The Redwood gazette., 1919-12-17

For various reasons many OF the
returned service men have allowed
their War Risk insurance to lapse and
unless they reinstate before the frs
Of January they will not be able to
reinstate. This special form of IN
surance is the soldiers own special
insurance and IN the words Of Carter
Glass There should be feeling of
special pride in the ownership Of War
Risk insurance CON ract since only
those who have served in active duty
during the recent emergency are en-
titled to hold it. It IS too valuable
to the boys and heir families to be
turned in with rifles, packs and mess
kits.
The American Legian weekly, in
urging the men TO refnstate says.
War Risk Insurance is good IN
surance. 1t is what the Government
says II is: the cheapest insurance IN
the world, and as good as the best. As
uming the Sweet bill shortly will be-
come law, The american Legion
Weekly endorses the arguments of
the Secretary of the Treasury and
the Director Of the Bureau, that ev-
cry veteran whose insurance has lapsL
ed should reinstate himself at once,
convert his insurance within five
years, and carry as much as he can.
is duty he owes his family, and, fur
thermore, as business proposition the
new government Insurance is going
to be hard to beat.
Xurr~ D..
perieneed q growth which would have
taxed the most elastic and efficiently
constructed insurance organization III
the world In less than one year
come to embrace four .Oi the largest
businesses Of their kind IN the w5rlJ
First marine and seanan IN
suranee company, doing a total tJusi-
ness Of $2,389, 81, 500, with premiums
collected amounting to $46,848, 300 I;
policies issued, 1896; claims paid,
$23, $40, 200: and showing q total sur
plus over expenses u $17,5OO, 500.
Second.A banking concern hands
ling 4,391 1856 applications for. allot
ments and allowances, and making All
expenditure sc $508, ,O00, 900.
Third An employers liability CONF
pany, already paying claims to the.
extent Of $t,662, 200 month, and
having paid burial expenses to the ex
tent Of $1,5d5, 200.
Fourth "a life insurance company
having written 1853, ,O28 policies. rep9
hesenting td IL insurance originally
in force Of &39, ,669, ,198, 900, with pre-
nliums collected to January Il 1919,
500, ,O00, 400 and claims payable to the
extent Of 81 ,010, ,265 900.
IN the end the Governments will
correct BY payment, Ills errors deal
ing with matters of compensation, al
lotments and family allowances. This
statement, however, cannot be proper
Ely made with regard to government in
snrance. It is entirely at the option,
of the man in the service or the ex-
service man whether he retains his in
surance or permits it TO go BY the
board. The figures prove that he has
largely permitted his insurance to
lapse, and this is not because the in
surance is not good, for it is the best
in Il he world. and not because it is
not. cheap, because il is cheaper than
any privately organized life insur-
ance company ever can offer. 1t is
largely because red tape and ineffi-
cheney have disgusted the veteran with
his transactions with the bureau, The
improvement which should come about
IN the administration Of the bureau
and particularly Of its insurance di
vision, ought to resalt in an increas
ed faith on the part Of the ex-service
- A-aN4 \