The Leon reporter. (Leon, Iowa) 1887-1930, 1919-07-10
Insurance for Soldiers, Sailors and
+, Marines.

$. Marines.
ram receiving letters inquiring
surance by discharged soldiers, sail
ors and marines. | am sending this
general statement to the press so as
to furnish information to all who
may be interested.
The government insurance grant
ed is by far the safest and cheapest
insurance that can be procured and
should not be allowed to lapse If it
ments should be kept UP by the sol
der, and If he cannot make the pay
ments his relatives or friends should
help him.
The present form at present rates
can be held for five years and at any
time within that period can be con
verified into other forms which the
amount of $4,000 cannot be main
tanned the government will allow a
reduction, with corresponding re-
duction in amount of payments.
Six forms of permanent insurance
are offered:
/. Ordinary Life. -......,
2. Twenty payment Life.
3. Thirty payment Life.
d. Twenty year endowment.
5. Thirty year endowment
6. Endowment maturing at age Of
sixty-twO.
Payments may be made monthly,
quarterly, semi-annually, or annual
ly. After one year the new policies
have cash value which will be paid
Money can also be borrowed on them
up to "a Oh of the cash value. The
government insurance will not be
turned over to private insurance
companies.
Reinstatement Of lapsed insurance
can be made at any time within nine
months after the date for first lapse,
under the following conditions:
:, 1. Where the insured has paid no
premiums since discharged:
ca II not discharged more than
three months, the policy may be re-
instated by simply sending in past
due premiums, provided the insured
is still living. No application for
reinstatement or, proof of good
health is required.
90 If discharged more than
three months and less than nine
months. insured must be in as good
health as at date of discharge, and
so state in his application for rein
statement when sending in premiums
past due. No medical examination
is required.
Co. If insured was discharged be:
fore January l, 1919, the insurance
may pc relnstated at any time be-
fore September 49,. 1919, on the
same conditions as in paragraph 90
above; namely, insured must be in
charge and so state in his applica-
tiol TOR reinstatement when send
ing In past due premiums. No medi-
cal examination is required. -.
2. Where the insured has paid
the first premium due after he was
discharged but has failed to pay
some of the later ones;
(a If less than three months be-
hind in premium payments and in
sured is in as good hea lth as when
policy lapsed, and so states in his
application, he may reinstate with
out medical examination by sending
IN premiums past due.
CD II more than three months
behind and less than nine months,
insured may reinstate, if in as good
health as at the date when the in
surance lapsed and so states in his
application and submits Herewith
the Director of War Risk Insurance
from a reputable physician, togeth-
en- with premiums past due.
8. Where the insurance has been
formally cancelled 1t may be rein
stated on conditions similar to the
above.
If the policyholder is unable to
keep the full amount of War Risk
Insurance he carried while in the
service, he may reinstate part of it
from 81 900 up to $4,000 in null
tiples Of $500. Reductions may be
made in muItiples of $500 to any
amount but not less than $1,000.
Premiums are due on the first of
the month, although payments may
be made any time during the ca1en-
der month.
Premiums should be paid by
check, draft, or money order pay
able to the Treasurer Of the United
states, and should be sent to the
Premium Receipt Section. Bureau of
War Risk Insurance, Washington,
D. c.
In writing give full name and COM
olete address, rank at time. of ap-
plying for insurance, Army or Navy
Army serial number.
md number Of insurance certificate
f known
When the War Risk Insurance
aw was enacted it was we'll termed
the most generous piece Of legisla-
ion ever written on the statute
books of grateful nation" It is
doubtful if anything which the gov
ernment can do for the returned
soldier, viii! be Of more value to him
han this insurance if it can be
n M