DESIGNATION OF BENEFIGIARIES QF
LIFE INSURANCE POLICIES
BuPers Notice 1740 of 26 May 1961
informs Navy personnel of the importance
of maintaining up to date the designated
beneficiaries of life insurance policies.
The Veterans’ Administration hasrep
ort6d*.*that some policyholders of Nation
al Service Life Insurance and United
States Government Life Insurance have
failed to keep beneficiary designations
on such insurance current. Frequently
these policies were bought when the
members were without family responsib
ilities. Many cases where changes
apparently should have been made are
brought to the attention of the Secret
ary of the Navy and the Veterans’ Admin
istration by members of Congress and
the survivors of deceased personnel.
The VA recently solicited a new benef
iciary application from a random group
of insureds. Four out of ten of the
insureds contacted made an actual change
in their previous designation. It is
believed the same condition might hold
true for Navy Personnel.
a poncynoiaer nas xne rignx to name
anyone he wishes as beneficiary for his
life insurance policies. The benefic
iary designated on each policy will
receive the insurance benefits regard
less of who is designated in the deced
ent’s will or other document. The Chief
of Naval Personnel is concerned that
Navy personnel ... keep their beneficiary
designations current, and that they are
always certain that the name of the
person or persons they want their in
surance paid to is properly recorded on
the records of the VA or the commercial
life insurance company.
Personnel holding USGLI/NSLI policies
shall be advised to review their benef
iciary designations on such insurance.
If a member is not certain whom he has
designated as beneficiary on his insur
ance, he should complete VA Form 9-336
(Change or Designation .of Beneficiary
and/or Change or Selection of Optional
Settlement) and forward this form
promptly to the Veterans’ Administration
District Office, Post Office Box 8079,
Philadelphia 1, Pa.
ANNOUNCEMENTS
FOR SALE: Roto-Broil "400" Mode^Auto
matic Electric Infra-Red Rotisserie.
Brand New* $55*00 A. N. Miller, B313,
Phone 029-J*
FOR SALE s 1951 Ford 4 Dr, $100. Needs
work. Call Toal X-336 daytime or 48OJ
evenings.
FOR SALE: 1951 Chev Pickup in good
condition. Call Campbell X-187 during
working hours.
FOR SALE: 1949 Chev. Good Adak Trans
portation. Call RUSHTON 365/367 during
working hours. 622W after.
WORK WANTED: High school girl will d^^
housework. For further information cal]^
052-W.
CUB SCOUT NEWS
The next meeting of the Pack Comm
ittee men will be held Jul 11, at 1700
at the quo'nset hut along side of the
R E Building. It is also requested
that all Committees and their members
for the Cub’s picnic be present at the
meeting.
Saturday, June 17th the Cubs put on
a swimming demonstration at the station
pool for their parents. Miss Charlene
Collier, their instructor is to be
commended for the fine showing made byj
the boys and all mothers and fathers
who witnessed the demonstration are
grateful for her efforts.
Miss. Collier was presented with a
Scroll fromthe Anchorage Masonic Chap
ter, York Rite, by Mr. Eaton, Adak
Masonic President, and a Savings Bond
by Mr* Brauer on behalf of the Pack.
These were presented as tokens by the
appreciation for making the Cub Scout
Swimming Program possible.
Boys that received achievement cards
for the intermediate group were: Danny
Bunczewski, Joe Weisman, John Ray, Joe
Toderick, Eric Batdorf and Ernie Temp
leton.
Boys that received their Advanced
Swimmers Achievement Cards were: Lee
Mann. Bobbie Retzloff, Gary Robinson,
Dan Brauer and Bobbie Shoemaker.
We would like to wish the Rays and
McPhersons a Bon Voyage, they are by now
having a real warm vacation. See you
at the PICNIC.