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Life Insurance Company Review in Kansas City 2020



  Kansas City Life Insurance Logo

Chances are you're here because you're considering Kansas City Life Insurance.

This is amazing because we know everything about KC Life and that you're in the right place!

Whether you want to provide a safety net for your family or are just planning for what-if, KC Life Insurance can be a great choice.

Before deciding if they are the insurer for you, it is important to find out as much information as you can about competing life insurance companies!

This comprehensive Kanas City Life Insurance Guide gives you everything you need to know before moving on.

From strengths to weaknesses, we share inside information to help you decide if KC Life Insurance is right for your family's needs.

Quick Guide / Contents:

Who's Kansas City Life Insurance? [1
9659012] reviews on Kansas City life insurance, KC life insurance logo "width =" 300 "height =" 182 "srcset =" https://www.insuranceblogbychris.com/wp-content/uploads/2016/08/kansas-city- life-insurance-logo.jpeg 300w, https://www.insuranceblogbychris.com/wp-content/uploads/2016/08/kansas-city-life-insurance-logo-150×90.jpeg 150w "sizes =" (max- width: 300px) 100vw, 300px "/> Kansas City Life Insurance originated Kansas City, MO and was incorporated as the Bankers Life Association on May 1, 1895.

The company was first founded by 3 people including Major William Warner (President), Mr. JH North (Vice President) and Mr. SE Rumble (Secretary).

The company changed its name to Kansas City Life Insurance Company 1900 and it was then that the company began issuing small In 1924, the company moved to its current location.

Is life insurance for you?

Kansas City Life Insurance, a public company with over [19659012] 500,000 coast-to-coast policyholders operating in 48 states and the District of Columbia. Its agency has more than 2,500 representatives and a staff of over 400 who provide support to both field agents and policyholders.

Kansas City Life Group was commissioned on May 1, 1985, as the Bankers Life Association and Kansas City Life Group which includes the following companies:

  • KC Life Insurance Company
  • Old American Insurance Company
  • Sunset Life Insurance Company of America, and
  • Sunset Financial Services, Inc. (a wholly owned subsidiary of KC Life Insurance Company) [19659026] Services Provided

Kansas City Life Insurance Company provides the following services:

  • Individual Life Insurance Products
  • Annuity and group products through general agencies
  • Variable life insurance and variable annuity options
  • Funds through Sunset Financial Services Inc.

This group also offers a variety of insurance types such as life insurance, dental insurance and vision insurance and specials in group life and volunteer life.

Kansas City Life Insurance Ratings – Financial

Any person considering buying life insurance must confirm that the company they are purchasing their insurance from is financially sound

In other words, you must be comfortable that The insurer will be able to meet all the claims that your family makes.

A solid rating means that the company has sufficient cash reserves to pay

In summary, financial ratings are given by companies that specialize in analyzing the stability of life insurers for your protection.

Kansas City Life Insurance Co. is very financially secure and has a

According to AM Best, as of July 2016, was the financial rating of Kansas City Life Insurance Company : – A (Excellent)

There are a total of 13 ratings used by AM Best from A ++ (Superior) to D (Poor).

AM Best states that the company's overall results are excellent and the future prospects are considered stable in the long term .

In summary, Kansas City Life Insurance Reviews is an excellent choice and policyholders can rest assured that the future economic outlook for this company is strong.

KC Life Insurance Products

Kansas City Life Insurance Co. sells a variety of products, which include a fine mix of both Term and Permanent Life Insurance offers and riders.

Policies that you can choose through Kansas City Life include:

  • Term life
  • Universal Life
  • Indexed Universal Life
  • Variable Universal Life
  • Entire Life Insurance
  • Annuity
  • 19659023] Return of Premium Rider

Kansas City Term Life Insurance

What I like about Kansas City Life is that they have a number of options for futures policies that include:

  • Choice Term 20 : The minimum insurance amount is $ 250,000 and the minimum purchase age is 18. The premium does not change.
  • Level insurance : For ten, 15, 20 and 30 years.
  • Level Benefit Period : For 10, 15, 20 and 30 years.

* All semester plans have a conversion option.

An insurance policy where the insurer is obliged to renew or update the insurance regardless of the insured's health. An insurance with this type of insurance allows the insured to switch to another type of insurance without doing a physical examination. Investopedia, Conversion Privilege

KC Universal Life Insurance

Universal Life is more flexible than Whole Life because you have more options to manage your insurance.

Kansas City Universal Life provides greater control over premiums and offers adjustable coverage. This allows you to adjust your death benefits and increase or decrease your premiums .

You can also change the frequency of your payments or even stop them completely for a period of time. The interest rates are also guaranteed that never falls below the rate stated in your insurance.

You can also target your premiums to an indexed account based on the S&P 500 over a 1-year period. You have two choices of index accounts and each has a different limit.

Sunset Financial Services Inc provides a variable life insurance series that is generally only available through prospectuses.

Kansas City Whole Life Insurance

Whole life is a much more conservative form of permanent life insurance. This policy is generally popular with those who do not want to take risks.

Premiums are guaranteed for the entire insurance period. Death benefits are also guaranteed, but you have no options when it comes to changing your death benefits or the amount of death benefits. strongly advocates that full life insurance only works for a very small proportion of the population. In most cases, we recommend that customers buy maturity and invest the rest.

Forty years ago, whole life insurance made a lot of sense as an investment fund. Today it is as outdated as disco, hula hoops and pet rocks. Tony Steuer, The Case Against Whole Life Policies

Annuities

Kansas Life Insurance offers a variety of annuities. These policies are available through Sunset Financial Services Inc .

An annuity is a long-term investment that provides guaranteed income payments for life. There are two types of annuities you can choose which include:

  • Fixed annuity – which guarantees a fixed interest rate and different payment options
  • Variable annuity – allows you to choose from a variety of investment and payout options

You can also choose beneficiary options so you can decide who will receive money on your death.

Return of Premium Rider

A Return of Premium (" ROP ") Rider is only available for life insurance. ROP options through life insurance Kansas City are available for 20 and 30-year periods.

Both provide full refund of premium benefits at expiration. You can also opt for a non-confiscating provision that allows you to continue your life insurance without additional cash expenses.

Additional Life Insurance Drivers

There are other types of life insurance drivers available including:

  • Income Assured Options
  • Terminal Illness Rider
  • Waiver of Premium
  • Accidental Death Benefit
  • Husband or Children's Rider
  • ! This company really provides an impressive range of life insurance products.

    Kansas City Life Insurance Co. Underwriting Comparison

    I will compare Kansas Life Insurance Guidelines for insurance with 2 other random companies. Every life insurer values ​​individuals differently and some are milder than others.

    The other two companies we chose include US General Life Insurance and Metlife Insurance.

    We will look at their guidelines for a "Preferred Plus" Life expectancy for a man who is 5 & # 39; 10 "tall. Our rating features will examine the following five factors:

    Here are the guidelines for insurance health care:

    KC Life Insurance

    Height Weight Building

    • A 5 & # 39; 10 ”man can not weigh more than 192 pounds

    Tobacco use

    Maximum blood pressure

    • No medication
    • Age 0-50: Blood pressure not higher than 135/85
    • Age 51 Plus: Blood pressure not higher than 140/90

    Maximum cholesterol treated

    • Cholesterol level maximum: 220 (allows use of cholesterol lowering drugs)
    • Cholesterol / HDL ratio – Must be <= 5.0

    Family history

    • No heart -vascular disease, insulin-dependent diabetes or cancer before the age of 60 in parents or your siblings or any other hereditary disease.

    American General Life Insurance

    Height / Weight Ratio

    • A man who is 5 & # 39; 10 "tall can weigh h between 130 – 205 pounds.

    Tobacco use

    • No tobacco use for 5 years

    Blood pressure

    • From 0 – 60 years: Blood pressure not greater than 135/85
    • From 61 years of age Plus: Blood pressure not higher than 140/85

    Cholesterol HDL ratio

    • About ratio Less than 5, 215 cholesterol level
    • About ratio less than 4.5, 290 cholesterol level

    Family history

    • There must be no coronary heart disease or cancer before the age of 60 (parents only)

    Met Life Insurance (Elite Plus) [19659061] Height Weight Build

    • A 5 & # 39; 10 ”Man and not heavier than 188 pounds

    Tobacco use

    • No nicotine use in the last 60 months and negative nicotine n test.

    Blood Pressure

    • Ages 40 and under: 130/80
    • Ages 41 – 54: 135/85
    • Ages 55 – 69: 140/85
    • Ages 70 and Ove r: 140/90

    Cholesterol HDL ratio

    • Age 54 and below: 220 / 4.5
    • Ages 55 – 69: 230 / 4.5
    • Ages 70 and over – 140/90

    Family history

    • No cardiovascular disease or cancer (some cancers may qualify) in either parent or sibling before 60 years of age.

    Summary of Kansas City Life Insurance Reviews Underwriting

    After analysis according to the guidelines above, I have determined that life insurance Kansas City is very gentle in some areas while more conservative in others.

    As I mentioned, the insurance requirements vary considerably from company to company. [19659003] As a result, you should always consult an independent life insurance agent, such as Huntley Wealth. We can help you go through all the different guidelines to find the best possible policy for your particular circumstances.

    How does KC Life Insurance Price-Wise compare?

    The next step is to compare prices. I used Term4Sale.com to generate figures for a 20-year policy for male and female non-smokers with ratings "Preferred Plus" with coverage of $ 250,000.

    Here's a quick snapshot of the premiums you can expect to pay on Life Insurance Kansas City, American General & MetLife:

    Kansas City Life Insurance Courses

      Kansas City Life Insurance Courses, KC-term life insurance preferred elite without tobacco for women and men 25 to 45 years of age
    American General Term Life Insurance Quote

      aig logo, aig vs kansas city life insurance company

    25 year old woman: $ 11.81 per month

    35 years old female: $ 13.54 per month

    45 year old female: $ 25.21 per month

    25 year old male: $ 13.22 per month

    35 year old male: $ 14.62 per month [19659003] 45 year old man: $ 31.27 per month

    Completed life insurance courses

     metlife logo, metlife vs kc life insurance

    35 year old woman: $ 13.64 per month [19659003] 45 year old female: $ 26.01 per month

    25 year old male: $ 14.09 per m

    35 year old male: $ 15.44 per month

    45 year old male: $ 32.09

    Kansas City Life Insurance Premium Analysis

    Whoops! It seems that Kansas City's life insurance premiums are a little more expensive compared to other life insurance companies.

    I do not want to mislead you, their premiums are competitive and definitely cheaper than many other life insurance companies, but they are a little higher than the ten most affordable companies.

    The Bottom Line

    Based on product availability, insurance criteria and premium costs, Kansas City Life Insurance Co. is an excellent life insurance company.

    Not only does it have an excellent range of life insurance products and riders, but their insurance policies are relatively competitive for a variety of health issues.

    Unfortunately, their premiums are slightly more expensive, but they are by no means too expensive.

    In summary, you may find more affordable premiums if you work with an independent agent like Huntley Wealth, but overall review of Kansas City Life Insurance is a solid company.

    Contact us at Huntle y Wealth

    Let us help you search through all available options.

    If you are looking for low cost or permanent insurance call the independent agents here at Huntley Wealth today! We have access to dozens of life insurance companies and will work diligently to get you the best for your circumstances.

    We do not work for insurance companies, so our agents will only market the best possible product. 19659003] Do you have a pre-existing medical condition? If so, we can help!

    Huntley Wealth specializes in high risk life insurance. From bad hearts to missing parts, we have you covered.

    Call Huntley Wealth right now at 888-603-2876. We can help!

    * While doing our utmost to keep our site up to date, please be aware that "current" information on this site, such as quotation estimates or relevant company information, may only be accurate from its last edit day. Huntley Wealth & Insurance Services and its representatives do not provide legal or tax advice. Please contact your own legal or tax advisor.


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