Daily Kennebec journal. [microfilm reel] (Augusta, Me.) 1870-1975, 1919-04-08
HOLD ON TO UNCLE
SAM'S INSURANCE

SANS INSURANCE
Attention: Service men, discharged
or on inactive duty.
The sacrifices that you made when
You went into the service and the
sacrifices that your families made
when You left them behind have been
appreciated by Uncle Sam, and he
has gone into the Insurance business
permanently in order that you may
. continue protection for your fami-
lies now that you are back 20 civilian
life as YOU SO effectively protected
them when YOU were in the service.
You may have let your insurance
lapse through payment to premi-
ums since your return to civilian &C.
equations. but your government has
made plans by which you can REIN
state it. and details Of these plans
may be obtained from any one of the
| insurance officers now on duty at al
most all plants doing government
work throughout the country.
Through the war you were pro-
tected under what is called Term In
surance. because that form of insur-
ance is recognized as the best form
for an emergency of short duration,
and was the. cheapest form Of war
time insurance. Term insurance is
an insurance through which the gov
ctc 70 ivc
your life from year to year. 1t is
automatically renewable if you con-
tinue the payment of your premium,
but the premiums increases as YOU
grow older, because greater probable
ity of your death becomes greater
each year.
Immediately upon the declaration
of peace Uncle Sam will give You a
chance to convert or change over
your present term insurance into a
permanent form of government in
surance. The premium on the new
insurance will remain the same
throughout your life. and will be car
ried without any charge for operat-
ing expenses. The policies to be Of
fered by the government are:
/. Ordinary Life.
2. 20 Payment Life.
3. 80 Payment Life.
4. 20 year Endowment.
3. 80 year Endowment.
6. Endowment at the age of e..
The premiums on the new insur-
ance will be higher than those on
term insurance because you not only
viii! have protection but will also Gre
ate savings fund which is like put
ting your money in the bank at in
terest. The savings fund grows from
year to year and you will be able at
any time to borrow money on your
policy in proportion to the amount
in the savings fund.
The new rolicies provide disabil-
ity feature which is not equaled by
any company in the country. II pro-
vides that when a man becomes per-
manently and totally disabled he will
receive the benefits of his insurance
himself regardless of when disa bility
occurs. 1t must be remembered that
every one will some day be perma-
nently and totally disabled through
old age if nothing else. and SO this
insurance not only protects your fam
lily from the time you take it out. but
4 also affords YOU the protection
which you will need when you are no
longer able to provide for yourself.
All men who have had term insur-
ance are eligible for conversion with
out medical examination. irrespective
Of their civilian occupation and they
may convert a little at time IL they
so desire. 1t is most advisable to
convert as soon as you can but the
government allows five years after
the declaration of peace for the ben
eft of those who can not convert at
once.
Uncle Sam las also remembered
that your beneficiaries have been re-
ceiving their money every month as
you earn 1t. and has provided for
payments of insurance in monthly in
stallments based on three anG half
per cent (3ATo) interest.
The new policies will also he par
tcipating SO that you will receive a
dividend during the life of your poll
cy. If you desire you may leave this
il will draw interest or YOU may have
it deducted from the premium of the
next year SO that your insurance will
cost you less and less as years go on.
The policies are incontestable.
which means. that they will not be
subject to claims or creditors at any
time.
You can make payments on your
new insurance annually. semi -annu-
ally, quarterly or monthly as you
please.
Retain your present insurance and
If you have let 1t lapse through nom
payment of premiums since you were
discharged. go to the nearest insur-
ance officer or Red Cross agent and
re -instate it. This insurance is Sc
cure because the United States gov
eminent is behind 1t.
Hold on to Uncle Sans insurance.