Jasper County Democrat, Volume 22, Number 10, Rensselaer, Jasper County, 3 May 1919 — RULE OF SOLDIER’S INSURANCE [ARTICLE]

RULE OF SOLDIER’S INSURANCE

Automatic Extension of Each Policy for Month After Discharge. Washington, April 30. —Government insurance on lives of soldiers and sailors will be continued automatically in effect for one month after the end ofc, the month in which a man is discharged from the service, even if the man does not pay his premiums, Henry D. Lindeley, director of the war risk insurance bureau, has announced. If a man dies within that time the insurance will be paid, but after that time the policy is to be regarded as lapsed and will be lost unless application has been made for reinstatement. A lapsed policy will be reinstated iff application for this is made within six months. These terms are considered sufficiently liberal to eliminate chance of accidental neglect of a policy by a discharged soldier. Attempts now are being -made to have discharged men keep their policies in force, so they can be converted into regular life insurance at the man’s option within five years.

> This is of particular interest locally, as Linton W*. Carter of Mt. Ayr, who died April 1 at the Jasper county hospital, carried $lO,,000 insurance and died within about two weeks after his discharge, the certificate being dated March 13. This question arose as to Whether the insurance had lapsed, but the above statement covers (his case precisely. The young man was unmarried and his mother, Mrs. Ella Carter, is made the beneficiary.