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News For Veterans
Veterans of World War II and Korea who became totally disabled between the date of their application for National Service Life Insurance and the subsequent effective date may now file application for premium waiver.
The Veterans Administration, in calling attention of veterans and their kin to this new law, explained that the total disability must have been incurred in line of duty between October, 8 1940 and July 31, 1946, or between June 27, 1950 and April 30, 1951. The insured must have remained continuously so disabled until his death or until June 8, 1960, whichever was earlier.
Application for waiver of premiums must be filed by the insured, or if dead, by the beneficiary with in two years after June 8, 1960. Applications will also be accepted from persons representing mentally incompetent veterans.
Because of the time limit placed upon applications, the VA urges eligible veterans or their beneficiaries to apply promptly for the waiver of premiums.
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