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Some 60 of Rappahannock County’s war veterans will be better off to the tune of approximately $4,000 in the months ahead, according to figures from Washington.
The money, a record amount, represents the payment of dividends due them under their GI insurance policies.
They and the other veterans of World War I and World War II who are holders of such policies will share in a distribution of $275,000,000, the Veterans Administration reports. Those veterans who saw service solely in the Korean War or in the Vietnam War will not be eligible for any part of this melon because of the type of insurance they have.
The majority of the recipients are veterans who are covered by National Service Life Insurance, which was issued for World War II service The others who will participate are World War I vets who hold U. S. Government Life Insurance policies.
The 60 men and women in Rappahannock County who will be on the receiving end comprise about one-fourth of the local World War veterans, listed at 240 in the
96.6%