The Idaho recorder. [volume] (Salmon City, Idaho) 1886-1927, 1920-06-04
Former Service Men Nay Now
Convert Their Insurance Into
Permanent Policy.
PROVISIONS ARE VERY LIBERAL
Ruling Permits Reinstatement of
apsed or Cancelled Insurance Be-
fore July I, Regardless of How
Long Nan Has Been Discharged

Washing 'on.-When congress passed
me war RISK Insurance act, which has
been characterized as "the most lib
era law ever placed on the statute
books OF II grateful nation" it provided
That TIE wartime policies. which were
! planned To endure for only five years.
might he converted into permanent
forms OF life insurance to he issued by
the United States government An
houncemcnt Of the actual provisions of
| me new policies which now IS made.
was deferred until necessary supple-
mental legislation could be passed, in
order fhat the policies might be made
models OF liheralitv.
These policies are issued to formor
ana activ" service men and women of
The American forces. ON terms which
! nave been made exceptionally favor
nh'e, IN recognition of their sacrifices.
he government pays all the costs of
administration.
\ total Of t.6l0.3SS applications for
war RISK Insurance. rcpreSentinr more
Than $40 00o 10000 have been 70
ceiSed IN the bureau of war risk fnsrr-
ahee. The applicants. in many eases
nave been awaiting definite Announce
iheht of the terms OF the new policieS
hefor" applying for conversion of thcir
VAR RISK Insurance Ia permanent forms
Others conceled their war risl; insur
hilee or permitted il to lapse. Inasmucb
" u y necessary that the war risk
d'fn) insurance must he In effect NJ
no time of conversion to one of tho
pern"n"nt forms of Insurance. II Is an.
iisilateu mat many who dropped their
insurance viii hasten to reinSto+o u
hhder The liberal ruling which permits
i"mcnt of EnScd or cancelled in
Sotahc", any time before July ! 1000
ee iaNmcnt of only rwo monthly nro
NUNS on tho amount of insurance N
~ felnS'ated the application In no no.
COMMANDED merely by n satisf,ctorr
statement Of health.
ne SIX rern1nent forms of I-nitod
SthteS government life Insurance ir,o
which The wartime insurance may no
converted arr.
l. Ordinary life
neutrality-suspicious. nfe.
y NEUTRALITY-SUSPICIOUS. lifc.
1. IWentN-year endowment
=, ihtrtN-vear endowment
., Endowment maturing nj age sixtv.
two NY
ne New and important Feature.
l rAgtnRf,,,,I
>'at'> government life insurance CON
'r''etS. which have boon approved h,
secretary If n" Treasury n + Hons
'"h hhd "rc being issued nv nirac,o,
u = observation-disclosures If tho hnr.or 90
aat risk Insurance arc.
tar>f 'hat the insured has ,hras /
'pt'enal settlements.
'aptinn l. Insurance pavoh,a IN 80
'uh Settlement under This option vii, |
'' mad" only when he fern has hoo,
selected nv the insured ,Iurinr his 1i,, |
me "r III" naNment in one sum Is 70. /
'he>tel in his last will nnd testamep,
'htian :. Insurance PAYABLE In sIact. /
y fnstallmeutS, The monthly ,,s,,u
'eif> mr." raNahle for I'm agreed nup,
''f 81 months under their firm Of COZ, /
rnef tnoI loss than C3l 10 tho at
,alea beneficiary. hut " such hone
''farF dies hefore the agreed nnmhor
! h'"fhN miscellaneous has heen mia
'e remaining unpaid monthly IN.
falimenfS viii he payable IN oecorI
nee with the beneficiary provisions q,
he policy W
'h'ieh x Insurance payable In Install.
hents through life. The miscellaneous
nay be payable throughout the Iifa-
me Of 'he designated beneficiary ~
hey So elect, but II such designated