Smith v. American National Insurance

Miss Irene Smith and others, appellants and complainants below, filed bill of complaint in the Chancery Court of Lauderdale County against American National Insurance Company, seeking to recover alleged excessive premiums paid from 1932 through 1957 on a group policy of life and disability insurance, issued by the appellee to the Mississippi Education Association as master policyholder. The bill also sought other relief. From an adverse decree the appellants appeal.

The policy of insurance was issued on November 1, 1927. The policy contained a provision which reads as *643follows: “The above…