K a n s a s C i t y L i f e I n s u r a n c e C o m pa n y
L-95 Providing security for your loved ones with traditional whole life insurance coverage
Simplicity sometimes gets lost in today’s world. We forget there was a time when only one kind of milk was available and it was delivered to your doorstep or only one movie played at the local theater. While modern life offers us an extraordinary variety of choices, often too many options can be overwhelming. Sometimes, the simplest course is the best. Kansas City Life Insurance Company’s L-95 takes you back to the basics of whole life insurance coverage. It provides an affordable way to secure your family’s future and offers the types of guarantees whole life insurance has traditionally been built on.
L-95 guarantees for life
n Guaranteed cash surrender value
n Guaranteed level premium
n Guaranteed death benefit
What does the L-95 Whole Life policy offer me? Guaranteed values The L-95 builds tax-deferred, cash surrender values at a guaranteed interest rate of 5 percent. Plus, if an unexpected financial need arises, you have access to the cash surrender values through a policy loan.
Predictability Premiums are guaranteed to remain level and will never change over the life of the policy. You always know precisely what amount is due on the premium payment date. Premiums are guaranteed to provide the death benefit and the cash surrender value you expect, based on the date of issue for your policy.
Valuable options The L-95 offers a variety of options that let you build the kind of plan you need without sacrificing the basic guarantees of the policy. Unlike many plans, the L-95 gives you the option to prepay as many annual premiums as you choose. This can be an important feature in budgeting for the future. You may opt for either a paid-up policy or an extended term life contract once cash surrender values are attained. Both plans allow you to maintain protection, yet eliminate future premium payments. You can also enhance your coverage by adding one or more riders or options available with the L-95 policy: ■ Waiver of Premium – in the event of the
insured’s future total disability
■ Purchaser Waiver of Premium – in the
event of the owner’s future total disability
■ Accidental Death Benefit – pays an
added benefit if death results from an accident
■ Assured Insurability – allows for
increasing coverage at specified future dates
■ Income Assured Option – helps
maximize the death benefit payout amount
■ Spouse’s Term Insurance – provides
decreasing term life coverage on a spouse
■ Children’s Term Insurance – provides
level term life coverage on eligible children
Ease of issue The L-95 Whole Life policy is available to persons age 0 to 80. There are two coverage rate classes: tobacco user and non-tobacco user. The minimum coverage is $5,000*. A medical examination is not required for coverage of less than $50,000, unless an applicant’s answers to a health questionnaire warrant such an exam. Normal underwriting guidelines apply for coverage of $50,000 or more.
*In the state of Washington, a minimum issue amount of $25,000 is required for Non-Tobacco males over age 67; Non-Tobacco females over age 69; Tobacco males over age 59, and Tobacco females over age 66.
Is Kansas City Life’s L-95 Whole Life policy right for you? If you agree with any of the statements below, the L-95 may be a perfect fit for you: ■ I don't want to worry about changing
interest rates affecting my cash value.
■ I don’t want to worry about increasing
premiums.
■ I want guaranteed access to cash surrender
values.1
■ I want the peace of mind offered by a
guaranteed death benefit.
1 Access to cash surrender values is available through one or more policy loans. Outstanding loans will reduce a policy’s cash surrender value and death benefit. The interest rate on policy loans is 8 percent.
Ask your Kansas City Life representative for a quote on this valuable coverage.
A Company you can count on A promise of financial strength is only as good as the company that makes it. When Kansas City Life makes a promise, we stand behind it. Since 1895, we have assisted policyholders through world wars, the Great Depression and various periods of recession and inflation. Kansas City Life’s reputation is built on integrity, sound investment strategies and honest business practices. To us, integrity is not an outdated notion in today’s fast-paced world. It is the guiding force behind every decision we make. Every product we sell is backed by more than a century of quality services and financial security.
The coverage described in this brochure is for the L-95 Whole Life insurance issued by Kansas City Life Insurance Company (Home Office: Kansas City, Mo.). Policy form J167; rider forms R100 (WP), R110 (PWP), R102 (ADB), R111 (AI), M652 (IAO), R210 (STI) and R207 (CTI). Form numbers may differ by state.
Security Assured.
3520 Broadway Kansas City, MO 64111 816-753-7000 www.kclife.com
9060
2.12m