Show National Service Life I I Insurance For Vets i 1 Question No 9 9 Where 9 Where Where the term Insurance In Insurance In- In Insurance has been allowed to lapse and the veteran has been without protection for a long l ng period can he rein rein- reinstate reinstate reinstate state without having to pay up all the back premiums Answer No The 9 The 9 The veteran may make makeI application for reinstatement and pay I the premium for the month in which the application is made and one months month's back premium as a penalty If the phy phy- Meal examination then proves satisfactory I tory tor the insurance Is reinstated with monthly premiums based on age at time It was originally Issued Question No What lo What about settle settle- settlements settlements settlements ments to beneficiaries Can they receive the proceeds of one of those National Service Life Insurance policies in a lump sum Answer No 10 No 10 No they cannot Lump sum settlements to beneficiaries are not provided for under the National Service Life Insurance law It is believed that the tho mode of settlements to beneficiaries in monthly installments is Js in the ma ma- maJorIty maJority of cases much more desirable for both veterans and dependents of veter veter- an Question No 11 Can Cnn anyone be named as beneficiary under National Service Life Insurance Answer No 11 11 No There is a per per- permitted class of ot beneficiaries Wife chil chil- children dren mother father brother and sisters With exception of wife Wire the permitted class follows ahe blood line of the vet vet- eran Bran and no beneficiary benel ary can be named outside this group to receive payment payments after the Insured has died Question No 12 Is 12 Is National Service Life insurance a valuable possession Answer No N this 12 12 rYes When the average j veteran of this war dies In the days to come this life Ufe insurance in some cases easel will be the most valuable single asset asse of or his estate Quite often it will prove to be the only valuable possession left that will produce Immediate cash In Inn In some instances it will be the only means then available to safeguard other other 1 valuable possessions t Question No 13 In 13 In filing pension claims for tor World War I widows is It 1 y 1 found that a good portion of the life We j insurance in force for people in 11 that war has remained In force 1 Answer No 13 Unfortunately 13 this Is not the case It is found in many cases 1 that the tho Insurance made available in I that war which if 1 retained would have hare j i meant so s much to widows and children I Ihas has been dropped Question No 14 Apparently this should not be allowed to happen In 11 World War II If 1 it can be prevented Answer No 14 It 14 It is believed by the Veterans Administration that every vet- vet an of ot World War H n should keep Us National Service Life Insurance in force If 1 Its It's possible for him to do so |