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Interest To Veterans
The Veterans Administration will now issue two reminder notices to Korean Conflict veterans holding GI limited renewable term "W" type insurance to warn them when their policies will no longer be renewable. Policies of this type finally expire at the end of the 5 year term period which contains the Insured’s 50th birthday. After that period the policy must be converted to a permanent plan or it expires. The two reminder system is possible through the use of modern data processing equip ment. One reminder will be sent to the veteran a year before expiration of the policy and the final last chance reminder will be sent 90 days before the policy is due to expire. Veterans of any *war who hold term insurance should check in to the advisability of converting it to permanent type insurance to procure long er protection without the increasing term Insurance costs. In addition to furnishing government markers for the unmarked graves of veterans. Army policy provides for the replacement of markers, upon request, when they are no longer serviceable - when they have been damaged or become unsightly due to weathering or the inscription becomes illegible.
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