Renewal of Term Insurance Policies of World War I Veterans: Hearing ... on H.R. 10721951 - 86 pages |
Common terms and phrases
Act of Oct Age Monthly Quarterly American Legion attained age authorize the beneficiary beneficiary to elect BREINING centum continuous installments converted insurance designated beneficiary elect to receive enacted June endowment maturing escheat exercised the right expiration five-year level premium five-year period Formerly sec forms of insurance Government life converted Government life insurance installments for thirty-six insurance in installments insured an additional insured may request June 25 level premium term maturing at age medical examination military or naval Monthly Quarterly Semi pay or deposit payment of premiums policyholders premium rate present value Provided further Regulations shall provide remaining unpaid monthly renew payment renewable term insurance right of election right to convert Risk Insurance Act survive the insured thirty-six months total disability total permanent disability United States Government unpaid monthly installments W. J. BRYAN DORN W. R. I. Act War Risk Insurance World War World War Veterans yearly renewable term
Popular passages
Page 80 - Subject to regulations, the insured shall at all times have the right to change the beneficiary or beneficiaries of such insurance without the consent of such beneficiary or beneficiaries, but only within the classes herein provided.
Page 55 - ... such other provisions for the protection and advantage of and for alternative benefits to the insured and the beneficiaries as may be found to be reasonable and practicable, may be provided for in the contract of insurance, or from time to time by regulations.
Page 48 - That no suit against the Government of the United States shall be allowed under this paragraph unless the same shall have been brought within six years after the right accrued for which the claim is made...
Page 47 - An act to provide for the bringing of suits against the government of the United States.
Page 48 - Judgments heretofore rendered against the person or persons claiming under the contract of war-risk insurance on the ground that the claim was barred by the statute of limitations shall not be a bar to the institution of another suit on the came claim. No State or other statute of limitations shall be applicable to suits filed under this section. This section shall apply to all suits now pending against the United States under the provisions of this section." SEC. 4. That section 28 of the World...
Page 51 - That the widow or remarried widow of any person who served in the Army, Navy, or Marine Corps of the United States during the Civil War...
Page 58 - Administration or to bring suit under section 19 of this Act on any prior contract or policy, and if found entitled thereto, shall, upon surrender of any subsequent contract or policy, be entitled to payments under the prior contract or policy : Provided further, That this section shall be deemed to be effective as of April (i, 11U7, and applicable from that date to all contracts or policies of insurance: And provided further.
Page 53 - ... becomes or has become totally and permanently disabled, or dies, or has died, without having applied for insurance, shall be deemed to have applied for and to have been granted insurance, payable to such person during his life in monthly Installments of $25 each.
Page 77 - The bureau may make provision in the contract for converted insurance for optional settlements, to be selected by the insured, whereby such insurance may be made payable either in one sum or in installments for thirty-six months or more. The bureau may also include in said contract a provision authorizing the beneficiary to elect to receive payment of the insurance in installments for thirty-six months or more, but only if the insured has not exercised the right of election as hereinbefore provided...
Page 51 - Provided further, That in case any person has been dishonorably discharged from the military or naval forces as a result of a court-martial trial, and it is thereafter established to the satisfaction of the director that at the time of the commission of the offense resulting in such court-martial trial and discharge that such person was insane, such person shall be entitled to the compensation and insurance benefits of the War Risk Insurance Act...