The Cordova daily times., 1922-03-02
WAR INSURANCE SERVICE MEN
 EXPLAINED

"The ex-service man can reinstate that government insurance now" said Cliff Wood, contact officer of the Unit ed States Veterans Bureau, who is in Juneau and will meet ex-service men. Explaining to all ex-service men the war risk insurance, he says:
 "Mr. Ex-Service Man, aged 25, if you have dropped that War Risk Insurance you can reinstate it now. You were paying $6.6O when it lapsed, which is 66 cents month for $1,000 of insur- ance protection and $5.75 month in- come for life in case of total perman- ent disability.
 REQUIREMENTS
 "To reinstate $1O00 of this protec- tion you pay only 66 cents for one back month and the current payment, at the rate called for according to the form of policy you wish to carry, and in addition you must submit on the bureau reinstatement form. medical examination at your owwn expense. At age 25 the rate for $1,000, ordi- nary life is only s132 a month, or $15.24 a year. This is the basic form of permanent insurance. Right here and now dig out your January 13 copy of the American Legion Weekly, which all Legionnaires get free, turn to the article on How long do you ex- pect to live,' and you will get very simple and very plain explanation of | the whole matter. It's simple and plain because it was written by a Buddy who had had the usual difficult 1 ties in understanding the thing, and when the light broke he understood all the essential parts that had given him trouble.
 CALLS FOR PREMIUMS
 "The ordinary life calls for flat pre- miums until the policy becomes due through death or disability which is not only total but also permanent. As the policy expresses it at paragraph 9, Total permanent disability as re ferred to herein is any impairment of mind or body whcih continuously ren- ders it impossible for the disabled per son to follow any substantially gain full occupation and which is founded upon conditions which render it req sonably certain that it will continue throughout the life of the person sui fering from it. The capitals are mine, but how about having that clause bought and paid for awaiting the time when you are old.
 ENDS CONTRACT
 "The 2O-pay life means that you are through with your end of the contract after you have paid for period of 20 years. The cost is about 50 per cent higher than the ordinary life A man 25 pays $1.91 a month for $1,OO0, or an annual payment of $22.56. The 30-pay is the same except that it is paid for over a period of 30 years. DO not confuse this with 20 year en- dowment, a 2O-pay life at the end of 20 years is paid for promise by Uncle Same that at your death or disability he will pay. Of course, it has cash value All the permanent forms have a reserve after the end of the first policy year, that is the cash value in government policies. If the man aged 25 bought s10,OoO 2o-pay life, it would cost s225. 60 a year for 20 years and be paid up.' You will see that he has paid only $4,512 for that s10,0OO prom ise of Uncle Sam.
 "At the end of the first year $153.79 out of his $225.60 payment is in the l reserve or cash value' The rest has been paying for the insurance risk. At the end of the 20th year his cash value is s4,56O. or actually more than the face of the money he has put into in. Such wonderful little thing is interest Yes, Buddy, it pays divi- dends, too. got over $10 dividend on the $1O,O00 of 1t I carry at the end of the first year
 Better look me up, and find out what 1t amounts to ae your age. You have until March 3, 1926, to pick it up if vour health remains good; you i nhorld talxo 1t nn now hut anvwaY