
who served in the army. the navy
and the marine corps were born and
reared on American farms.
A total of 4,339,0iS men took out
War Risk Insurance, their aggregate
policies totalling nearly $iO,0OO,OO0-
600 and each policy averaging $500.
OF this total insurance, service men
from the farming districts carried APP
proximate,y $l0,A20,000,0O0 and by
far the greater percentage of this in5
surance was made payable to wives,
mothers and other relatives who re-
side on farms. 49,
The average age of the men who
fell in action, died of wounds, or
from other causes during the war, was
90 years, and because of their youth,
by far the greater percentage were
unmarried men. Which explains why
AZ per cent of the policies taken out
named mothers as beneficiaries, 10
per cent named fathers and only z per
cent named wives.
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
ment 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 the service continue to pay
their monthly premiums, and at some
time during the five years following
. the formal declaration Of peace that
they convert 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 the men were unfamiliar
with the provisions of the act, or 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
] because of this condition, the Secre-
] tary of the Treasury recently issued
q a ruling allowing every man eighteer
months in which he has the opportun
4 ity to reinstate his insurance after III
has allowed it to lapse because OF moi
! payment of premiums.
5. This reinstatement privilege shoui'
be clearly understood. So long as
y man is not paying his premiums n
> is not insured. His reinstatement PRIV
I'M ilege merely gives him the right t
! again have Government insuranc
without undergoing physica. eXamin
Z alton, and upon the payment OF tvs
{ months premiums.
: A nationwide campaign has bee
& inaugurated for direct personal cor
! tact with service men through whic
z they NAV be informed of their right
Z to permanent Government Insurance
Z and in this campaign have been Ell
& listed the American Red Cross, tn
HY. NJ. C. A., the Knights of Columbu
& the Salvation Army, the Y. NJ. II. A
Z the Bow Scouts and numerous otht
= national socia, welfare organization
= In addition more than 10000 lie II
: surance agents have been enliste
" The volunteer roll further include
= thousands of bankers, doctors, iaV
"A yers, manufacturers, other bushes
- men and representatives of all ASS
= Citations which come in contact WI
Z discharged men and their dependent
6 The former service man who 'iv'
{ on the farm will be reached to lars
, extent through banks which have Ne
2 unteered to serve as clearing hous
= for information on War Risk lnsu
Z ance.
s There are six forms of governme
= insurance, as follows:
: |. 2O-year endowment.
T: 2. 3O-year endowment.
: 3. 20-payment life.
I: 4. 30-payment life.
= 5. Endowment at age 81.
I: 6. Ordinary life.
|? Applications are being received
:: the Bureau of War Risk lnsura'
"A for changing the present term ms
- ance which was issued at the time
entering the service, into the perm
40 ent forms.
AO Ten features which promlner
oe stand out in the government policy
is as follows:
/. The total permanent disabi
clause is granted without cost to
- insured and it is free from all rest
tions.
80 2. Government insurance does
on charge it's policy holders and o