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Show TX5e 1 Government Pay $1,500,000 to Write $36,250,0.00,000 in Policies for Soldiers and Sailors. CHICAGO, Nov. 9. It has cost the government only 51,500,000 to write $30,250,000,000 of insurance on the lives of soldiers and sailors within the last year, said Thomas B. Love, assistant secretary of the treasury, in an address ad-dress here today before tho Association Associa-tion of Life Agency officers. By its accomplishments ac-complishments in the short period of twelve months tho treasury's bureau of war risk insurance "has wrought the insurance miracle of doubling the volume of ordinary life insurance in the world," Mr. Love said. Mr. Love said that in the last two months more than 8000 soldiers or sailors have died of Influenza in this country alone and insurance which tho government will pay to their beneficiaries benefic-iaries will amount eventually to 170,-000.000. 170,-000.000. Premium income collected for insured soldiers Is estimated at ?143.-000,000 ?143.-000,000 and up to November 1 disbursements dis-bursements on account of deaths have amounted to -1,102,000. These payments pay-ments are distributed over a period of years and the aggregate or commuted com-muted value of claims is $122,09S,000. New insurance has been written" at the rate of 2,750,000,000 a month, and it is estimated that 95 per cent of men in the army and navy are insured. |