Kansas City Life Insurance Profile
Kansas City Life Insurance Company operates as a stock life insurance company.
The company, together with its subsidiaries, is licensed to sell insurance products in 49 states and the District of Columbia. The company offers a diversified portfolio of individual insurance, annuity, and group life and health products through its four life insurance companies.
Kansas City Life Insurance Company (Kansas City Life) is the parent company. Sunset Life Insurance Company of America (Sunset Life), Old American Insurance Company (Old American), and Grange Life Insurance Company (Grange Life) are wholly-owned insurance subsidiaries. The company also has non-insurance subsidiaries.
Segments
The company operates through three segments: Individual Insurance, Group Insurance, and Old American.
The Individual Insurance segment consists of individual insurance products for Kansas City Life, Sunset Life, Grange Life, and the assumed reinsurance transactions.
The Group Insurance segment consists of sales of group life, dental, vision, disability, accident, and critical illness products.
The Old American segment consists of individual insurance products designed largely as final expense products.
History
Kansas City Life Insurance Company was founded in 1895. The company was incorporated under the assessment laws of Missouri in 1895.
