Other editions - View all
Common terms and phrases
amended American Legion apply attorney beneficiary bill bureau Captain MILLER cent Chairman claim claimant clause committee compensation Comptroller Congress CONNERY contract converted insurance cost course court death director district District of Columbia endowment policy ex-service fact filed Government insurance Government life insurance Government policy HAMMITT HINES insurable risk insurance companies insurance fund insurance policy interest JEFFERS KIRBY lapsed legislation liability life-insurance MACFARLANE MACLEAN Maher matter ment months mortality MURPHY paid payable payment period PERKINS permanent total disability permanently and totally person policyholders POSEY premium question Randolph Perkins reason regular companies regulations reinstatement and conversion renewable term insurance risk insurance Schwalby Silberschein SMITH statement statute of limitations subcommittee suits surance thing tion total and permanent trust United States Government United States Veterans VINCENT war risk war-risk insurance World War veterans yearly renewable term
Popular passages
Page 17 - That the United States shall bear the expenses of administration and the excess mortality and disability cost resulting from the hazards of war. The premium rates shall be the net rates based upon the American Experience Table of Mortality and interest at three and one-half per centum per annum.
Page 183 - Total disability shall be deemed to be "permanent" whenever it is founded upon conditions which render it reasonably 'certain that it will continue throughout the life of the person suffering from it.
Page 2 - 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 115 - The circuit courts of appeal and the Court of Appeals of the District of Columbia shall respectively exercise appellate jurisdiction and...
Page 202 - If the Government of the United States shall put in issue the right of the plaintiff to recover, the court may, in its discretion, allow costs to the prevailing party from the time of joining such issue. Such costs, however, shall include only what if actually incurred for witnesses, and for summoning the same, and fees paid to the clerk of the court.
Page 3 - United States Government life insurance (converted insurance), the applicant shall be required to pay all the back monthly premiums which would have become payable if such insurance had not lapsed, together with interest at the rate of 5 per centum per annum, compounded annually, on each premium from the date said premium is due by the terms of the policy : Provided further.
Page 3 - That the applicant's disability (if any) is the result of an injury or disease, or of an aggravation thereof, suffered or contracted in the active military or naval service during the World War...
Page 206 - The director, subject to the general direction of the President, shall administer, execute, and enforce the provisions of this act, and for that purpose...
Page 2 - ... the beneficiary to elect to receive payment of the insurance in installments for thirtysix months or more, but only if the insured has not exercised the right of election as hereinbefore provided; and even though the insured may have exercised his right of election the said contract may authorize the beneficiary to elect to receive such insurance in installments spread over a greater period of time than that selected by the insured. This section shall be deemed to be in effect as of June 7, 1924.
Page 1 - Regulations shall provide for the right to convert into ordinary life, twenty-payment life, endowment maturing at age sixty-two and into other usual forms of insurance...