The times-herald. [volume] (Burns, Harney County, Or.) 1896-1929, 1919-11-22
Important Treasury
Decisions Regarding
Government Insurance

Many mon who rcinatated thc,I
Government Term Insurance by send.
ing In all the premiums for the tim,
In which their insurance was lapesd
are now asking IL nny OF that money
will be retusded owing to the fact
that now only two months premiums
(the month OF lapsation and the
month qf fcinstatemcnD are re.
CURED.
TbiA question has tust been ans
wercd hNiG,nCw Treasury Decision
which statti---
III ON reinstatement OF insurance
any Insured has paid IN amount
greater than that now required. on
written application by the insr.-ed
or ~ beucficiary the excess Of pre-
miums paid shall be applied towards
the p1vmcNt at futurc premiums"
Another important Troaaurv Dc-
cisi0r roccu,ly issued provides that o.
When any insured whose insur-
aH,e hus rven terminated bv lapsc
uY cancellation, excepting that pur-
lion whiN. if cnuvcrted, shall vith-
IN h. lfo.time auG within .hrre ral.
cndCr months succeeding The month
of discharge tender to the Bureau
of War Riak Insurance The premiums
required, such Insurance shall be
deemed TO ho roinstatCd ana writ
ten application and statement of good
health shall not he required"
Most important OF all perhaps ~
another Treasury Decision which
gives men who are not eligible for
reinstatement under existing regu-
lations one more chance TO reinstatc.
The present ruling provides that in
surance lapsed or cancelled may be
reinstated within eighteen months
after the month Of discharge proyid-
INK the insured is I'm as rood health
as mt the date OF discharge or at the
date of lapse and provided such In
surance has not been lapsed for more
than one year. The new decision
Huspends this time limit until De-
cember 81, 1919. " states that
yearly renewable term insurance
may be reinstatcd ~ any time before
December 81. 1919, provided the In
sured Is In as good health as at the
date of his discharge. or az the cx-
piration 81 the grace period. which
ever In the later date. and 10 states
In his application.
This means that every man whose
insurance has lapscd ar been cam
cciicd may rcinstate before January
fst without ~ ph, steal examination. /
Please give a much publicity as pos
sihlo 20 this ruling.
a series of decisions issued by Tho /
Director OF the bureau of War Risk .
Insurance with the approval of the /
Secretary OF the Treasury provides .
more liberal conditions for reinstate- .
ment OF lapsed or cancelled insur-
ince.
The provisions OF Treasury Decis-
on No. ~, allowing eighteen months
rom the date OF discharge for rein
'tatement upon payment OF only two
months premiums on the amount Of
90 be reinstaied. are re-
aimed. That decision IL liberalizcd.
however. by a new provision that
men out OF the service are permitted
% reinstate by merely paying the two
ncaths' premiums without making
, statement as TO health al any time
sithin three calendar months follow
ng the month OF discharge.
After the three months following
he date OF discharge have elapsed. a
tatement from the applicant Ia the
fleet that he is In as good health as
Il the date OF discharge or al the ex-
'iration Of the grace period. which
yer Is the later date. viii be re-
Iuired together with written appli-
alton for reinstatement and the
ender OF two months" premiums on
he amount OF insurance he wishes TO
einstatc.
Ia order To give all former service
nen whose Insurance has lapsed or
cen cancelled. a fair chance To re-
nstate their insurance. Including
Zen who have been out OF the SER
Ice eighteen months or more. and
'ho are therefore barred from rein
atement under the former ruling.
special blanket ruling is made
hich allows all ex-service men to 4
'instate their insurance before De- n
'mber 81, 1919, provided that each I
pplieant IN In as good health as at
ate OF discharge or AT expiration OF n
le grace period, whichever is the d
ter date. and so states In HIS appli- n
ition. OF course IL is necessary 3
lat he tender the two months prem \
ms on the amount Of insurance he O
ishes 10 reinstate. "A
Service men who reinstated their /,
surance by payment of all back [,