Williams news., 1920-03-12
Volume 2S
SPECIAL. RULING ON REIN
 STATEMENT INSURANCE

DOICdIlC0 CO IIl1II1OIIS O1 1OA AAiSA service men, issued by Director R. G. Cholmeley-Jones of the Bureau of War Risk Insurance, with the approval of Secretary 1of the Treasury, Carter Glass, War Risk, (Term) Insurance, regardless of how long it. may have been lapsed or cancelled, and regardless of how long the former service man may have been discharged, may be rein stated any time before July 1, 1920. 1
 The only conditions are:
 CD Two monthly premiums on the amount of insurance to be reinstated must accompany the application.
 CD The applicant must be in as good health as at the date of discharge, or at the expira- tion of the grace period, which ever is the latter date, and so state in the application.
 The new ruling is the most important liberalization of War Risk Insurance since the pas sage of the Sweet bill, and is de- signed for the benefit of service men who failed to reinstate their insurance prior to the new law, and who have been discharged more than eighteen months.
 Ex-service men may still re- instate their lapsed term insur-. vance at any time within IS months following the month of discharge by complying with the same conditions. Within 3 months following the month of discharge reinstatement may be made by smply remittingl two months premiums without formal application or statement as to health.
 Reinstatement may also be made Is months following dis 7 charge, as follows: If the in surance has not been lapsed longer than three months, by complying with the conditions outlined in CD and (2) above. From the fourth to the eleventh month, inclusive, after lapse, by complying with the same condi- tions, ,Sand in addition submit ting a formal report of examin- ationAmade by reputable phy- sician substantiating the state ment of health to the satisfac- tion of the Director of the bu- reau.
 In announcing the new ruling Director Cholmeley-Jones de- sires to emphasize the fact that War Risk (tern) Insurance or U. 5. Government (converted) Life Insurance may now be made payable to any of the fol- lowing new and enlarged bene- ficiaries: Life Insurance, now or any time within five years af- ter the formal termination, :: Parent, grandparent, step-par- ent, wife Cor husband), child. step-chi1d, adopted child, also grandchild, brother, sister, half-brother, half-sister, broth CT thru adoption, sister thru adoption, step-brother, step sister, parent thru adoption, uncle, aunt, nephew, niece. brother-in-law, sister-in-law. or. persons who have stood in the relation of parent to the in- sured for a period of one year or more prior to his enlistment or induction, or the child or children of such persons, parent grandparent, step-parent, or parent thru the adoption of the lnsured's wife Cor husband)
 War Risk (ternn) Insurance may be converted into United States Government Life Insur- ance, now or at any time within five years after the formal ter imitation of the war by procla- nation of the President.
 United States Government (converted) Life Insurance. in. cluding ordinary Life, Twenty Payment Life. Thirty Payment Life, Twenty Year Endowment Thirty Year Endowment. and Endowment at Age 62, may be : pald In lump sum at death ii such method of payment is de. signed by the insured.
 MT. Knowles who fornoarl1