Kansas City Life Insurance Company
|Traded as||NASDAQ: KCLI|
|Industry||Insurance & Finance|
|Headquarters||Kansas City, Missouri, US|
|R. Philip Bixby, President & CEO|
Number of employees
Kansas City Life Insurance Company is a public insurance company established in 1895 and located in Kansas City, Missouri. The company's 1,400 agents market individual life, annuity and group products through agencies located in 48 US states and the District of Columbia. Variable life, variable annuities, mutual funds and other investment options are offered through a subsidiary, Sunset Financial Services.
The Kansas City Life Group of Companies:
- Kansas City Life Insurance Company
- Old American Insurance Company
- Sunset Life Insurance Company of America
- Sunset Financial Services Inc.
Kansas City Life Insurance Company was established in 1895 in Kansas City, Mo. It offered term, Universal, whole life and other retirement products.
Originally chartered as Bankers Life Association on May 1, 1895, the Company was founded by Major William Warner, President; J.H. North, Vice President; and S.E. Rumble, Secretary. Rumble conceived the idea of forming a life insurance company in the "heart of America." At the time, Kansas City was known as the Athens of the West and was the second largest city in the western half of the United States; only San Francisco was larger.
The Kansas City Life Insurance Company name was adopted in 1900. The Company began issuing policies in small amounts from an office in the Scheidley Building, located at Ninth and Main Streets in Kansas City, Mo.
In 1897, the Company moved to the Navajo Building, then the Rialto Building, where it remained until 1924 when the Company moved to its present location. The Home Office sits on approximately five acres of land purchased for $200,000. Built for $1 million, the building was dedicated on Aug. 1, 1924.
Company rating and legal issues
According to A.M. Best, "A (Excellent) is assigned to companies which, in our opinion, have demonstrated excellent overall performance when compared to the standards established by A.M. Best Company. Kansas City Life has not been rated by other major rating agencies such as S&P or Moody's.
- 2000 Valentine neighborhood FOCUS Report
- The Little Ambassadors
- KC Life Proposes Demolition
- Historian Calls Valentine a Neighborhood of Interesting Houses, Interesting People
- About KC Life Insurance
- 2008 Annual Report Link
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