The Chickasha daily express. (Chickasha, Indian Territory [Okla.]) 1899-current, 1920-01-15
Ne W WAR RISK
INSURANCE HAS
..Ae
MANY FEATURES

According to an official bulletin
OF the treasury department Bureau
of War Risk Insurance, received by
the naval recruiting station here to-
day the amendment of the War Risk
Insurance Act passed by congress De-
cember "a, 1919, not only offers ex-
service men much better terms and
more inducement to retain govern
ment insurance than did the original
act, but ii insures more adequate pro-
tection Ito those who have been in
jured in service.
One Of the disagreeable features
OF the original act seemed to be the
restriction Of beneficiaries to hus-
band or wife or relatives of blood
kin. The amendment lifts this re-
striction to the extent that policies
may be made payable to relatives by
either marriage or adoption Anoth
er Objectionable clause of the old
form of insurance was the money
would be paid the beneficiary at the
death of the insured in installments
of 1915 per thousand dollars of insur
ance carried. The new act provides
that converted insurance may now be
paid ina lump sum or in installments
for thiIty-six months or more at the
option of the insured
The rate Of compensation for dis
ability boo, has been greatly increas-
ed. Comparative figures hf the
amounts paid under the old law and |
tsose provided for by the new act |
show that the government will pay
from one hundred and ninety to two |
and fifty per cent more in
the future to disabled ex-seryice men
than was paid in the past For in
stance, disabled man with neither
wife nor child formerly received a
compensation of $4,000 per month,
he viii receive $4,000 under
the new law.
Under the War Risk Insurance Act
the same scale applied for total and
permanent disability as for Temporal
ny total disability distinction is
made between the two in the new
law Under the latter the conpen
sation monthly for total and perma-
nent disability is 500 per month with
an additional $40 per month granted
Il the disabled person is so helpless
rs to require the constant service of
4 nurse or attendant
Not only does the revised act allow
of S1O0 per month for
he loss of both feet or both hands
u the sight of both eyes or for be-
coming helpless and permanently
>ed-ridden, but the same amount is
paid for the loss of one foot and one 9
rand, or one foot and the sight of one
we, or one hand and the sight of one
'ye
Another provision of the new law
S as follows: IF and while the dis
bility is rated as partial and tempo
ary, the monthly compensation shall
e a percentage of the compensation :
hat would be payable for total and
emporary disability, equal Ito the de- +
rec of the reduction in earning ca
acity resulting from the disability.
If and while the disability is
ated as partial and permanent, the
lonthly compensation shall be a per-
entage of the compensation that
'ould be payable for total !,
nd permanent disability equal to
le degree of the reduction in earn =
lg capacity resulting from the dis :.
bility. !" II
1t is made plain by the bulletin .
lalt in no case is compensation pay u
Die for reduction in earning ca Ut
lcity rated at less than ten per D.
mt. sEek ,, "