Southern Security Life Insurance v. Smith

George Rose Smith, Justice.

This action upon two $10,-000 credit life insurance policies is governed by our decisions in American Pioneer Life Ins. Co. v. Smith, 255 Ark. 949, 504 S.W. 2d 356 (1974); American Pioneer Life Ins. Co. v. Turman, 254 Ark. 456, 495 S.W. 2d 866 (1973); Union Life Ins. Co. v. Davis, 247 Ark. 1054, 499 S.W. 2d 192 (1970); and Life & Cas. Ins. Co. v. Smith, 245 Ark. 934, 436 S.W. 2d 97 (1969).

Here, as in the cases cited, the insured signed applications in which he falsely stated that he was in good health. In fact, he had suffered a heart attack in 1967, after which he…