River Falls journal. [volume] (River Falls, Pierce County, Wis.) 1872-2019, 1920-02-26
REINSTATEMENT OF WAR
RISK INSURANCE

Under new and very liberal
ruling of farreaching Importance
to millions of former service men,
issued by Director r. G. Cholmeley-
Jones of the Bureau of War Risk In
surance with. the approval of Secre-
tary of the Treasury Carter Glass,
War Risk (term) Insurance, regard
less 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
reinstated any time before July /,
1920.
The only conditions are:
"a Two monthly premiums on the
amount of insurance to be relnstated
must accompany the application.
(2) The 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 In
surance since the passage OF the
Sweet bill, and is designed for the
special benefit of service men VINO
failed to reinstate their insurance
prior to the new law, and who have
been discharged more than Is months.
Ex-service men may still reinstate
their lapsed term insurance at any
time within 10 months following the
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-
MUM without a formal application or
statement as to health.
Reinstatement may also be made
after Is months following discharge
as follows: If the insurance has not
been lapsed longer than 3 months, by
complying with the conditions outlln-
ed in (l) and (2f above. From the
fourth to the eleventh month, inclu-
sive, after lapse, by complying with
the same conditions, and in addition
submitting a formal report of exam
nation made by a reputable physlc-
ian substantiating the statement OF
health to the satisfaction Of he Di-
rector of the Bureau.
In announcing the new ruling, Di-
rector Cholmeley-Jones desires to en-
phasize the fact that War Risk
(term) Insurance of u. S. Govern
ment (converted) Life Insurance may
now be made payable to any of the
following new and enlarged group of
benefciaries:
Parent, grandparent, step-parent,
wife Tor husband), child, step-child,
adopted child, grandchild, brother,
sister, half brother, half-sister, broth
err through adoption, sister through
adoption, uncle, aunt, nephew, niece,
brother-in-la sister-in-law; per-
sons who have stood in the relation of
a parent to the insured for period
of one year or more prior to his en-
listment or induction, or the child or
children of such persons; parent,
grandparent, step-parent, or parent
through adoption of the insured's
wife Tor husband).
War Risk term Insurance may be
converted into United States Gov
eminent Life Insurance, now or at
any time within five years after the
formal termination of the war by
proclamation of the President.
United States Government ICON
verted) Life Insurance, including
Ordinary Life, Twenty Payment Life,
Thirty Payment Life, Twenty Year
Endowment, and Endowment at Age
81, may now be paid in lump sum
at death, if such method of payment
is DESIGNATED by insured