The Manchester journal. [volume] (Manchester, Vt.) 1861-current, 1920-03-04
WAR RISK INSURANCE


sPtNiAi huahk on ACKNOWLEDGEMENT
I. Under n new and very liberal rul-
ing Of far-rcaching Importance 10 nil
lions Of former service men. issued by
| Director r. g. Cholmeley- Of the
Bureau Of War Risk Insurance with
he approval of the Secretary Of ths
Treasury Carter Glass. War Risk
fterml Insurance. regardless Of how
long il may have been iapsod or can
eeled, and regardless Of how long tho
former service man may have been
discharged, may be roinstated any
time before July /, 1920
The only conditions are
(D Two monthly premiums on the
amount OF insurance to be reinstated
must accompany the application.
CD Tho applicant must be in as
good health as at the date Of dis
charge, or at the expiration Of the
grace period, whichever is the later
date, and so state in the application.
The new ruling Is the most impor-
tant liberalization Of War Risk Insur
ancc since the passage Of the Sweet
bill, and Is designed for the special
benefit Of service en- who failed 10 re-
instate their insurance prior to the
new law, and who have been discharg-
ed more than Is months.
Ex-service men may still reinstate
their lapsod term insurance at any
time within rs months following tho
month Of discharge by complying with
the same conditions. Within three
months following the month Of dis
charge reinstatement may be made
by simply renting two months pre-
miums without a formal application
CIR statement as TO health.
Reinstatement may also be made af-
ter Is months following discharge, as
follows II the insurance has not been
|. .psed longer than three months, by
complying with The conditions outlin-
cd in % and GU above. From the
fourth to the eleventh month, inclu
sive, after lapse, by complying with
the same conditions, and in addition
a formal report Of exami
nation made by reputable physician
the statement Of health
10 the satisfaction of the Director Of
he Bureau.
In announcing the new ruling, Di-
,cetor Cholmcley-Jones desires TO en-
,hasize the fact that War Risk (tcrml
insurance or u. s. Government icon
Life Insurance may now be
made payable TO any Of the following
lew and enlarged group Of benefciar-
es:
Parent, prandparent, stcp-parcntr
wife (or husband), child, step-childr
.dopted child, grandchid, brother, sis
q, half brother, half-sistcr brother
dcption, sister through adopti.l,
tobbIothcr, stepsistcr, parent through
ooption, uncle, aunt, nephew, niece.
sister-in-lsw; persons
ylo have stood in the relation Of
aqcnt to the insured for a period OF
ro year or more prior to his enlist
nj or induction or the child or child
a Of such persons; parent, grand
aren't, stop-parent, or parent through
doption Of the insured wife Cor hus-
and).
War Risk (term) Insurance may be
Inverted into United States Govern
icnt Life Insurance, now or at any
ime within five years after the for
lll termination Of the war by proc
,zlation Of the President.
United States Government tconvcrt
ID Life Insurance, including ordin-
ry Life, Twenty Payment Life, fhir-
y Payment Life, Twenty Year En-
cwmcnt, Thirty Year Endowment
nd Endowment at Age 60, may now
G paid in lump sum at death, If such
ictFod Of payment is designated by
he insured.