Financial stability, based on a history of fiscal integrity, highlights Kansas City Life’s record of progress. In more than 115 years of business, Kansas City Life Insurance Company has seen the insurance and financial services world transform dramatically. We are prepared to see our policyholders through the challenges of the future.
Kansas City Life’s reputation is built on integrity, sound fiscal policies and honest business practices. To us, integrity is not an outdated notion in a fastpaced world. It is the guiding force behind every decision we make. Every policy we sell is backed by more than a century of quality service and financial stability.
Accumulator Variable Universal Life
Kansas City Life’s Century II Variable Products are distributed by Sunset Financial Services Inc., Member FINRA and SIPC, a wholly owned subsidiary of Kansas City Life Insurance Company.
Variable Product Series Building your future with a secure partner
Kansas City Life Insurance Company 5586
www.kclife.com
5.10m
For Broker-Dealer Use Only. Not for Use with Members of the Public.
Accumulator VUL Kansas City Life’s variable universal life products offer a wide range of investment choices managed by some of today’s top experts in money management. You and your clients may select up to 15 of the available investment choices. E merging M arkets
Templeton Developing Markets Securities Fund (Class 2)
N on-Style S p ecific
Invesco V.I. Technology Fund*** Calamos® Growth & Income Franklin Small-Mid Cap Growth Securities Fund (Class 2) MFS® Total Return Series MFS® Utilities Series Seligman Communications & Information Portfolio (Class 2)
I n ternational
American Century VP International Fund Templeton Foreign Securities Fund (Class 2)
G l obal Real E s tate (REITS)
Franklin Global Real Estate Securities Fund (Class 2)
S mall Cap
JPMorgan Insurance Trust Small Cap Core Portfolio Seligman Smaller-Cap Value Portfolio (Class 2) Dreyfus Opportunistic Small Cap Portfolio**
M id Cap
Growth
L a rge Cap Core Value H igh Yield Bonds
Seligman Capital Portfolio (Class 2) JPMorgan Insurance Trust Mid Cap Value Portfolio American Century VP Capital Appreciation Fund American Century VP Mid Cap Value Fund American Century VP Ultra® Fund Dreyfus Socially Responsible Growth Fund MFS® Growth Series Invesco V.I. Capital Appreciation Fund*** Federated Capital Appreciation Fund II* Invesco V.I. Core Equity Fund*** Fidelity VIP Contrafund Portfolio Dreyfus VIF Appreciation Portfolio Dreyfus Stock Index Fund JPMorgan Insurance Trust U.S. Equity Portfolio MFS® Research Series American Century VP Value Fund American Century VP Income & Growth Fund Federated High Income Bond Fund II
A ggregate B onds
MFS® Research Bond Series
T I Ps
American Century VP Inflation Protection Fund (Class II)
Cash
Federated Prime Money Fund II
MFS® Strategic Income Series1
Kansas City Life The Kansas City Life Fixed Account has not been analyzed by Ibbotson Associates, nor is it included in the variable product asset allocation models. Please see the variable product prospectus for details. Fixed Account
Target D ate Funds
Fidelity VIP Freedom Income Portfolio Fidelity VIP 2015 Portfolio Fidelity VIP 2025 Portfolio Fidelity VIP 2035 Portfolio Fidelity VIP 2045 Portfolio
Fidelity VIP 2010 Portfolio Fidelity VIP 2020 Portfolio Fidelity VIP 2030 Portfolio Fidelity VIP 2040 Portfolio Fidelity VIP 2050 Portfolio
*The Federated American Leaders Fund changed name to Federated Clover Value in May 2009. In February 2010 the fund will merge into the Federated Capital Appreciation Fund, which is classified in the Large Cap Core classification. **The Dreyfus Developing Leaders fund changed name to the Dreyfus Opportunistic Small Cap fund in February 2010. ***The AIM funds changed names to Invesco due to the merger.
Used with permission. © 2010 Ibbotson Associates, Inc. All rights reserved.
Type of policy Minimum specified amount
Individual, flexible premium variable universal life insurance contract $100,000 issue ages 0-49 $ 50,000 issue ages 50+
Additional Insurance Amount (AIA)
Not available
Risk classes
Preferred elite nontobacco Preferred nontobacco Standard nontobacco Preferred tobacco Standard tobacco
Policy maturity age
None
Death benefit options
Option A level death benefit. Specified Amount Option B varying death benefit. Specified amount plus contract value. Option C varying death benefit. Specified amount plus premiums paid.
Death benefit test
For issue ages 15-80, the policyholder must choose either Guideline Premium Test or Cash Value Accumulation Test (CVAT) at issue. For issue ages 0-14, policies are issued under CVAT.
Guaranteed minimum death benefit options
GMDB: Available only at issue as an optional rider. Guarantees specified amount to age 65. No charge. LGM: Available only at issue as an optional rider. Guarantees specified amount for insured’s lifetime. $0.01 per thousand monthly (current charge). $0.03 per thousand monthly (guaranteed charge). Both GMDB and LGM are subject to premium requirements and some exclusions.
Fixed Account guaranteed interest rate
3%
Contract value bonus
Paid monthly on the value in the variable subaccounts. For policies with a specified amount in excess of $500,000, 0.25% annually beginning in year 16. For policies with a specified amount in excess of $100,000, 0.25% annually beginning in year 21. For all policies, 0.40% annually beginning in year 16. Fixed Account is excluded. Bonuses are not guaranteed.
Premium processing charge
Not applicable
Premium expense charge
5%
Monthly expense charge
$10
Monthly per thousand of specified amount expense charge
Current: in years 1-5, varies by issue age, gender and risk class; in years 6+, $0.00. Guaranteed: in years 1-20, varies by issue age, gender and risk class; in years 21+, $0.00.
Mortality and expense risk charge (M&E)
Current and guaranteed: 0.90%
Surrender charge
15 years
Partial surrenders Partial surrender fee
Minimum: $500 Maximum: Cash surrender value less $300 Lesser of 2% of amount surrendered or $25
Transfer fees
Six free per contract year. $25 for each additional transfer.
Fixed Account transfer restriction
Limit one per contract year. May not exceed 25% of the unloaned value. Cash surrender value less interest to next contract anniversary. 5.0% (net 2.0%)
Policy loans Loan interest Preferred loan provision Optional riders Dollar cost averaging Automatic portfolio rebalancing
Beginning year 11, 0% net interest. Maximum amount is contract value less premiums paid. Not guaranteed. ADB, AI, ALI, CTI, DCOI, DPP, ELB, GMDB, LGM, LBR, MBR, OI, STI, TIR Monthly for 3-36 months. Minimum $250 transfer per month from the Federated Prime Money Fund II. Quarterly. Fixed Account excluded.
The guide contains summary information only. For detailed information, please see the product prospectuses. Products, rider and investment choices are subject to state availability.
For Broker-Dealer Use Only. Not for use with members of the public.
Accumulator VUL Kansas City Life’s variable universal life products offer a wide range of investment choices managed by some of today’s top experts in money management. You and your clients may select up to 15 of the available investment choices. E merging M arkets
Templeton Developing Markets Securities Fund (Class 2)
N on-Style S p ecific
Invesco V.I. Technology Fund*** Calamos® Growth & Income Franklin Small-Mid Cap Growth Securities Fund (Class 2) MFS® Total Return Series MFS® Utilities Series Seligman Communications & Information Portfolio (Class 2)
I n ternational
American Century VP International Fund Templeton Foreign Securities Fund (Class 2)
G l obal Real E s tate (REITS)
Franklin Global Real Estate Securities Fund (Class 2)
S mall Cap
JPMorgan Insurance Trust Small Cap Core Portfolio Seligman Smaller-Cap Value Portfolio (Class 2) Dreyfus Opportunistic Small Cap Portfolio**
M id Cap
Growth
L a rge Cap Core Value H igh Yield Bonds
Seligman Capital Portfolio (Class 2) JPMorgan Insurance Trust Mid Cap Value Portfolio American Century VP Capital Appreciation Fund American Century VP Mid Cap Value Fund American Century VP Ultra® Fund Dreyfus Socially Responsible Growth Fund MFS® Growth Series Invesco V.I. Capital Appreciation Fund*** Federated Capital Appreciation Fund II* Invesco V.I. Core Equity Fund*** Fidelity VIP Contrafund Portfolio Dreyfus VIF Appreciation Portfolio Dreyfus Stock Index Fund JPMorgan Insurance Trust U.S. Equity Portfolio MFS® Research Series American Century VP Value Fund American Century VP Income & Growth Fund Federated High Income Bond Fund II
A ggregate B onds
MFS® Research Bond Series
T I Ps
American Century VP Inflation Protection Fund (Class II)
Cash
Federated Prime Money Fund II
MFS® Strategic Income Series1
Kansas City Life The Kansas City Life Fixed Account has not been analyzed by Ibbotson Associates, nor is it included in the variable product asset allocation models. Please see the variable product prospectus for details. Fixed Account
Target D ate Funds
Fidelity VIP Freedom Income Portfolio Fidelity VIP 2015 Portfolio Fidelity VIP 2025 Portfolio Fidelity VIP 2035 Portfolio Fidelity VIP 2045 Portfolio
Fidelity VIP 2010 Portfolio Fidelity VIP 2020 Portfolio Fidelity VIP 2030 Portfolio Fidelity VIP 2040 Portfolio Fidelity VIP 2050 Portfolio
*The Federated American Leaders Fund changed name to Federated Clover Value in May 2009. In February 2010 the fund will merge into the Federated Capital Appreciation Fund, which is classified in the Large Cap Core classification. **The Dreyfus Developing Leaders fund changed name to the Dreyfus Opportunistic Small Cap fund in February 2010. ***The AIM funds changed names to Invesco due to the merger.
Used with permission. © 2010 Ibbotson Associates, Inc. All rights reserved.
Type of policy Minimum specified amount
Individual, flexible premium variable universal life insurance contract $100,000 issue ages 0-49 $ 50,000 issue ages 50+
Additional Insurance Amount (AIA)
Not available
Risk classes
Preferred elite nontobacco Preferred nontobacco Standard nontobacco Preferred tobacco Standard tobacco
Policy maturity age
None
Death benefit options
Option A level death benefit. Specified Amount Option B varying death benefit. Specified amount plus contract value. Option C varying death benefit. Specified amount plus premiums paid.
Death benefit test
For issue ages 15-80, the policyholder must choose either Guideline Premium Test or Cash Value Accumulation Test (CVAT) at issue. For issue ages 0-14, policies are issued under CVAT.
Guaranteed minimum death benefit options
GMDB: Available only at issue as an optional rider. Guarantees specified amount to age 65. No charge. LGM: Available only at issue as an optional rider. Guarantees specified amount for insured’s lifetime. $0.01 per thousand monthly (current charge). $0.03 per thousand monthly (guaranteed charge). Both GMDB and LGM are subject to premium requirements and some exclusions.
Fixed Account guaranteed interest rate
3%
Contract value bonus
Paid monthly on the value in the variable subaccounts. For policies with a specified amount in excess of $500,000, 0.25% annually beginning in year 16. For policies with a specified amount in excess of $100,000, 0.25% annually beginning in year 21. For all policies, 0.40% annually beginning in year 16. Fixed Account is excluded. Bonuses are not guaranteed.
Premium processing charge
Not applicable
Premium expense charge
5%
Monthly expense charge
$10
Monthly per thousand of specified amount expense charge
Current: in years 1-5, varies by issue age, gender and risk class; in years 6+, $0.00. Guaranteed: in years 1-20, varies by issue age, gender and risk class; in years 21+, $0.00.
Mortality and expense risk charge (M&E)
Current and guaranteed: 0.90%
Surrender charge
15 years
Partial surrenders Partial surrender fee
Minimum: $500 Maximum: Cash surrender value less $300 Lesser of 2% of amount surrendered or $25
Transfer fees
Six free per contract year. $25 for each additional transfer.
Fixed Account transfer restriction
Limit one per contract year. May not exceed 25% of the unloaned value. Cash surrender value less interest to next contract anniversary. 5.0% (net 2.0%)
Policy loans Loan interest Preferred loan provision Optional riders Dollar cost averaging Automatic portfolio rebalancing
Beginning year 11, 0% net interest. Maximum amount is contract value less premiums paid. Not guaranteed. ADB, AI, ALI, CTI, DCOI, DPP, ELB, GMDB, LGM, LBR, MBR, OI, STI, TIR Monthly for 3-36 months. Minimum $250 transfer per month from the Federated Prime Money Fund II. Quarterly. Fixed Account excluded.
The guide contains summary information only. For detailed information, please see the product prospectuses. Products, rider and investment choices are subject to state availability.
For Broker-Dealer Use Only. Not for use with members of the public.
Financial stability, based on a history of fiscal integrity, highlights Kansas City Life’s record of progress. In more than 115 years of business, Kansas City Life Insurance Company has seen the insurance and financial services world transform dramatically. We are prepared to see our policyholders through the challenges of the future.
Kansas City Life’s reputation is built on integrity, sound fiscal policies and honest business practices. To us, integrity is not an outdated notion in a fastpaced world. It is the guiding force behind every decision we make. Every policy we sell is backed by more than a century of quality service and financial stability.
Accumulator Variable Universal Life
Kansas City Life’s Century II Variable Products are distributed by Sunset Financial Services Inc., Member FINRA and SIPC, a wholly owned subsidiary of Kansas City Life Insurance Company.
Variable Product Series Building your future with a secure partner
Kansas City Life Insurance Company 5586
www.kclife.com
5.10m
For Broker-Dealer Use Only. Not for Use with Members of the Public.