Richmond planet. [volume] (Richmond, Va.) 1883-1938, 1920-02-21
SPECIAL RULING ON REINSTATE.
MENT OF THE WAR RISK
INSURANCE..

Under now and very liberal
ruling Of far-rcaching Importance to
millions of former service men, issu-
cd by Director II. G. Cholmeley- Jones
OF the Bureau Of War Risk Insur-
ance with the approval of Secretary
|of Treasury Carter Glass, War Risk
tcrmD Insurance regardless of how
long 1t may have been lapsed or can
celed, and regardless of how long the
former service man may have been
discharged, may be rcinstated any
time before July l, 1920.
Jhe only conditions arc:
l. Two monthly premiums on the
amount of insurance to be reinstated
must accompany the application.
.. The applicant must be in as good
health as ut the date of DISCHARGE or
lat the expiration of the grace per,,l
Whichever is the later date, and so
state i'll the application.
The new ruling is the most import
ant liberalization Of War Risk In
surancc since the passage of the
Sweet bill and is designed for tho
benefit of service men who failed to
rcinstate their insurance prior to the
law, and who have been discharged
ulOIc lll;tll 10 months.
EX-scrvico men may still rcinstatc
their lapscd term insurance at any
time within is months following the
month Of discharge by complying
with the same conditions. Within
3 months following tho month of dis
charge reinstatement may be made
by simply renting 2 months prem
iums without Il formal application or
statement as to health.
Reinstatement may also he made
after IS months following discharge
as follows: If tho insurance has not
been lapscd longer than three months
by complying with the conditions
outlined i'll l. and 2, above. From the
fourth TO the eleventh month, inclu
sivc. after lapse by complying with
the Same conditions and in addition
submitting formal report of cxamina
ton made by reputable physician
subStantiatng the statement OF health
to the satisfaction of the Director of
tho Bureau.
! In announcing tho new ruling, Di
/ rector Cholmclcy-Joncs desires to
| emphasize the fact that War Risk
=. Ocrm) Insurance or u. S. Govern.
h.ShC ASoh NcilCuJ illc lHSuIuucc llluy
now be made payable to any Of the
following now and enlarged group OF
boncficiaries:
Parent, grandparent, stcp4parcnt
wife Cor husband) child, step-child
ADOPTED child; grandchild, brother
| sister, half brother, through adoption
sister through adoption stepbrother
, stepsster, parent through adoption
uncle, aunt, nephew, niece, brother
in-law sister in law, persons who
|have stood IN tho lr,It,on of a paren,
to the insured for aperiod OF one
year or more prior to his enlistment
or induction, or the child or children
or such persons; parent, grandparent
step parent, or parent through adopt
Ion Of the insured's wife Cor hus
band J
| War Risk tcrm) Insurance may be
converted into United States Govern
ment Life Insurance, now or at any
time within five years after the form
al termination of the war. by Drocla
nation of the President.
! United States Government (convcrt
ed Life Insurance including Ordinary
Life, Twenty Payment Life. Thirty
Payment Life, Twenty Year Endow
/ ment,r Thirty Year Endowment and
! Endowment at Age G2, may now be
paid i'll lump sum at death if such
method of payment is designated by
the insured.