LIBERALIZATION OF CERTAIN PROVISIONS OF THE NATIONAL SERVICE LIFE INSURANCE ACT OF 1940, AS AMENDED

• Document Type: CREST
• Collection: General CIA Records
• Document Number (FOIA) /ESDN (CREST): CIA-RDP57-00384R001200020078-4
• Release Decision: RIFPUB
• Original Classification: K
• Document Page Count: 16
• Document Creation Date: December 9, 2016
• Document Release Date: September 4, 2000
• Sequence Number: 78
• Publication Date: August 23, 1946
• Content Type: REGULATION

*0GCAp9e V 2001/08/24: CIA-RDP57-00384R001200020078-4
Cir 257
Note.--WD Circular 256 will be distributed at a later date.
CIRCULAR WAR DEPARTMENT
No. 257 WASBIN-TON 25, D. C., 23 August 1946
Effective until 23 February 1948 unless sooner rescinded or superseded
LIBERALIZATION OF CERTAIN PROVISIONS OF THE NATIONAL
SERVICE LIFE INSURANCE ACT OF 1940, AS AMENDED
Sf'ctiun
GENERAL.......... ........... ............................ I
BERTTICIARY LIBERALIZATIONS .................................... II
OPTIONAL SETTLEMENTS ........................................... III
PLANS OF INSURANCE ............................................. IV
DISABILITY INCOME BENEFIT ..... ............... .............. V
REIP?STATEMENT .................. VI
ELIGIBILTY ..................................................... VII
EXTENSION OF TIME LINIIT FOR FILING APPLICATION FOR WAIVER OF
PREMIUMS ..................................................... VIII
DISABILITY CLAIMS .............................................. IX
1. GENERAL. 1. This circular is published to explain certain
provisions of the Insurance Act of 1946 (Public Law 589, 79th Congress,
approved 1 August 1946), and to suggest methods of modifying existing
Veterans Administration insurance forms to meet the present situation.
Only those changes that are of immediate importance to the field-have
been included in this circular. Detailed information will be incorpo-
rated in AR 600-110.
II. BENEFICIARY LIBERALIZATIONS. 2. Beneficiary restrictions
are removed from policies of insurance maturing on or after the date of
passage of this Act (1 August 1946). The insured may now designate as
beneficiary any person or persons, firm, corporation, or other legal
entity (including his estate), either individually or as trustee. (The
Veterans Administration will not administer any trust.)
3. Pending receipt of new Veterans Administration Insurance Form 336
(Change of Beneficiary), existing forms may be used in effecting a
change of beneficiary designation, with the following modification:
Delete second, third, fourth, and fifth paragraphs of instructions e.-;
bottom of the form. The form should then be executed in triplicate and
copies distributed as outlined in paragraph 13 d (3) AR 600-110 with
respect to present Veterans Administration Insurance Form 336. If
Veterans Administration Insurance Form 336 is not available, a letter
to the Veterans Administration, Washington 25, D. C., designating the
new beneficiary or beneficiaries and amounts of insurance involved which
clearly identifies the insured (including his date of birth), and is
signed and dated by him, will be accepted as a valid request for change
of beneficiary. Such request should be executed in triplicate and copies
distributed in the same manner as prescribed for Veterans Administration
Insurance Form 336.
III. OPTIONAL SETTLEMENTS. 4. Insurance maturing on or
subsequent to the date of enactment of the Insurance Act of 1946, shall
be payable in accordance with the following four optional modes of
settlement:
a. Option 1. In one sum. (May be elected only by the insured.)
b. Option 2. In equal monthly installments of from 36 to 240 in
number, in multiples of 12. The values shown in the following table are
based on $1,000 of insurance without indebtedness:
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Cir 257 2
Number
of
monthly
installments
Amount
of each
monthly
installment
36
$28.99
48
22.06
6o
17.91
72
15.14
84
13.16
96
11.68
108
10.53
120
9.61
132
8.86
144
8.24
156
7.71
168
7.26
180
6.87
192
6.53
204
6.23
216
5.96
228
5.73
240
5.51
c. Option 3. In equal- monthly installments for 120 months certain
with such payments continuing during the remaining lifetime of the first
beneficiary. The values shown in the following table are based on
$1,000 of insurance without indebtedness:
Age of first
beneficiary at
death of insured
Amount of each
monthly install-
ment per $1,000
of insurance
payable through-
out the lifetime
of the first bene-
ficiary
$3.45
3.46
3.48
3.50
3.52
20
21
22
23
24
3.54
3.56
3.58
3.60
3.63
3.65
3.68
3.70
3.73
3.76
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25
$3.79
26
3.83
27
3.86
28
3.90
29
3.93
30
3.97
31
4.01
32
4.o6
33
4.10
34
4.15
35
4.20
36
4.26
37
4.31
38
4.37
39
4.43
40
4.50
41
4.57
42
4.64
43
4.72
44
4.80
45
4.89
46
4.98
47
5.08
48
5.18
49
5.28
50
5.39
51
5.51
52
5.63
53
5.76
54
5.90
55
6.03
56
6.18
57
6.33
58
6.49
59
6.65
6o
6.81
61
6.98
62
7.15
63
7.32
64
7.50
65
7.67
66
7.84
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67 $8.02
68 8.19
69 8.35
70 8.51
71 8.66
72 8.80
73 8.94
74 - 9.06
75 9.18
76 9.28
77 9.37
78 9.44
79 9.50
80 9.55
81 9.58
82 9.60
83 and over 9.61
d. Option 4. As a refund life income in monthly installments with
face value certain, except where settlement would result in payment of
installments over a shorter period than 120 months. Option 4 is not
available if the beneficiary is over age 68. Values are the sauce as
provided by the former law, see paragraph 14b, AR 600-llo.
5. Any of the above options or a combination thereof may be elected
by the insured, but the first beneficiary may elect any option providing
for payments over a longer period than the option selected by the
insured.. If the insured elects no option, the insurance will be payable
in 36 monthly installments. However, the first beneficiary may elect
any option providing for payment over a longer period than 36 months.
Options 3 and 4 shall not be available if the beneficiary is a firm,
corporation, legal entity (including the insured's estate), or trustee,
or where an endowment contract matures by reason of completion of the
endowment period.
6. With respect to insurance maturing on or subsequent to the date
of enactment of the Insurance Act of 1946, the present value of the
installments remaining unpaid shall be paid in one sum to the es-~ate of
the insured, provided it does not escheat to the state:
a. If no beneficiary is designated by the insured, or
E. If no designated beneficiaries survive the insured, or
c. If the designated beneficiary (including contingent beneficiary)
not entitled to choose a lump-sum settlement survives the insured, but
dies before receiving all benefits due and payable.
7. Pending receipt of new forms for use in selecting the optional
settlement, an informal request over the signature of the insured.,
clearly indicating his desire as to settlement will be acceptable. This
request should include all identifying information such as full name of
insured, date of birth, permanent address, Army serial number and policy
(certificate) number, if known. Such written request should be executed
in triplicate and copies distributed in the same manner as prescribed
for Veterans Administration Insurance Form 1616 in paragraph 14c(3),
AR 600-110.
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8. On insurance heretofore or hereafter maturing, if the beneficiary
is a minor or incompetent, the election of the mode of payment may be
made by:
a. A fiduciary
b. A person qualified under Public Law 373, 72nd Congress, or
c. A person recognized by the Administrator of Veterans Affairs as
having custody of the person or estate of such beneficiary.
N. PLANS OF INSURANCE. 9. Insurance shall be issued on the
five-year level premium term plan with the privilege of conversion at
any time after the policy has been in effect for one year and within the
term period (including the three-year extension for policies issued on
or before 31 December 1945) to the following plans:
a. Ordinary life
b. 20-payment life
c. 30-payment life
d. 20-year endowment
s. Endownent at age 60
f. Endowment at age 65.
10. Endowment rates. As shown in the following tablo .
NATIONAL SERVICE LIFE INSURANCE
20 YEAR ENDOWMENT
FRENIUd RATES FOR $1,000
Semi-
annual
15
$3.44
$10.29
$20.51
$40.73
16
3.44
10.29
20.51
40.73
17
3.45
10.32
20.57
40.84
18
3.45
20.57
40.84
19
3.45
10.32
20.57
40.84
20
3.46
10.35
20.63
40.96
21
3.46
10.35
20.63
40.96
22
3.46
10.35
20.63
40.96
23
3.47
10.38
20.0'9
41.08
24
3.47
10.38
20.69
41.08
3.48
10.41
20.75
41.20
3.48
10.41
20.75
41.20
3.49
10.44
20.81
41.32
3.50
10.47
20.87
41.44
3.50
10.47
20.87
41.44
30
3.51
10.50
20.93
41.55
31
3.52
10.53
20.99
41.67
32
3.53
10.56
21.05
41.79
33
3.54
10.59
21.11
41.91
34
3.55
10.62
21.17
42.03
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Cir 257 6
e
AL pwv~d'Vc gs@ 20O*/0Wl -C?~?> 38~4ROO*2O0 20078-4
D. C.
(July, 1946)
Age
Monthly
Quarterly
Semi-
Annual
Annual
35
$3.56
$10.65
$21.23
$+2.15
36
3.58
10.71
21.35
+2.38
37
3.59
10.74
21.41
42.50
38
3.61
10.80
21.53
+2.74
39
3.63
10.86
21.63
42.98
40
3.66
10.95
21.83
+3.33
41
3.68
11.01
21.94
43.57
42
3.71
11.10
22.12
+3.92
43
3.74
11.19
22.30
+4.28
44
3.78
11.31
22.54
'+4.75
45
3.82
11.43
22.78
1+5.22
46
3.87
11.58
23.08
45.82
47
3.92
11.73
23.38
46.41
48
3.98
11.91
23.73
47.12
49
4.05
12.12
24.15
47.95
50
4.12
12.33
24.57
48.78
51
4.2o
12.57
25.05
49.72
52
4.29
12.84
25.58
50.79
53
4.40
13.17
26.24.
52.09
54
4.51
13.50
26.89
53.39
55
4.63
13.86
27.61
54.81
56
4.77
14.27
28.44
56.47
57
4.92
14.72
29.34
58.25
58
5.09
15.23
30.35
60.26
59
5.27
15.77
31.43
62.39
60
5.48
16.40
32.68
64.88
61
5.70
17.06
33.99
67.48
62
5.95
17.81
35.48
70.44
63
6.22
18.61
37.09
73.64
64
6.51
19.48
38.82
77.07
65
6.84
20.47
40.79
80.98
66
7.20
21.55
42.94
85.24
67
7.59
22.71
45.26
89.86
68
8.03
24.03
47.88
95.07
69
8.50
25.44
50.69
100.63
70
9.02
26.99
53.79
106.79
71
9.58
28.67
57.13
11,3.42
72
10.19
30.49
60.77
120.64
73
10.86
32.50
64.76
128.57
74
11.59
34.68
69.11
137.21
75
12.39
37.08
73.88
146.68
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7 Cir 257
NATIONAL SERVICE LIFE INSURAP E
ENDOWMENT AT AGE 60
PREMIUM RATES FOR $1,000
Semi-
annual
15
$1.40
$ 4.19
$ 8.35
$16.57
16
1.44
4.31
8.59
17.05
17
1.48
4.43
8.83
17.52
18
1.52
4.55
9.06
18.00
19
1.57
4.70
9.36
18.59
20
1.61
4.82
9.60
19.06
21
1.66
4.97
9.90
19.65
22
1.71
5.12
10.20
20.24
23
1.77
5.30
10.55
20.95
24
1.83
10.91
21.67
1.89
5.66
11.27
22.38
1.96
5.87
u. 69
23.20
2.03
6.08
12.11
24.03
2.10
6.28
12.52
24.86
2.18
6.52
13.00
25.81
30
2.27
6.79
13.54
26.87
31
2.36
7.06
14.07
27.94-
32
2.47
7.39 -
14.73
29.24
33
2.57
7.69
15.33
30.43
34
2.69
8.05
16.04
31.85
35
2.82
8.44
16.82
33.39
36
2.96
8.86
17.65
35.04
37
3.11
9.31
18.55
36.82
38
3.27
9.79
19.50
38.71
39
3.46
10.35
20.63
40.96
40
3.66
10.95
21.83
43.33
41
3.88
11.61
23.14
45.94
42
4.13
12.36
24.63
48.89
43
4.40
13.17
26.24
52.09
44
4.71
14.10
28.09
55.76
45
5.07
15.17
30.23
60.02
46
5.47
16.37
32.62
64.76
47
5.94
17.78
35.42
70.32
48
6.48
19.39
38.64
76.72
49
7.13
21.34
42.52
84.41
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Cir 257 8
Age
Monthly
Quarterly
semi-
annual
Annual
50
$ 7.90
$23.64
$47.11
$93.53
51
8.84
26.45
52.71
104.66
52
10.01
29.96
59.69
118.51
53
11.51
34.45
68.64
1,36.27
54
13.52
40.46
80.62
160.06
55
56
16.31
4
48.81
97.26
193.09
20.
9
61.32
122.19
242.58
57
27.45
82.15
163.69
324.98
58
41.34
123.72
246.52
489.42
59
82.94
248.21
494.59
,
981.92'
Prepared by Actuarial Service, Veterans Administration, Washington 25,
D. C.
(July, 1946)
NATIONAL SERVICE LJTE INSURANCE
ENDOWWN2 AT AGE 65
PREMIUM RATES FOR $1,000
Semi-
annual
15
$1.28
$ 3.83
$ 7.63
$1'5.15
16
1.31
3.92
7.81
1'5
51
17
1.35
4.o4
8.05
.
98
15
18
1.38
4.13
8.23
.
16.34
19
1.41
4.22
8.41
16.69
20
1.45
4.34
8.65
17.17
21
1.49
4.46
8.89
17.64
22
1.53
4.58
9.12
18.11
23
1.58
4.73
9.42
18.71
24
1.62
4.85
9.66
19.18
1.67
5.00
9.96
19.77
1.72
5.15
10.26
20.36
1.78
5.33
io.61
21.07
1.84
5.51
10.97
21..78
1.90
5j69
11.33
22.49
30
1.96
5.87
11.69
20
23
31
2.03
I
6.08
12.11
.
24
03
32
2.11
6.31
12.58
.
24
98
33
2.19
.
34
2.27 1
6.79 1
13.54 1
26.87
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Age
Monthly
Quarterl
y
Semi-
annual
Annual
35
$2.37
$ 7.09
$14.13
$28.06
36
2.46
7.36
14.67
29.12
37
2.57
7.69
15.33
30.43
38
2.69
8.o5
16.04
31.85
39
2.81
8.41
16.76
33.27
40
2.94
8.80
17.53
34.81
41
3.09
9.25
18.43
36.58
42
3.25
9.73
19.38 -
38.48
43
3.42
10.23
20.39
40.49
44
3.61
10.80
21.53
42.74
45
3.82
U.43
22.78
45.22
46
4.o6
12.15
24.21
48.07
47
4.32
12.93
25.76
51.14
48
4.61
13.80
27.49
54.58
49
4.:.J
14.75
29.40
58.37
50
5.30
15.86
31.61
62.75
51
5.72
17.12
34.11
67.72
52
6.20
18.55
36.97
73.40
53
6.76
20.23
40.31
80.03
54
7.42
22.21
44.25
87.85
55
8.21
24.57
48.96
97.20
56
9.17
27.44
54.68
108.56
57
10.36
31.00
61.78
122.65
58
11.88
35.55
70.84
140.65
59
13.90
41.60
82.89
164.56
6o
16.72
50.04
99.71
197.95
61
20.92
62.61
124.75
247.67
62
27.90
83.49
166.37
330.31
63
41.80
125.09
249.26
494.87.
64
83.41
249.62
497.39
987.49
Prepared by Actuarial Service, Veterans Administration, Washington 25,
D. C.
(July, 1946)
11. Conversion regulations are unchanged, except that conversion to
an endowment plan may not be made while he insured is totally disabled.
12. Pending receipt of new application forms, Veterans Administration
Insurance Form 358, may be used with the following modifications:
a. Title - Add "Twenty-year endowment, endowment at age 60, or
endowment at age 65"
b. Delete all reference to permitted class of beneficiaries.
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This form should be executed in triplicate and copies distributed as
outlined in paragraph 15a, AR 600-110. When Veterans Administration
Insurance Form 358 is not available, a written request, clearly stating
the insured's desires, properly signed, will be accepted. Such request
should be executed in triplicate and copies distributed as outlined
above.
V. DISABILITY INCOME BENEFIT. 13. Provision is made for
the inclusion of a total disability income provision. in any National
Service Life Insurance policy (term or permanent policies), upon
application, proof of good health, and payment of an extra premium.
When attached to a National Service Life or endowment policy, the bene-
fit provided is an income of $5.00 a month per $1,000 of insurance,
payable during total disability lasting at least 6 months and beginning
before the insured attains age 60, except on 20-Year endowment where
disability must occur before the maturity of the contract. The first
monthly payment of income is made at the beginning of the 7th consecu
tive month of total disability. The disability must commence after the
date of application for the provision or the effective date thereof if
later, and before default in payment of any premium.
14.' the total disability income provision will be made effective as
follows:
a. If the National Service Life Insurance policy and the total dis-
ability income provision are applied for at the same time and all
requirements are complied with, the total disability income provision
shall, except as provided in b below, be effective as of the same date
the policy becomes effective.
b. If the National Service Life Insurance policy is dated back, or
has been previously issued, and the application is made on other than a
due date of the monthly premium on the policy, and all requirements are
complied with, the total disability income provision shall be effective
as of the last prior monthly premium due date.
15. The following rules will govern when the benefit is added to an
existing policy:
a. On 5-year term, ordinary life, endowment at 60, and endowment at
65 issued at any age, on twenty-payment life and on twenty-year endow-
ment issued at age 40 and above, and on thirty-payment life issued at
age 30 and above, the rate will be that shown in the schedule in para-
graph 16 below for the attained age, nearest birthday; as of the date
the disability benefit becomes effective.
b. On twenty-payment life and on twenty-year endowment issuedbelow
age 40, and on thirty-payment life issued below age 30, special-rates
will have to be obtained from the Veterans Administration, Washington
25, D. C., for the time being. Information and instructions on these
will follow later.
16. The additional premium for this benefit is payable either to
age 60 or to the end of the premium-paying period on the insurance
policy, whichever is the shorter premium period. The premiums quoted
below apply 21 if the effective date of the disability benefit is
the same as the effective date of the insurance policy to which it is
attached:
Additional premiums per $1,000 of insurance
for the income disability benefit:
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AGE
KO
QR
S-A
A
15
.16
.48
.95
1.89
16
.16
.48
.95
1.89
17
.16
.48
.95
1.89
18
.16
.48
.95
1.89
19
.17
.51
1.01
2.01
20
.17
.51
1.01
2.01
21
.18
.54
1.07
2.13
22
.19
.57
1.13
2.25
23
.19
.57
1.13
2.25
24
.20
.60
1.19
2.37
25
.21
.63
1.25
2.49
26
.21
.63
1.25
2.49
27
.22
.66
1.31
2.60
28
.23
.69
1.37
2.72
29
.24
.72
1.43
2.84
30
.25
.75
1.49
2.96
31
.25
.75
1.49
2.96
32
.26
.78
1.55
3.08
33
.28
.84
1.67
3.31
34
.29
.87
1.73
3.43
35
.30
9o
1.79
3.55
36
.31
.93
1.85
3.67
37
.32
.96
1.91
3.79
38
.34
1.02
2.03
4.03
39
.35
1.05
2.09
4.14
40
.37
1.11
2.21
4.38
41
.39
1.17
2.33
4.62
42
.41
1.23
2.44
4.85
43
.43
1.29
2.56
5.09
44
.45
1.35
2.68
5.33
45
.47
1.41
2.80
5.56
46
.49
1.47
2.92
5.8o
47
.52
1.56
3.10
6.16
48
.55
1.65
3.28
6.51
49
.57
1.71
3.40
6.75
50
.60
1.80
3.58
7.10
51
.63
1.89
3.76
7.46
52
.67
2.01
4.00
7.93
53
.70
2.09
4.17
8.29
54
.73
2.18
4.35
8.64
55
.77
2.30
4.59
9.12
56
.81
2.42
4.83
9.59
57
.85
2.54
5.07
io.o6
58
.89
2.66
5.31
10.54
59
.94
2.81
5.61
11.13
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Cir 257 12
AGE
MO
QR
S-A
A
15
.24
.72
1.43
2.84
16
.24
.72
1.43
2.84
17
.24
.72
.1..43
2.84
18
.25
.75
1.49
2.96
19
.25
.75
1.49
2.96
20
.26
.78
1.55
3.08
21
.26
.78
1.55
3.08
22
.27
.81
1.61
3.20
23
.27
.81
1.61
3.20
24?
.28
.84
1.67
3.31
25
.28
.84
1.67
3.31
26
.29
.87
1.73
3.43
27
.30
.90
1.79
3.55
28
.30
.90
1.79
3.55
29
.31
.93
1.85
3.67
30
.31
.93
1.85
3.67
31
.32
.96
1.91
3.79
32
.32
.96
1.91
3.79
33
.33
.99
1.97
3.91
34
.33
.99
1.97
3.91
35
.34
1.02
2.03
4.03
36
.35
1.03
2.09
4.14
-7
.35
1.05
2.09
4.14
.36
1.08
2.15
4.26
39
.36
1.08
2.1')
4.26
40
.37
1.11
2.21
4.38
41
.39
1.17
2.33
4.62
42
.41
1.23
4.85
43
.43
1.29
,x.56
5.09
44
.45
1.35
2.68
5.33
45
.47
1.41
2.80
7.56
46
.49
1.47
2.)2
5.80
47
.52
1.56
x;.10
6.16
48
.is
1.65
3.28
6.51
49
.57
1.71
3.4o
6.75
50
.6o
1.80
3.?58
7.10
51
.63
1.89
1.76
7.46
52
.67
2.01
4.oo
7.93
53
.70
2.09
4.17
8.29
54
.73
2.18
4.35
8.64
55
.77
2.30
4.59
9.12
56
.81
2.42
4.83
9.59
57
.85
2.54
5.07
10.06
58
.89
2.66
5.31
10.54
59
.94
2.81
5.61
11.13
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 Approved For Release 2001/08/24: CIA-RDP57-00384R001200020078-4
AGE
MO
@E
S.-A
A
15
.07
.21
.42
42
.83
.83
16
17
.07
.07
.21
.21
.
.42
.83
18
.07
.21
.42
42
.83
.83
19
.07
.21
.
20
.08
.24
.48
.95
21
.08
.24
.48
.95
22
.09
.27
.54
1.07
23
.09
.27
.54
60
1.07
1.18
24
25
.10
.10
.30
.30
.
.60
1.18
26
.11
.33
.66
1.30
42
1
27
.12
.36
.72
.
1.54
28
29
.13
.14
.39
.42
.78
1.66
.45
.89
1.78
1
89
31
.16
.48
.95
.
32
.18
.54
1.07
2.13
33
.19
.57
1.13
2.25
2
49
34
.21
23
.63
.69
1.25
1.37
.
2.72
35
36
.
.25
.75
1.49
2. 96
37
.28
.84
1.67
3.31
38
.30
.90
1.79
3.55
4
03
39
.34
1.02
2.03
.
40
.37
1.11
2.21
4
38
42
42
.39
.41
1.17
1.23
2.3344
2.
.
4.85
43
.43
1.29
2.56
5.09
45
.45
1.35
2.68
80
2
5.33
5.56
46
.47
49
1.41
1.47
.
2.92
5.80
47
.
.52
1.56
1
65
3.10
3.28
6.16
6.51
48
49
.55
.57
.
1.71
3.40
6.75
50
.6o -
1.80
3.58
3
76
7.10
7.46
51
.63
67
1.89
2.01
.
4.00
7.93
52
53
,
.70
2.09
18
2
4.17
4.35
8.29
8.64
54
55
73
.
.
2.30
4.59
9.12
56
.g
2.42
4.83
9.59
o6
1o
57
.85
89
2.54
2.66
5.07
5.31
.
10.54
58
59
,
.94
2.81
5.61
11.13
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 Approved For Release 2001/08/24: CIA-RDP57-00384R001200020078-4
Cir 257 14
AGE
15
.19
.57
1.13
2
25
16
.19
.57
1.13
.
2.25
17
.19
.57
1.13
2
25
18
'
.19
.57
1.13
.
2.25
19
.20
.6o
1.19
2.37
20
.20
.60
1.19
2.37
21
.20
.6o
1.19
2.37
22
.21
.63
1.25
2
49
23
.21
.63
1.25
.
2
49
24
.22
.66
1.31
.
60
2
25
.22
.66
1.31
.
2
6o
26
.23
.69
1.37
.
2.72
27
.23
.69
1.37
28
.24
.72
1.43
2
84
29
.24
.72
1.43
.
2.84
30
.25
.75
1.49
2
96
31
.25
.73
1.49
.
2.96
32
.26
.78
1.55
3.08
33
.28
.84
1.67
3.31
34
.29
.87
1.73
3.43
35
.30
.90
1.79
3.55
36
.31
.93
1.85
3.67
37
.32
.96
1.91
3.79
38
.34
1.02
2.03
4.03
39
.35
1.05
2.09
4.14
40
.37
1.11
2.21
4
38
41
.39
1.17
2.33
.
4
62
42
.41
1.23
2.44
.
4
85
43
.43
1.29
2.56
.
09
5
44
.45
1.35
2.68
.
5.33
45
.47
1.41
2.80
5.56
46
.49
1.47
2.92
5.80
47
.52
1.56
3.10
6
16
48
.55
1.65
3.28
.
6
51
49
.57
1.71
3.40
.
6.75
50
.6o
1.80
3.58
10
7
51
.63
1.89
3.76
.
46
7
52
.67
2.01
4.00
.
7.93
53
.70
2.09
4.17
8
29
54
.73
2.18
4.35
.
8
64
55
.77
2.30
4.59
.
12
9
56
.81
2.42
4.83
.
9.59
57
.85
2.54
5.07
10
06
58
.89
2.66
5.31
.
10
54
59
.94
2.81
5.61
.
11.13
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 Approved For Release 2001/08/24: CIA-RDP57-00384R001200020078-4
15 Ciro 257
17. If application is made for the total disability income provi-
sion before 1 January 1950, requirement for good health will be waived
in case an actually service-incurred disability less than total in de-
gree is the only bar. to a showing of good health.
18. Pending receipt of new application form for total disability
income provision, Veterans Administration Insurance Form 350a (Appli-
cation for National Service Life Insurance) may be used when applying
for total disability insurance to be made a part of National Service
Life Insurance now in effect, with the following modifications:
a. Title. Change title to read: "Application for addition of total
disability insurance to National Service Life Insurance now in effect."
b. Item 8. Delete "insurance on the five-year level-premium term
plan in the amount of $
Add "total disability insurance to be made a part of my present in-
surance." (If applicant desires total disability to be applied to
amount of insurance which is-less than the total amount of insurance
now in force under the policy, the amount on which total disability is
to be applied should be stated.
c. Items 10 and U. Delete both items. Beneficiary designation
and optional settlement will be in accord with insurance to which total
disability insurance is to be added.
d. Item 13. Delete "(not later than the first day of the month fol-
lowing date of application)". See paragraph 14 above for instructions
regarding effective date of Total Disability protection.
This form should then be executed in triplicate and copies distributed
as outlined in paragraph 4b(1), AR 600-110, with respect to Veterans
Administration Insurance Form 350.
VI. REINSTATEMENT. 19. Any level premium term policy which
has lapsed may be reinstated at any time within the term period, upon
written application and the payment of two monthly premiums (no inter-
est) and the submission of evidence of good health satisfactory to the
Administrator of Veterans Affairs. Usually, a statement over the in-
sured's signature that he is in as good health on the date of applica-
tion (and tender of required premiums) as he was on the due date of the
premium in default (Comparative Health Statement) will be acceptable if
application is made within 6 months after the date of lapse or within 6
months after date of enactment of the Insurance Act of 1946, whichever
is the later. The existence of "good health" shall not be denied in
connection with any application for reinstatement if application is
submitted prior to 1 January 1950, and if the disability or disabili-
ties, less than total in degree, resulted from or were aggravated by
active military service between 8 October 1940 and 2 September 1945,
both dates inclusive.
20. Existing reinstatement requirements for lapsed permanent
(converted) policies are'unchanged by the Insurance Act of 1946;
except, that the existence of good health shall not be denied under
the same conditions as apply to term insurance, as outlined in para-
graph 19 above. Interest on premiums in arrears shall be at the rate
of 5 percent per annum, compounded annually, on any premiums in arrears
which became due on or before 31 July 1946, and thereafter at the rate
of 4 percent per annum, compounded annually.
21. Pending receipt of new application form for reinstatement, Vet-
erans Administration Insurance Form 353a may be used to reinstate 5-
year level-premium term insurance. This form should be executed in
triplicate and copies distributed as outlined in paragraph 20a(l)(a),
AR 600-110, with respect to present Veterans Administration Insurance
Forms 353 and 353a.
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C1r 257 16
VII. ELIGIBILITY; 22. Any person who has had active service be-
tween 8 October 1940, and 2 September 1945 (both dates inclusive) may
apply for and be granted term insurance convertible after 1 year, upon
payment of premiums, or establishment of an allotment, and evidence of
good health satisfactory to the Administrator of Veterans Affairs.
However, existence of good health may not be denied because of a
service-connected disability, less than total in degree, resulting
from or aggravated by such service, if such application for new in-
surance is submitted prior to 1 January 1950. The maximum amount of
insurance for which the applicant may be otherwise eligible under this
provision is decreased by the amount of any insurance which may have
been surrendered for its cash value, and it is provided farther that
no person may carry in excess of $10,000 Government Life Insurance.
VIII. EXTENSION OF TIME LIMIT FOR FILING APPLICATION
FOR WAIVER OF PREMIUMS. 23. Upon application made within 1
year of the date of enactment of the Insurance Act of 1946, the Admin-
istrator of Veterans Affairs may waive any premium becoming due not
more than 5 years prior to 1 August 1946, the date of the enactment
of this Act. Also, the beneficiary's right to file claim for premium
waiver after the insured's death has been extended to 1 August 1947,
or within 1 year after the insured's death, whichever is later; or if
the beneficiary be insane or a minor, within 1 year after removal of
such disability.
IX. DISABILITY CLAIMS. 24. Under the Insurance Act of 1946
certain provisions of the National Service Life Insurance Act were
amended retroactively to take effect as of 8 October 1940. Two such
amendments which affect claims for waiver of premiums previously dis-
allowed are summarized as follows:
a. Provision is made whereby, in the event of disagreement and denial
of the claim for waiver, the insured has the right to enter suit and have
a trial by jury.
b. Certain disabilities known as "statutory disabilities" are men-
tioned in the amended act, which, if present, create a presumption of
total disability irrespective of industrial activity. These disabil-
ities are: "The permanent loss of the use of both feet, both hands,
or of both eyes, or of one foot and one hand, or of one foot and one
eye, or of one hand and one eye, or the total loss of hearing of both
ears, or the organic loss of speech."
25. In order to expedite the process of reconsidering claims here-
tofore disallowed, it is advisable for the individual concerned to
request this action. In other instances, those who did not apply be-
cause at the time they could not meet the requirements may now be
eligible. They should be advised to file claim as soon as possible.
(AG 019 (21 Aug 46))
OFFICIAL: DWIGHT D. EISENHOWER
EDWARD F. WI'TSELL Chief of Staff
Major General
The Adjutant General
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