The Redwood gazette. [volume] (Redwood Falls, Minn.) 1873-1940, 1920-01-14
legion Members
Hear Ins. Advice
CHAS. III. GILES GIVES INFORMA- I
TION TO FORMER SERVICE
MEN WEDNESDAY EVENING.

Charles III. Giles, representative of
the Bureau of War Risk Insurance
for the State Of Minnesota, met with a
number of the members Of the Ameri-
|can Legion Wednesday evening and
gave the returned service men some
excellent advice on the subject of their
war risk insurance. A digest Of Mr..
Giles remarks follows:
Tho Government is undertaking to
|decentralize the Bureau of War Risk
Insurance in order to get into closer
touch with ex-service men and with
those welfare organizations who are
rendering them assistance. In line
with this plan have bean assigned as
Representative of the Bureau to the
state of Minnesota for the especial
purpose Of furnishing technical in
formation, advice and assistance in
connection with government life in
surance. A great amount of misunder-
standing and incorrect ideas exists in
regard to the feature of this insurance
1t has been found that in the majority
of cases where the government insur-
lanca is fully understood the men are
reinstating their lapsed insurance, and
those who are financially able to dc
so are converting it into one or more
of the permanent forms now offered
by the government. These policies are
more liberal in their conditions and
privileges than any ever before OBJ
tainabla, and the premiums charged
are lower than is charged by any COM
mercial company for policies written
on the same plans. This is because
all the cost Of the administration of
the Insurance Division is as
sumed by the government and paid
out Of the Treasury of the United
States. All the policies contain thf
most liberal total permanent disability
benefit ever before obtainable.
by a recent ruling of the Treasury
Department it is now possible for men
who have lapsed their insurance for a
period not to exceed eighteen months
following the date of their discharge
to reinstate it by the payment of only
two premiums on the amount to b,
reinstrated or converted. Within per-
iod of three months from tho date OF
lapsation no examination or health
statement is required. If the policy
! has been lapsed for more than three
months, no examination is required
but a simple statement that the insur
ed is in as good a state of health a.
the time Of his discharge, is required
4 Those whose insurance has been lapset
4 for more than eighteen months, car
4 re instate it on the same terms up t,
. December 81, 1919.
There is no service which the peo
pie of a community can render t,
/ former service men that will be great
er and more far-reaching in its bene
fits than to influence them to retain
their government life insurance, an,
lit is hoped that general sentimen
favorable to their doing so will b
aroused in every community. Entirel,
separate and distinct from the benefi
: to the men themselves in the event {
their becoming disabled and to thei
dependent families in the case of the
death, the purely selfish interests o
: the community from financial an
tax paying standpoint would deman
that this provision made by the gov
Eernment should be made use of by tn
J imam.
THE Home Service Section of tn
local chapter of the American Re
Cross have among their personne
) those who are qualified to inform, ad
] wise, and assist the men in the matte
3 of their insurance. Most of the Post
e of the American Legion have ais
delegated one Of their members t
act as insurance officer for the Pos
4 working in ordination with th
!, American Red Cross.