New Mexico state record. (Santa Fe, N.M.) 1914-19??, 1919-10-10
ONLY FOURTH OF SOLDIERS
RETAIN U. S. INSURANCE

y Washington, ID. C.-The farms o
country contributed about one-fourtf
4 OF the man power of the forces o.
= the United States engaged in the
< War.
1t is estimated that 10000 men
who served in the Army the Navy
< and the Marine Corps were born and
= reared on American farms.
= A total of 453904S men took out
t War Risk Insurance, their aggregate
: policies totalling nearly $40,OOOU
and each policy averaging $500. OF
. this total insurance, service men from
the farming districts carried approx
| mately $l0,420,O00,0O0, and by far the
greater percentage OF this insurance
was made payable to wives. mothers,
fathers and other relatives who re-
side on farms.
The average age OF the men who
fell in action, died of wounds or
from other causes during the war,
was q 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
Y 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 Gov
ernment Insurance. To avail them
selves of the opportunity to convert
their War Risk Insurance into Per-
manent United States Government
| Insurance 1t is necessary that the
men discharged from 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 per-
manent policy.
From the record il 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 un-
familiar with the provisions OF the
Act, or that they have not felt finan-
cially able TO carry their insurance
al this time
To guard against any man losing
hlS right to Government Insurance
because of this condition the Secrc-
tary of the Treasury recently issued
ruling allowing every man eighteen
months IN which he has the opportu-
nuity To reinsiate hi, insurance after
he has allowed It to lapse
This reinstatement privilege should
be clearly understood So long as
a man is not paying his premiums
H.. A.
privilege merely gives him the right
to again have Government Insurance
without undergoing physical exam
nation, and upon the payment of two
months premiums.
A nation wide campaign has been
inaugurated for direct personal con-
tract with former service men
through which they may be informed
OF their rights to permanent Govern
ment Insurance, and in this campaign
have been enlisted the American Red
Cross, the Y. NJ. {. A., the Knights
OF Columbus. the Salvation Army, the
Y. NJ, II. A., the Boy Scouts, and
numerous other National social wei
fare organizations, In addition more
than $1,000 life insurance agents have
been enlisted. The volunteer roll
further includes thousands of bank
ers, doctors, lawyers, manufacturers,
other business men and representa-
tives of all associations which come
in contact with discharged service
men and their dependents.
The former service man who lives
on the farm will be reached to
large extent through banks which
volunteered to serve as clearing
houses for information on War Risk
Insurance
There are six permanent forms of
government insurance, as follows:
|. 1-lear Endowment.
?. 50-Year Endowment.
). 20-Payment Life.
\. W-Payment Life.
5. Endowment at Age o.
3. Ordinary Life.
Applications are being received by
the Bureau of War Risk Insurance
for changing the present term in
surance. which was issued at the
time of entering the service, into the
permanent forms.
Ten features which prominently
stand out in the government policy
are dS IOllDNs
!. The total permanent disability
clause is granted without cost to the
insured and it is free from all res
trictions.
2 Government insurance does not
charge its policy holders any over
head expense.
J. II contains an extremely liberal
definition of disability.
T. II gives very substantial pay
ments.
). II contains nc age restrictions.
6. II is unrestricted as to travel.
reSidence or occupation.
l. Premiums paid in advance are
refunded down to the month. IN case
Of death
3. The policy Is non-taxable.
@ Unusually liberal cash. loan.
paid up insurance and extended
term insurance are included
10 II participates in dividends
II the policy holder is unable to
keep the full amount Of the War Risk
Insurance he carried while in the
service. he NAV reinstafc part OF il
from SlO0J up TO $1,000 in multiiles
IF $500 Reduction may be made
in muitipies Of $500 to anv amount.
but not less 'han SlO00 Premium.
ire due on the first Of the month.
although payments NAV be made
turing the calendar month.
NEW MINING COMPANY