The journal. (Caldwell, Ohio) 1934-1961, 1956-10-04
Ne1Us for Vets
Questions and Answers

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Questions and Answers
O. hold a World War II CT
term insurance policy. Is there
any deadline for converting my
insurance to a permanent plan?
A-There is no deadline for
converting your World War II
CT term insurance to a perman-
ent plan. You may continue it
as term insurance for as long as
you please. However, the longer
you keep your term insurance
the higher will be the premiums.
Premiums on permanent plans,
on the other hand, remain con-
stant and do not rise.
O. am applying for school
ing under the Korean CT Bill.
Could l speed up things if I sent
my application to VA headquar-
ters in Washington, D. c.?
A-No. You would only delay
matters. Your application should
be sent to your nearest VA re-
gional office, for that is the Of
flee that will handle your case.
If you sent your application to
Washington, d. c., it would
merely have to be sent on to your
regional office.
Q-I am the widow of a
World War l veteran who died of
a nonservice-connected condition.
receive pension from VA each
month. viii my pension be af-
fected by the Survivor Benefits
Act which revises benefits for
dependents of deceased veterans?
A-Your pension will not be
affected by the new Survivor
Benefits Act. Only death COM
pensation is affected pay
ments made to dependents OF
veterans whose death was due to
service-connected causes.
Q-I am training under the
Korean CT Bill and I already
changed by course once. If
were to 60 back to my original
course, would that be considered
a second change of course?
Alt would be considered 6
second change and, under the
Jaw, would not be permitted. The
Korean CT Bill allows no more
than one change of course.
Q-Tm planning to sell the
home I bought with CT loan
If the buyer takes over my loan
do I remain liable in case he
defaults and the loan is fore,
closed?
A--Not necessarily. Under ;
new law, you may be relieved O
liability if the buyer takes over
your loan. He must assume full
liability on the loan; VA mus
approve his credit; and the loar
must be current.
Q-I understand that I have
100 days from discharge to ge
Korean CT term insurance. Viii
my 120-day deadline still apply
even though the laws says m
new policies may be issued afte
December 81, 1856? My 120 day
would carry me beyond tha
date.
A-You would not have tn
full 100 day period to obtain Kor
can CT term insurance. Yo1
would have to apply and pa,
your first premium before Dec
ember 81, 1856 - even thougl
that gives you less than l20 day
to act.
GA young man | know i
eligible for schooling under tn
War Orehans Education pro
gram. He's still in high schoo.
Would he be allowed to finisl
his regular high school education
under the War Orphans pro
gram?
A-No. The law prohibits reg
ular high school training. Below
college-level schooling is allowe,
only when it is specialized voca
tional training that will fit
student for vocational goal.
Q-When | went back on activ
duty, I surrendered my permar
ent plan of CT insurance f.
cash, so that ! would be covere,
by the free $4,000 death in
demnity. Since indemnity cover
age ends December 81, 1856,
will lose my coverage. Is ther
any way l can get back my per
manent CT policy?
A-Under the law, you ma.
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