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Show .SOLDIER ISUMCE IS EXPLAINED THE : GOVERNMENT For the information of ex-service men particularly, and of the public generally, gener-ally, as to the kinds of insurance, and the methods of government insurance operation, which those who served in the great world war have, the official statement, which contains questions and answers, Is given out for publication publica-tion : Any soldier, sailor or marine or Red Cross nurse who served in the war and does not fully understand government insurance will find valuable information informa-tion in the following jQucstions and Answers About the Old and New Government Insurance Your present war risk insurance: 1. What kind of Insurance am I car-I car-I rying? Answer: "Yearly renewable term insurance" in-surance" which is stra'.ght life insurance, insur-ance, but has no privileges such as cash values, loan values, paid-up or extended ex-tended insurance. 2. What protection have I under my present war risk insurance? Answer: Protection against death and total permanent disability. 3. What is meant by total and permanent per-manent disability0 Answer: Any injury resulting from disease or accident w hich renders it impossible im-possible for the insured to follow any substantially gainful occupation, and which is reasonably certain to continue throughout the life of the insured. 4. Do I have to pay premiums on my insurance after becoming totally and permanentlv disabled? Answer: No But you must continue to pay the monthly premiums until the bureau of war risk insurance informs you as to their decision in your case. 5. How long may 1 continue to carry my present war risk insurance? Answer- For a period of five years after the declaration of peace. 6. Where do I pay my monthly premiums? pre-miums? Answer: To "Disbursing Clerk. Bureau Bu-reau of War Risk Insurance, Treasury Department. Washington, D. C." . Make check, money order, or draft payable to tho "Treasurer of the L'nit ed States." When remitting, give the follow iik information : L Full name and address. 1' Your rank or rating an1 organization organiza-tion at time you applied for insurance. 3. Your rank or rating and organization organiza-tion at time of discharge. 4. Your number of insurance ecrtlfl cate if known. 5. Amount remitted. 7. Arc my monthly premiums payable pay-able in advance aftT discharge Answer: Yes. 8. May I pay several months in advance ad-vance . Answer Yes Keep in mind the increases in-creases as explained in questions 10 and 11. 9. Do I owe insurance premiums for month in which I was discharged? Answer: No. Your next monthly premium will be due the first of the following month. For instance, if you were discharged any time durinc the month of May your next premium would be due June 1 and would pay for ; the month of June. 10. I took out my war risk insurance insur-ance before July 1, 1918; does my pre mium Increase July 1, 1919' Answer. Yes. It increases to the rate one year higher the nearest age at the date of application 11. I took out my war risk insurance after July 1, 1918. Does my premium increase July 1, 1919? Answer: No. Not until July 1. 101'". and then to the rate one year higher the nearest age at the date of application. applica-tion. 12 How long a time have I to rein state my present war risk insurance? Answer At any time within nine months after discharge, but if you irere discharged before January 1, 1919. then any time before September 30, 1919. l'l I cancelled ray insurance before discharge; can I reinstate it? Answer Yes. Any time within nine months after discharge. 14. My beneficiary ha cver received re-ceived a pftiisW certificate. Am I insured? Answer: Yes. 15 What should I do if I desire my insurance certlifcatt '' Answer Write to the bureau of war risk insurance, Washington, D. C, staling that you have not received the (certificate and giving the following information. in-formation. (a) Full name. (b) Rank and organization at time of application for insurance. (c) Army serial number. (d) Name and address of benefi ciary, if you wish the certificate sent I to the benefiieary. (e) Present address (f) If it is not desired that certificate certifi-cate be sent to the beneficiary, instructions in-structions will be given as to what disposition dis-position i sto be made i ii 16. May I reduce my insurance, and it so, bow do I do it? Answer You may always reduce i your insurance by writing to the bureau bu-reau of war risk insur, nee, Washington, Washing-ton, D. C . stating briefly the you de sire to decrease it ,and from the first of the following month you need pay premium only on the reduced amount. The New Government Life Insurance 17. What do you mean by "Conversion''" "Conver-sion''" Answer. Conversion means changing your present war risk insurance into a permanent form of government insur 1 ance. ' 18. When can I convert my war risk insurance? Answer: Now, or any time within five years after declaration of peace. 19. Do I have to convert all my war risk insurance at one time? Answer: No. You may convert a part and retain the balance as war risk in- surance. You may then convert the retained war risk insurance or any part theerof during the five years. Fori example; convert $6000 to 20-payment I life and keep $5000 as war risk insur-ance; insur-ance; then, next year or the year after, as your income increases, convert an other $1000 or so; the following year, the same, and so on until all the re-j tained war risk insurance has been converted, or, if you canot carry the ful amount, you can reduce it to any' amount you desire to carry. 20. What age do I take lor purpose of converting my Insurance. Answer: Nearest birthday age to date on which you apply for conversion. conver-sion. 21. Does the government issue a regular reg-ular policy, for converted insurance,! the same as any old line insurance company? Answer: Yes. 22. Is the new insurance issued by the government of the United States? Answer: Yes. 23. Will 1 participate in dividends? . Answer Yes. 24. Must I pass a physical examination examina-tion in order to convert my insurance?! Answer: No. 25. Do I receive credit for the amount ot premiums that I paid on my war risk insurance'' Answer: No, you paid the actual cost of protection. 26. Do ray premiums increase annually an-nually under this new Insurance? Answer: No. 27. To what forms may I convert my policy? Answer (1) Ordinary' life policy. (2) Twenty-payment life poliey. (3) Thirty payment life poln (4) Twenty year endowment policy (5) Thirty year endowment policy. I (6) Endowment maturing at age 62. 28. What is the ordinary life policy t Answer: A policy on which the pre-1 mium is payable every year during the life of the insured. 29. What is a 20-payment life policy? Answer: A policy on which pre-1 miuras are payable for twenty years! only; at the end of that time you are insured for the balance of your life fori the face value of policy without paying any more premiums. 30. What is a riO-payment life policy? Answer: A policy on which pre miuma are payable for 30 years only; j at the end of that time you are in- j sured for the balance of your life fori the face value of the policy without j paying any more premiums. 31. What is a 20-year endowment pol icy? Answer: A policy on which pre-' miums arc payable for 20 years; at the end of that time the face value of tho policy is payable to tbo insured in al lump sum. 32. What is a 30-year endowment policy? Answer: A policy on which premiums pre-miums are payable for 30 years; at j the end of that time the face value of policy Is payable to the insured in a lump sum. 33. What is an endowment maturing matur-ing at age 62 policy? Answer: A policy on which pre-; miums are payable until age 62; at the end of that time the face value is payable to the insured in a iunip sum. i 34. What is cash value? Answer: Cash value is the amount ot money thc insured will receive if he surrenders his policy to the gov-ernment gov-ernment You may surrender your pol icy for cash at any time after it has 1 been in force for one year, provided the premiums have been paid up to date. 35. What is loan value? Answer: Loan value is 94 per cent ' of cash value. You may secure this 1 loan at any time after your policy has been in force for one year, provided the premiums have been paid up to date. 36. What is "paid-up insurance?" Answer: Paid-up insurance is the amoiiDt of insurance that will be in ef feet the balance of vour life without further payment of premiums. You may exchange your policy for paid-up insurance any time after one year, provided pro-vided premiums have been paid up to date. 37. What does 'extended insurance" mean ! Answer After tho policy has been in effect for one year, and you fall behind be-hind in paymeut of premiums, the government will carry' your .nsurance for the full amount for a stated period, and if death occurs within Ibis period, the face value of the policy will be paid to the bem i M iary. 38. Will the insured receive dividends divi-dends while the extended insurance is in effect ? Answer: Yes. Will the insured be entitled lo protection against "total permanent disability" while Hie pair) Up or I Ktend-ed Ktend-ed insurance i.s in effect? Answer No 40. Whom may I name as beneficiary benefi-ciary ? Answer: You may name any one of the following Wife, ehild. grandchild, brother, sister, adopted brother, adopted adopt-ed sister, step brother, step sister, parent, par-ent, grandparent, or stepparent of the insured, and parent, grandparent or tep-parent of the insured's spouse. 41. May I name more than one bene-ciary bene-ciary ? Answer: Yes. But If you do state how much you ilesire each of them t" receive; for example, mother 2l father $2500, sister $2000. 42. May i change mj benefit larj whenever i wish? nswi t yea, by writing to the bureau bu-reau of war risk insurance, Washington, Washing-ton, U. C. 43. What will I receive in case of tola! to-la! permanent disalulil ' Answer: You will receive $5 75 per month for every thousand dollars of insurance you earrv lor Hie balance of your life, and in cast Ol death before 250 iuslalmeut.s have been paid, the balance will o to the beneficiary of your estate if no beneficiary survives. 44. When will my insurance be payable pay-able in one lump sum? Answer: Payments in lump sum to insured : (a) When cash value is taken. (b) When policy matures as an endowment; en-dowment; payment in lump sum to the beneficiary (c) When you surrender your policy for paid-up insurance of a lesser amount than its face value. 45 To whom should I write for further fur-ther information? Answer: To The Insurance Officer, Headquarters Western Department, Santa Fe building, 605 Market street, San Francisco, Cal., or Bureau of War Risk Insurance, treasury' department, Washington, D. C. oo |