Grand Forks herald. [volume] (Grand Forks, N.D.) 1916-1955, 1920-07-24
FRAZIER URGES
KEEPING UP Of
WAR MSU
Governor Sends Out Circuu
lar Clarifying Points on
Government Policies.

Bismarck, N. d. July 24.-In order
to clarity any misconceptions relative
to the governments war risk ,insur-
ance n the plan Of converting the
wal risk policies into the new gov
eminent peace time insurance policy,
Governor Lynn j. Frazier has issued
the following open letter to the
service men of the state:
The Letter.
Bismart/. N. D., July 20, $780,
From: Lynn ]. Frazier, governor
of North Dakota.
To: All ex-service men within the
Subject: Reinstatement and Con-
version Of Government War Risk In
surance.
1. At the time Of our entering the
war government war risk. insurance
was instituted to protect the depend
ents Of the service men and the aerv-
ice men themselves from the possible
effects of their service. The war risk
insurance, so-called. provided for the
payment by the insured of a very
small premium based upon the Amer
lean Experience Table Of Mortality
with no extra cost for the extr Gne
hazards OF warfsve and no charges for
administration or cost Of operation.
In return for the payment of this
premium. the government would pay
to h beneficiaries named the sum of
five dollars and s~eventy-five cents
($5.75) per m6nth per thousand dol
lars of insurance in the ven of the
death of the insured or to the insured
himself in case of disability. This
war risk insurance was paid only in
installments and had no participating
BENEFITS. In view Of this fact, the
government realizing that such a con-
tract of insurance would not be es-
pecially attractive to the service men
upon their return to civilian pursuits,
offered what is known as the govern
ment converted insurance which is
available to every holder of war risk
insurance. by conversion from one
form of insurance to the other.
2. In this converted insurance the
government offers to the ex-service
men or women a standard policy with
participating benefits. more liberal
than any that are elsewhere obtain
able and at a premium rate from
twenty to twenty-five per cent lower
than prevailing rates for similar con
tracts. Furthermore, the government
converted insurance is more liberal in
that it gives a cash surrender or loan
value at h n of the first year; it
gives a total. and permanent disability
clause without cost and which has no
age limitation so that in effect it Id
also a protection against old age. The
~ II 1A4SOI1LcSldULO
Tor n reason. except non-payment OF
premiums. Full allowance is given to
the tnsureS to engage in any ccupa
ton or to travel in any country with
out losing or affecting his insurance in
any way.
Many Lack Information.
8. Many men from lack Of infor-
converted insurance, or laboring un-
der the impression that it was purely
a war measure, permitted their insur-
ance to lapse upon their return from
the service. Their rights, however,
are still available to them and by ap-
plying to their local Red Cross chap
ter or American Legion post a rein
conversion. Of their insurance can be
effected by a payment Of two monthly
premiums. Such reinstatemu;t ma
be made without a medical examine
ton If application is made within
eighteen months from date Of dis
charge from the service. After
eighteen months a medical examina-
ton by a local physician at the e.
pense OF the applicant will bring
about q reinstatement of the 7insur.
ance. The war risk insurance may be
carried for q period Of five a after
he proclamation of peace by the
president, within which time it must
be converted to the government con.
verified insurance. Any part Of the
war fisk insurance may be conyerted
and the remainder carried under it,
former status. 4.
a. In view Of the excellent value
offered by the government in it's wa,
risk insurance, and the necessity 70,
such protection, I recommend an6
urge hat this opportunity be taker
advantage of by all. who are eligible
III IN ma PfiNirA1fo in tho ho~oH<e o,,oI =.
a grateful government alone can give
to those men who safeguarded thei]
country in time OF peril.
Lynn ]. Frazier.