Smyrna times., 1946-08-15

aries, mades of settlement, total
disability benefits, new insurance
endowments, rejected applications
and miscellaneous provisions under
the new NSLI Act are explained
by John F. Mcdonald, insurance
officer at the Veterans Administra-
ton Regional Office at Whining
ton. These amendments indicate
no need for immediate conversion
from term insurance, said Mr.. Nc
Donald, until mature consideration
on the part of the individual die
tates advisability in the light of
the insured's financial position.
Term policies issued before Janu-
ary /, 1916 may be continued with
out change for eight years from
the date of issue; policies issued
after December 81, 1945 may run
five years as term insurance with
out change to one of the more
permanent types. The three orig
inal types-ordinary life, 20-pay-
ment and 30-payment life insur-
ance-have been supplemented by
three endowment policies. The
endowment policies have a higher
premium but the insured receives
the face value of the policy upon
its maturity if he is still alive.
The three types are 20-year en-
dowment, endowment at the age
of so, and at the age of 65. Con-
version of this type may be made
by those who have converted pre-
viously.
Q-When and how are readjust-
ment allowances paid to unem-
lployed. and partially unemployed
veterans?
A--Readjustment allowance pay
ments are figured on weekly bas-
is and in some states payments are
issued weeklyy. The practice may
vary in some states and allowance
for two or more weeks be included
in one payment.
| Q-Why are payments of un-
employment allowances occasion
ally delayed?
| A-Payments may be delayed by
failure of the veteran to submit
necessary discharge or separation
papers; to supply required infor-
nation promptly or to comply with
the instructions of the offices thru
which the claims are filed. Delay
also may be caused by questions
of eligibility which may arise and
by appeals procedures.
Q-How are payments made tt
self employed veterans.
Arguments to self-employet
veterans are made by the calendar
month and after the end of tn.
calendar month for which a claim
is filed.
Q-Can a veteran who lost hi
discharge paper apply for read
justment allowance
Aft the veteran has lost hi
original discharge or separation
paper, he should secure a certlfi
cate in lieu of properly authenti
Gated copy of lost or destroyed
paper in order to present it wher
he calls in person at the nearest
public employment office to apply
for readjustment allowance.
Q-Is a partially unemployed
veteran carried on the unemploy-
ment allowance roll for a longer
period than the unemployed veter-
an because of his smaller readjust-
ment payment?
A-Each time veteran receives
payment of a weekly allowance
regardless of the dollar amount OF
the payment, he has used up one
week of the limited number of al
lowances to which he may be en-
titled.
Q-What amount of readjust-
| ment allowance is paid to a totally
eunemployed veteran; to a parti-
ally unemployed veteran, and to a
self-employed veteran?
"A totally unemployed vetJ..
an is entitled to receive $40 fol
the week for which he claims ben.
efits. A partially unemployed vet.
eran is entitled to $40 for each
week, less the amount of wages ir
excess of So payable for such ser.
vice. A self-employed veteran
who is otherwise elipih1e is EMIT.