Veterans Will Get Payments on Life Insurance Policy

Another slice of federal pie will go to the nation's World War II veterans in the form of divident payments on their National Service Life Insurance policies.

As a result of a recent Supreme Court decision, it is now possible for the Veterans Administration to begin the nationwide auditing job necessary before payment of the first dividend on the GI insurance, an information bulletin from the VA, released here by the Counsellor for Veterans Office, discloses.

Many Cards Checked

More then twenty million cards, both active and elapsed, will be checked by VA officials before the process is completed.

Dividends will be payable on all policies which were in force for a period of three or more months, and will be paid on all types of policies. Policies now lapsed, but which meet the three-month requirement, will share in the benefits.

The VA bulletin emphasizes that it is not possible at this stage to give any estimate either of the amount of the dividends, or of the date on which they will be paid.