yearly renewable term insurance वाक्य

Petitioner alleged that his insanity had existed before May 31, 1919, the day on which his yearly renewable term insurance policy lapsed for nonpayment of the premium.
Section 17 of the Act declared : " All public laws granting medical or hospital treatment, domiciliary care, compensation, and other allowances, pension, disability allowance, or retirement pay to veterans and the dependents of veterans of . . . the World War . . . are hereby repealed, and all laws granting or pertaining to yearly renewable term insurance are hereby repealed . " However, the Act allowed the president to re-establish these benefits for two years via executive order at levels the President deemed appropriate.