| Show Vets Administration I Ij Information Service 1 Payment of the tho special dividend on on National Service Life Ufe Insurance has hIlS been I made to 14 million vet vet- veterans veti veterans i erans of World War Two Veterans Ad Ad- Administration Administration ministration has announced More than 26 billion of the 28 billion special dividend fund has al- al already alII I ready been mailed to living World War II veterans who held a n. policy three II months or longer or to survivors and beneficiaries of oC deceased veterans who who would have been eligible for Cor the divi dIvi- There were living World I IWar IWar War II veterans at the end of or April 1050 A large number of or this million 15 did did not take out any and many did i inot I not keep their policies In force the necessary necessary necessary essary three months to become eligible for tor this special dividend V-A V said sald I Many veterans hold or held more than I one ono policy polley More Mare than 20 million policies have been approved for a n. total I face value of or close of I The bulk of or the Job of paying the dividend to living World War II vet vet- veterans veterans veterans erans will be bo completed by the end of this month V A said A number of veterans have ha not yet filed an application application tion for Cor their dividend Payment of the dividend to living veterans Is not automatic auto auto- automatic automatic matic an application must be filed Then there are the problem cases accounts that will require more study matching and more information before j I checks can be authorized Among these I cases are those where the veteran had had moro more than one serial number where I Ithe Ithe Ithe the veteran gave Insufficient information j I tion in his application for the dividend I or where the veteran failed tailed to give an accurate address or has moved since filing flUng and failed Called to give his post office a change of oC address Most of ot the thc remaining unpaid ac accounts ac- ac accounts accounts counts In the Washington office will have to be handled Individually and the I checks ch hand processed Mailing of dividend checks to sur sur- survivors surI sur- survivors I I of deceased veterans began last I month These checks are being mailed I from the V-A V district offices In which I the veterans veteran's account Is record record- ed If the veterans veteran's policy was wag In force I I at the time of ot his death the dividend 1 I II check Is mailed automatically to his I eligible survivors or beneficiaries It will will I Inot not be necessary that his survivors or I beneficiaries make application This I applies whether the beneficiary received a lump sum payment payment-of of at the Insurance policy polley or If monthly payments are being 1 made In these cases the legal bene bene- beneficiary I bene-I beneficiary has been determined and is a I matter of record with V V-A. I f fIn In cases where the policy was not in force Coree at time of the veterans veteran's death payment of oC the dividend to his beneficiary bene bene- beneficiary will be delayed V-A V said and application will be necessary Payment I will be made only after V-A V has deter deter- determined determined mined who Is 15 legally entitled to the I dividend I Questionnaires are being sent to all alII j known probable beneficiaries of or these deceased veterans by the V-A V district I offices When these questionnaires are returned and a n. determination of or the 1 legal beneficiary Is made application blanks will be mailed to these establish establish- established ed beneficiaries V-A V has estimated that approximately one half million beneficiaries are In this I latter group I |
