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Show War Risk Clause Looms in Life Insurance CHICAGO. Oct JLD Lira Insurance company executives today considered placing war risk clauses la new policies. Insurance men attending tha thirty-fourth annual meeting of tha American Life convention aatd that, if authorized, such pro visions -ould not alter policies already In force, and that benefits bene-fits under those policies would S3 III II II be paid even If death were caused by war. They disclosed that Canadian life Insurance companies had decided to Insert a war clause In new policies sold In Canada and other British possessions. The text, it was explained, -was similar to the clause employed during tha World war, but would apply also to non-combatants In the war aones. 1 One general tvpe of war risk rider provides that no bene tits will be paid within five years of issuance of the policy If death occurs outside tha continental United States because of war, or because the Individual la in tha military or naval service of the United States, also that no bene flu will be paid within two yeare of issuance if death occurs oc-curs at home |