The Ely miner. [volume] (Ely, Minn.) 1895-1986, 1920-02-27

sailors to take all the insurance Of
ferred by the Government at the low
rates charged"
"The company whose secretary
made the above statement has in
structed all it's agents to refuse to
take the applications from soldiers
and sailors until they have taken the
full amount Of the new Government
Insurance to which they are entitled
Special Ruling on Reinstatement Of
War Risk insurance.
Under a new and very liberal
ruling of far-reaching Importance to
millions of former service men, is
sued 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
les 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 1,
1920.
The only conditions are:
a. Two monthly premiums on
the amount of insurance to be rein
stated must accompany the applica-
ton.
(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 i'm
portant liberalization of War Risk
Insurance since the passage of the
Sweet bill, and is designed for the
special benefit of service men who
failed to reinstate their insurance
prior to the new law, and who have
been discharged more than 18
months.
Ex-service men may still reinstate
their lapsed term insurance at any
time within Is months following the
month of discharge by complying
with the same conditions. Within
three months following the month of
discharge reinstatement may be made
by simply renting two months pre-
miums without formal application
or statement of health.
Reinstatement may also be made
after Is months following discharge,
as follows: If the insurance has not
been lapsed longer than three months,
by complying with the conditions
outlined in % and (2) above. From
the fourth to the eleventh month, in,
elusive, after lapse, by complying
with the same conditions, and in adj
dition submitting a formal report of
examination made by reputable
physician substantiating the state
ment of health to the satisfaction of
the Director of the Bureau.
In announcing the new ruling,
Director Cholmeley-Jones desires to
emphasize the fact that War Risk
(term) Insurance or U. S. Govern
ment (converted) Life Insurance
may now be made payable to any of
the following new and enlarged
group of beneficiaries:
Parent, grandparent, step-parent,
wife, Cor husband), child, step-child,
adopted child, grandchild, brother,
sister, half-brother, half-sister, BROTH
err through adoption, sister through
stepbrother stepsister, par
emit through adoption, uncle, aunt,
nephew, niece, brother-in-law, Sis
persons who have stood in,
The relation Of parent to the in
,ured for a period of one year or
more prior to enlistment or Undue
ton, or the child or children of
such persons; parent, grandparent,
'tep-parent, or parent through ad-
option of the insured's wife Cor hus-
oand).
War Risk (term) Insurance may
De converted into United States
Government Life Insurance, now or
IT any time within five years after
he formal termination Of the war by
by the President.
United States Government (con-
yerted) Life Insurance, including
ordinary Life, Twenty Payment
Life, Twenty Year Endowment,
Thirty Year Endowment, and Endow-
nent at Age 62, may now be paid in
/ lump sum at death, if such method |
If payment is. designated by the in
Iured.