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A Announces Lower Disability Income Rider on XSLI The Veterans Administration has announced a 1 eduction m premium rates charged for total I disability income rider on five year term National Service Life Insurahce policies. This benefit provides monthly ; income for the insuied nnd con tinues his insurance in effect without the payment of premiums for so long a period as the insured 1 is totally disabled. At some ages the reduction in the charge for total disability in tome coverage is more than 50 per cent. The reduction resulted from a new method of computa tion put in effect following Con gressional action providing in definite renewal privileges for term policies. The new rates are on a gradu ated scale, becoming increasingly higher with each renewal <as the insured grows older), but they are not as great as the previous rates until the insured reaches the age of 55. That is the last renew** in which the policy can carry the total disability income feature, as this rider becomes inopeartive at age 60. A comparison of the old and new annual rates per $1,000 of in surance for the total disability income rider are: Age Old Rate New Rate 30 $ 3.55 $ 1.07 35 4 44 1 42 40 4 38 2.01 45 5.56 3.31 50 7.10 5.56 55 9.12 9.12 56 9.59 9.59 57 10.06 10.06 58 10.54 10.54 59 11.13 11.13 Any holder of a participating plan of National Service Life In- , surance may have this provision added to his policy by passing a physical examination and paying the additional premium.
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