Page:United States Statutes at Large Volume 42 Part 1.djvu/184

 156 SIXTY-SEVENTH CONGRESS. Sess. I. Ch. 57. 1921. because of total permanent disability of the insured or because of the death of the insured as a result of disease or injury traceable to the extra hazard of the military or naval service as such hazard Tmsmhmn may be determined by the director, the liability shall be borne by priatiqns to meugpmlge the United States, an the director is hereby authorized and directed “”‘*· _ hq trpfnsferé fgom tcghq} military andjf naval insuraqce gppropriatiqq to e mte ta overnment e insurance un a sum w `ch, _ together with the reserve of the policy at the time of maturity by Reduced total permanent disability or death, will equal the then value of allowed ee_i'“eeee°'v.,‘”°° such benefits. When a person receiving total rmauent disability "°°““ °°°“ www- benefits under a United States_Government Iii): policy (converted polipiy) recovers from_such disability and is then entitle to continue Tmslammds- a_re uced amount of insurance, the director is hereby authorized and directed to transfer to the military and naval msurance appropriation all of the loss reserve to the credit of such policy claim except a sum sufficrent to set up the then required remrve on the reducedp amount of insurance that may be continued, which sum shall be retained in thehUnited States Government life msurance fund for the purpose of In I suc reserve. ’ e.}v,r‘me,3,.(i‘°°°" _Sec. ze. A new section is hereby eaaedte Aeaeie rv or the wei- · ·’· · Ilisk Insurance Act (mcluding therein section 14 of the Act entitled ‘ An Act to amend and modify the War Risk Insurance Act," app(i·ove;l0uDecember 24, 1919), to be known as section 407, and to rea as ows: g.;':.’.‘.‘:;“&§g°“$.J;il‘ "Sec. 4o7._ ir no person within we permitted class or teeeeeiesee °" survive the,  there shall be paid to the estate of the PWM   the montlzzlly mstallmentzvpayable and applicable under the Suadeeag tc umm piilovggisions of Arg: e tl]? of the fairh Risk Insurance Act: Provided, ‘ amcaseswere eestateo einsured uld ht d the laws of the place of hisresidence the insnrrafivecie shallscnmiiiiaibelllgiaiidl to the estate of the insured, but shall escheat to the United States pnddshall lbe Iqpleildited to she Uplited States Government life insurance v un or the `t an ' tj b .,:g·s.e··—······~» Seize? H This secliibyn eieiiiff. ee"f..“§3‘“ei’ EE %‘1°£§‘3ee°£; Z? deiieei mem", °“°° i"'"" ,_Sec. E7. A new section is hereby added to Article IV of the War A pm", WMM, Risk Insurance Act, to be known as section 408, and to read as follows: m¤<ii¤=¤¤Pm, ;¤;¤5¤;¤5¤_¤¤¤¤¤· _ Sec. 408. In the event that  provisions of the rules and regula- E§§§.$°iJ$‘“ree.e.e°h° ‘2;?i¥5€§°§2§?e ‘?Jf.’ ‘f}L‘ZiP£.’5.‘°”‘l °°“"‘i}°i°‘€·° '?‘° , an reinstaitement of lgpsed or canceled yealrly renewable zgrliniiiisiiirilaniriiai .. ..e.. §e%¥$§5“‘i.'2e§§fe'Q‘*§e‘l.i2°*e?.Z,(?°§'°’““°“°E.? "}i"“.,,',,“§§d° ‘?{,"'§’*§" ._ _, _ ___ eapprovzr te W"'° W“' ""‘"°° applicant s disability is the result of an mjury or- diggaég cyaof an aggravation thereof suffered or contracted in the active military or Pm, 0, mgm naval service  the World Wu: Providergffurther, That the applicant during his _ Gt1lIlP'S'\1bI!l1l}S proof sati actory to the director ..seee·~w·~-zizwzzsaiz:;r;rs:;.:1’s*,.·z‘e.*·:1:e·*S·‘;lh*y 0* ss=t;§0s rrr; - _ _ an erm t . a_c0nd1tion, however, to the acceytancepof ahniiu hcatsign ifor the edp P rernisltazgreéxgz pgslagged or cancif yearly renewalile term insurance or m_ a vemmenfems ( rted` uran the applicant shall be required to ay all1riiih1:(l>accli)Ifric(inthly1i]>i·emiu(d¤‘i·i· which would have become payablg if such insurance had not lapsed, together with mterest at the rate of 5 per centum per annum commgamegt .,0 bam gounéleddarmtngally or; each premium from the date said premium is msg Yémeiréxeéiuee ue_ y e rms o the policy: Promdedfunhn, That_ where any ,,5,,,, d,s,,,,u,t, mg soldier has heretofore allowed his insurance to lapse while suiferm¤‘ gigs <=<>¤¤p¢¤¤¤¤¤¤» from wounds or_disease suffered or contracted in iline of servicci and was at the time he allowed his said policy to lapse entitled to