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Show VETERANS: Here's Your Answer Question: Will the Veterans Administration pay a 196!) dividend di-vidend on the National Service Serv-ice Life Insurance policy I have in force from World War II? (I converted it to a permanent per-manent plan policy in 1950). When will the dividend be paid and must I make application appli-cation for it? I recently borrowed half of the cash value of my policy. Will this affect the amount of my 19(59 NSLI dividend? Answer: To answer your questions in order: Yes, VA will pay to 1969 dividend on World War II NSLI policies (converted or not) just as in past years. The dividend will be paid automatically on the anni-1 versarv date of the policy so you need not applv to VA for it. The fact that you borrowed against the cash surrender value of the policy will not reduce the amount of your di- k .. . vidend. You are, of course, paying four per cent interest on your NSLI loan and any amount of the loan unpaid at the time of your death will be deducted from the insurance insur-ance paid to your beneficiaries. beneficiar-ies. Question: I am receiving a pension for my non-service connected disabilities. When is the deadline for returning my income questionnaire from the Veterans Administration? Answer: The deadline is January 15, 1909. |