Payments Due Academy Life Insurance Policyholders

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The Academy Life Insurance Co. is seeking an estimated 110,000 current and former service members who may be eligible to receive payments from a fund established as part of a settlement it reached with the Justice Department on Dec. 19, 2002. The company will mail notices and payment applications to the last address it has for thousands of former policyholders it believes are eligible, said Col. Steve Strong, DoD legal policy director for Personnel and Readiness. Notices were to be mailed by Feb. 24, he added. Persons eligible for payments have until June 24 to file. After that deadline, applications won't be considered, Strong emphasized. For more information on eligibility requirements or a notice and application, call Academy Life toll (800) 523-5625.