Kansas City Life Insurance $40M Class Action Settlement
If you owned — or previously owned — a Kansas City Life Insurance Co. flexible premium adjustable life policy that was in force on or after Jan. 1, 2002, you could automatically receive a cash payment from a $40 million class action settlement. Payments will be distributed pro rata from the net settlement fund. Read on for eligibility, key dates and how to make sure you get your money.
Download Claim Form (PDF)Who qualifies for the Kansas City Life settlement?
The settlement class covers approximately 88,000 Kansas City Life Insurance Co. (KCL) policyholders and estates that owned one of the following flexible premium adjustable life products active on or after Jan. 1, 2002:
- Better Life Plan (standard & Qualified)
- LifeTrack, AGP, MGP, PGP, Chapter One, Classic, Century II (except Missouri issues)
- Rightrack (89), Performer (88 & 91), Prime Performer
- Competitor (88 & 91), Executive (88 & 91), Executive II, Competitor II
- Protector 50, LewerMax, Ultra 20 (93 & 96), Performer II
Settlement benefits
Every eligible class member will receive a cash payment based on the total cost-of-insurance (COI) charges taken from their policy, divided pro rata across the net $40 million fund after:
- Up to $13.33 million in attorneys’ fees
- Up to $1.175 million in litigation expenses
- Service awards up to $25,000 each for four lead plaintiffs
- Administrative costs for notice and distribution
How and when will I get paid?
- No claim form required. Checks will be mailed automatically to the address on file with KCL.
- Payout timing: About 60 days after the court grants final approval.
- Update your address: Contact the settlement administrator at kclcoisettlement.com or call 855-493-7460.
Key dates
- Exclusion (opt-out) deadline: Oct. 27, 2025
- Final Fairness Hearing: Dec. 12, 2025
Why is there a settlement?
Plaintiffs alleged that KCL deducted COI charges in ways that violated policy terms, including:
- Using non-mortality factors not authorized by the contract
- Failing to reduce COI rates when mortality expectations improved
- Embedding expense loads in COI rates instead of listing them separately
KCL denies wrongdoing but agreed to settle to avoid further litigation risk.
Frequently Asked Questions
Do I need to submit a claim for the Kansas City Life Insurance $40M Class Action Settlement?
No. Eligible policyholders will automatically receive a check; no claim form is necessary.
How is my payment calculated?
Your share equals the COI charges paid on your policy divided by the total COI charges paid by all class members, multiplied by the net settlement fund.
Can I exclude myself from the settlement?
Yes. You must mail a written request for exclusion so it is postmarked by Oct. 27, 2025. Details are in the official class notice.
When will the court decide whether to approve the settlement?
The final approval (fairness) hearing is scheduled for Dec. 12, 2025 in U.S. District Court, Western District of Missouri.
Who is the settlement administrator?
Analytics Consulting is handling notice and distribution. Address: KCL COI Settlement, P.O. Box 2010, Chanhassen, MN 55317-2010.
Need help?
Visit the official settlement website or contact the administrator at 855-493-7460 or kclcoisettlement@noticeadministrator.com.