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Wednesday, January 23, 2019

New Term and 20-Pay Whole Life Products

Kansas City Life has introduced 2 new term series to replace the Level Term, Level Advantage Term, and ChoiceTerm series.  The Level Term series will become the Signature Term series, which will offer 10, 15, 20, 25, and 30 year term options with a minimum specified amount of $100,000.  The Level Advantage Term and ChoiceTerm series will be consolidated down into the Choice Advantage series.  This new series will combine the variety of term periods the Level Advantage offered, plus a 25 year term, as well as the premium discount for higher bands that the ChoiceTerm offered with a minimum specified amount of $250,000.

Kansas City Life also has another new product addition with a 20-pay whole life product, Value Certain 20.  This product will be very similar to the already offered Value Assured whole life product with the difference being that the premium will only be paid for 20 years.  The plan will be guaranteed to age 120 where the cash value will be equal to the death benefit.

This is an exciting time to be selling Kansas City Life products with more revisions coming in the future! The Consumer Brochure and Fact Sheet for the Signature Term, Choice Advantage Term, and Value Certain 20 can be found in the Product Portfolio.  Head over to the Quick Quoter and begin quoting these new products for your very lucky clients!

Happy Selling!

Illustration Development Team
illustrationhelp@kclife.com
1-800-572-2467 x8162