INSURANCE: War Clauses

U.S. life insurance firms, their best crop of prospects now earmarked for military service, last week broke out in a rash of war-risk clauses in all new policies. Anything but uniform, the clauses all produced the same net result: no payment for death due to war. (Policies already in force are of course not affected.) War-risk clause extremes :

> Most liberal (written by Metropolitan Life and others) covers death not due to acts of war, even if it occurs while the insured is in the armed forces and outside the U.S. Beneficiary...

Want the full story?

Subscribe Now

Subscribe
Subscribe

Learn more about the benefits of being a TIME subscriber

If you are already a subscriber sign up — registration is free!