Norwich bulletin., 1920-04-27
GOVERNMENT INSURANCE POLICIES
 AVAILABLE FOR SERVICE MEN

The secretary of R. O. Fletcher post, No. 4, American Legion, has been notified by the bureau of war risk insurance that Uncle Sam's new life insurance policies are now ready for distribution
 When congress passed the war rkk in surance act, which has been characterized as, the most liberal law ever placed on the statute books of grateful nation" 1t provided that the war time policies which were planned to endure for only five years, might be converted into per manent forms of life insurance to be is- I sued by the United States government Announcement of the actual provisions of the new policies which now is made was deferred until necessary supplemental legislation could be passed in order that the policies might be made models of lib- erality.
 These policies are issued to former and active service men and women of the American forces on terms which have been made exceptionally favorable in recognition of their services The roy- ernment pays all the costs of administra- I tion.
 The six permanent forms of United States government life insurance into
 which teh war time insurance may be
 converted are: Ordinary life: 20 payment | life; 30 payment life; 20 year endow- l ment; 30 year endowment; endowment maturing at age 62. -
 New and Important Features, The principal features included in the United States government life insurance contracts, which have been approved by Secretary of the Treasury D. F. Houston and are being issued by Director R. G. l Cholmeley y-Jones of the bureau of war 1 risk insurance. are:
 First, that the insured has three op- tional settlements:
 l Option l. Insurance navabIe in one
 sum Settlement under this option will i, be made when the form has been selected l by the insured during his lifetime or the l payment in one sum is requested in his last will and testament
 Option 2. Insurance payable in elected
 1nstallments. The monthly instaIlnents are payable for an agreed number of
 months under their form of contract 1no+
 less than s6) to the designated benafi- ctary, but if such beneficiary dies before the agreed number of monthly install ments has been paid, the remaining 11n-
 naid monthly installments will be payable | in accordance With the beneficiary pro- visions of the policy
 Option j. Insurance payable in install, ments through life The instaIlments
 may be payable throughout the lifetime
 Of the designated beneficiary if they so
 elect, but if such designated banaficiarv dies before 240. such instalIments have been paid. the remaining unpaid monthly
 installments will be payable in accord
 ance with the beneficiary provisions of the. policy.
 Total and Permanent Disability Benefits.
 Second. The policies provide for total
 ant permanent disability benefits to the
 insured covering the entire period the
 policy is in .force,' and during the period of the insured's total and permanent dis
 aniiity. The total and permanent dis
 ability feature is also included in the ',I paid-up and extended features of the noI. l; icy contract. Dividends.
 Third The policy shall participate in
 and receive s'ich dividends from gains and savings may be determined hI
 the director O. the bureau of war risk
 insurance with the approval of the sec.
 retary of the treasury.
 II InccntestabiIity. : Fourth The policies shall be incon. testable from the date they take effect except for non-paypent of premiums. anf , are issued free of restrictions as to travel residence occupation, or military or maya : service, except that the discharge or dis r missal of the insured from the rniIits r, g or naval forces of the United States n, 3 the, ground that he is an alien enemy
 conscientious objector, or a deserter n l as guilty of mutiny, treason. spying. n f any offense involving moral turnitude o : willful and persistent misconduct sbs, y terminate this insurance and bar al rights hereunder
 Cash Surrender and Loans.
 Fifth. Cash surrender and paid-un in surance, extended insurance and polio | rs-sx@ f<.I-- ] ter premiums for 12 full months hay l. been paid.
 r Payment of Premiums - Sixth. Premiums are due and payabI l. on the first day of each calendar mont l. in advance in legal tender of the Unite it States of America to the treasurer of tn t United States in the city of Washington V District of Columbia.
 T Reinstatement. $ .I Seventh. The government policies, not surrendered for cash surrender yaIu, ss may be reinstated at any time after laps = upon evidence of the insurability of tn A insured satisfactory to the bureau of wa = risk insurance, and upon the payment 2 all premiums in arrears, with interest fro, their several due slates at the rate of 2 per centum per annum, and the paymer v or reinstatementz of any indebtedness II which existed at the time of such defaul
 with policy loan interest
 # Policies Now Being Printed. a The. policies themselves are now in u E hands of the government printing offic 'i and will be issued to all those who ha, r, ayailed themselves of their privilege ! re convert the, war time term insurance in Id the new forms of U. S. government Ii
 insurance policies.
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