Smith v. Tennessee Farmers Life Reassurance Co.

OPINION

WILLIAM C. KOCH, Jr., P.J., M.S.,

delivered the opinion of the court,

in which WILLIAM B. CAIN and FRANK G. CLEMENT, Jr., JJ., joined.

This appeal involves a dispute between an insurance company and the widow of a deceased policyholder. Following the policyholder’s death, the insurance company declined to honor the policy because it had ascertained that the policyholder’s application for insurance contained misrepresentations regarding matters that, if known, would have affected its decision to issue the policy. The policyholder’s widow filed suit in the Chancery Court for Franklin County…