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Show W W I Insurance Holders to Get Special Dividend Policyholders of U.S. Government Govern-ment life insurance (World War I) will receive a special dividend o'f $32-million, Veterans Administration Admin-istration has announced. Payments Pay-ments will be made between mid-April mid-April and mid-May. This special dividend is in addition ad-dition to the regular annual dividend div-idend of $262-million to be paid this year to 5,300,000 policyholders policy-holders of World War I and II GI insurance. Payments of the regular dividend, at an average of $22-million a month, were begun be-gun last January and will continue con-tinue through December. VA emphasized that only ap- ! proximately 335,000 permanent plan USGLI policies held by World War I veterans would share in the special dividend. Excluded from the special dividend div-idend are approximately 44,000 policies, including 19,000 five-year five-year term, 8,000 extended term and 17,000 other policies for which permanent and total disability dis-ability payments are being deducted de-ducted from the face value of the policies. USGLI policyholders who are drawing disability payments under a special rider for which they are paying extra premiums prem-iums will not be excluded from the special dividend, VA said. Policyholders are urged by VA not to make inquiries in advance ad-vance o'f the special dividend payment so as not to delay processing pro-cessing time. |