132:
66:
25:
411:
In May 2020, the
Missouri Federal Court found that Kansas City Life Insurance Company (“KC Life”) wrongfully rejected a certified nurse anaesthetist's claims for both short-term disability (STD) and long-term disability (LTD) benefits. KC Life rejected the claim because the insured was fired from his
403:
In June 2019, two firms filed a class-action lawsuit against Kansas City Life
Insurance alleging the company “systematically overcharged” customers without permission. “The policies may become unaffordable, leaving policy owners without life insurance when it is needed most,” the firms said in a
407:
In
November 2019, a Kansas City Life Co. client filed a class-action lawsuit accusing the life insurance provider of charging fees in excess of the limits outlined in its contract on 01 of October 2018. Plaintiff J. Gregory Sheldon bought a Flexible Premium Variable Life Insurance Contract
427:
The class action, Sheldon v. Kansas City Life
Insurance Company, was brought on behalf of current and former policy owners of Century II Variable Universal Life issued in the state of Missouri. It alleged that the insurer overcharged policyholders for their life insurance in three ways.
434:“Three courts have found that Kansas City Life has breached its policies and three juries have awarded damages of over $ 35 million,” Patrick Stueve, lead trial counsel for the policyholders. “We are preparing for our fourth trial which will likely be in mid-2024.”
214:
376:, President; J.H. North, Vice President; and S.E. Rumble, Secretary. Its headquarters were originally located in the Scheidley Building at Ninth and Main Street and later moved to the Navajo Building as the company expanded to
518:
468:
543:
493:
423:
Following a one-week trial, the jury awarded all damages sought for three separate breaches of the policy totaling $ 9.5 million. The judgment will be for $ 4.1 million to account for duplicative damages.
419:
On
Thursday September 21, 2023, a Jackson County, Missouri jury returned a verdict in favor of a class of 535 Kansas City Life Insurance Company policyholdersafter less than three hours of deliberations.
677:
667:
408:
Nonparticipating policy from Kansas City Life in
December 2000. In addition to a death benefit, the policy provides an interest-bearing component that accumulates value over time.
38:
400:
in 2018, Stueve Siegel Hanson LLP and Miller
Schirger, LLC filed lawsuit against Kansas City Life Insurance Co, alleging the company “systematically overcharged” clients.
662:
682:
672:
451:
687:
44:
594:
373:
618:
193:
175:
153:
113:
52:
356:. The company's 1,400 agents market individual life, annuity, and group products through agencies located in 48 US states and the
95:
76:
619:"Court Rules Kansas City Life Insurance Company Wrongly Denied Short- and Long-Term Disability Benefits to Nurse Anesthetist"
310:
146:
140:
91:
384:. In 1900, the company changed its name from Bankers Life Association to Kansas City Life Insurance Company.
314:
157:
353:
296:
431:
The substantial verdict follows verdicts in favor of policyholders in May 2023 and in
December 2022.
357:
569:
241:
364:, and other investment options are offered through a subsidiary, Sunset Financial Services.
224:
87:
656:
232:
570:"Kansas City Life insurance 'systematically overcharged' customers, lawsuit claims"
372:
Beginning as
Bankers Life Association in 1895, the company was founded by Major
361:
397:
393:
245:
381:
264:
213:
413:
377:
268:
457:. Missouri Department of Commerce & Insurance. December 18, 2020.
250:
392:
In June 2019, after obtaining a judgment of $ 34 million for suing
352:
is a public insurance company established in 1895 and located in
125:
59:
18:
647:
336:
595:"Class-action suit: KC Life overcharged on policy fees"
83:
94:, and by adding encyclopedic content written from a
331:
321:
303:
292:
274:
260:
230:
220:
678:Financial services companies established in 1895
668:Life insurance companies of the United States
8:
206:
53:Learn how and when to remove these messages
205:
194:Learn how and when to remove this message
176:Learn how and when to remove this message
114:Learn how and when to remove this message
663:Companies based in Kansas City, Missouri
139:This article includes a list of general
683:Companies formerly listed on the Nasdaq
443:
673:American companies established in 1895
75:contains content that is written like
360:. Variable life, variable annuities,
7:
412:job because he was, "so addicted to
416:that he injects himself at work."
350:Kansas City Life Insurance Company
207:Kansas City Life Insurance Company
145:it lacks sufficient corresponding
14:
469:"A Kansas City Insurance Company"
34:This article has multiple issues.
212:
130:
64:
23:
688:1895 establishments in Missouri
42:or discuss these issues on the
568:Nozicka, Luke (19 June 2019).
1:
500:. January 15, 1897. p. 9
280:; 129 years ago
550:. April 26, 1900. p. 2
475:. April 24, 1895. p. 2
452:"Exam Report KC Life Final"
704:
557:– via Newsbank.com.
532:– via Newsbank.com.
525:. May 9, 1897. p. 17
507:– via Newsbank.com.
482:– via Newsbank.com.
211:
16:Public insurance company
160:more precise citations.
544:"Company Changes Name"
354:Kansas City, Missouri
297:Kansas City, Missouri
96:neutral point of view
574:The Kansas City Star
519:"Business Personals"
404:joint news release.
358:District of Columbia
599:www.bizjournals.com
323:Number of employees
208:
88:promotional content
90:and inappropriate
548:Kansas City Times
347:
346:
309:R. Philip Bixby (
204:
203:
196:
186:
185:
178:
124:
123:
116:
57:
695:
635:
634:
632:
630:
615:
609:
608:
606:
605:
591:
585:
584:
582:
580:
565:
559:
558:
556:
555:
540:
534:
533:
531:
530:
523:Kansas City Star
515:
509:
508:
506:
505:
498:Kansas City Star
490:
484:
483:
481:
480:
473:Kansas City Star
465:
459:
458:
456:
448:
343:
340:
338:
288:
286:
281:
216:
209:
199:
192:
181:
174:
170:
167:
161:
156:this article by
147:inline citations
134:
133:
126:
119:
112:
108:
105:
99:
77:an advertisement
68:
67:
60:
49:
27:
26:
19:
703:
702:
698:
697:
696:
694:
693:
692:
653:
652:
648:Company website
644:
639:
638:
628:
626:
617:
616:
612:
603:
601:
593:
592:
588:
578:
576:
567:
566:
562:
553:
551:
542:
541:
537:
528:
526:
517:
516:
512:
503:
501:
492:
491:
487:
478:
476:
467:
466:
462:
454:
450:
449:
445:
440:
390:
370:
335:
324:
306:
284:
282:
279:
256:
235:
200:
189:
188:
187:
182:
171:
165:
162:
152:Please help to
151:
135:
131:
120:
109:
103:
100:
81:
69:
65:
28:
24:
17:
12:
11:
5:
701:
699:
691:
690:
685:
680:
675:
670:
665:
655:
654:
651:
650:
643:
642:External links
640:
637:
636:
623:Abdou Law Firm
610:
586:
560:
535:
510:
485:
460:
442:
441:
439:
436:
389:
386:
374:William Warner
369:
366:
345:
344:
333:
329:
328:
325:
322:
319:
318:
307:
304:
301:
300:
294:
290:
289:
276:
272:
271:
262:
258:
257:
255:
254:
248:
238:
236:
231:
228:
227:
222:
218:
217:
202:
201:
184:
183:
138:
136:
129:
122:
121:
104:September 2022
92:external links
72:
70:
63:
58:
32:
31:
29:
22:
15:
13:
10:
9:
6:
4:
3:
2:
700:
689:
686:
684:
681:
679:
676:
674:
671:
669:
666:
664:
661:
660:
658:
649:
646:
645:
641:
624:
620:
614:
611:
600:
596:
590:
587:
575:
571:
564:
561:
549:
545:
539:
536:
524:
520:
514:
511:
499:
495:
494:"Help Wanted"
489:
486:
474:
470:
464:
461:
453:
447:
444:
437:
435:
432:
429:
425:
421:
417:
415:
409:
405:
401:
399:
395:
387:
385:
383:
379:
375:
367:
365:
363:
359:
355:
351:
342:
334:
330:
326:
320:
316:
312:
308:
302:
298:
295:
291:
277:
273:
270:
266:
263:
259:
252:
249:
247:
243:
240:
239:
237:
234:
229:
226:
223:
219:
215:
210:
198:
195:
180:
177:
169:
166:November 2019
159:
155:
149:
148:
142:
137:
128:
127:
118:
115:
107:
97:
93:
89:
85:
79:
78:
73:This article
71:
62:
61:
56:
54:
47:
46:
41:
40:
35:
30:
21:
20:
627:. Retrieved
622:
613:
602:. Retrieved
598:
589:
577:. Retrieved
573:
563:
552:. Retrieved
547:
538:
527:. Retrieved
522:
513:
502:. Retrieved
497:
488:
477:. Retrieved
472:
463:
446:
433:
430:
426:
422:
418:
410:
406:
402:
391:
371:
362:mutual funds
349:
348:
293:Headquarters
221:Company type
190:
172:
163:
144:
110:
101:
86:by removing
82:Please help
74:
50:
43:
37:
36:Please help
33:
398:overcharges
253:: KCLI
158:introducing
657:Categories
625:. May 2020
604:2020-03-14
554:2023-07-24
529:2023-07-24
504:2023-07-24
479:2023-07-24
438:References
394:State Farm
388:Litigation
305:Key people
141:references
84:improve it
39:improve it
382:Minnesota
311:president
265:Insurance
233:Traded as
45:talk page
414:Fentanyl
378:Colorado
261:Industry
629:30 July
579:30 July
368:History
339:.kclife
332:Website
283: (
275:Founded
269:Finance
244::
154:improve
313:&
299:, U.S.
267:&
251:Nasdaq
225:Public
143:, but
455:(PDF)
242:OTCQX
631:2023
581:2023
396:for
380:and
341:.com
285:1895
278:1895
246:KCLI
337:www
327:500
315:CEO
659::
621:.
597:.
572:.
546:.
521:.
496:.
471:.
48:.
633:.
607:.
583:.
317:)
287:)
197:)
191:(
179:)
173:(
168:)
164:(
150:.
117:)
111:(
106:)
102:(
98:.
80:.
55:)
51:(
Text is available under the Creative Commons Attribution-ShareAlike License. Additional terms may apply.
