Kansas City Life Insurance Co (Kansas City Life Insurance Co) Future Policy Benefits : $1,475.1 Mil (As of Dec. 2023)

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What is Kansas City Life Insurance Co Future Policy Benefits?

Future Policy Benefits represents an insurance entity's net liability for future benefits (for example, death, cash surrender value) to be paid to or on behalf of policyholders, where the accounting policy describes the bases, methodologies and components of the reserve, and assumptions regarding estimates of expected investment yields, mortality, morbidity, terminations and expenses.

Kansas City Life Insurance Co's quarterly future policy benefits declined from Jun. 2023 ($1,461.8 Mil) to Sep. 2023 ($1,460.5 Mil) but then increased from Sep. 2023 ($1,460.5 Mil) to Dec. 2023 ($1,475.1 Mil).

Kansas City Life Insurance Co's annual future policy benefits declined from Dec. 2021 ($1,466.9 Mil) to Dec. 2022 ($1,445.9 Mil) but then increased from Dec. 2022 ($1,445.9 Mil) to Dec. 2023 ($1,475.1 Mil).

Kansas City Life Insurance Co Future Policy Benefits Historical Data

The historical data trend for Kansas City Life Insurance Co's Future Policy Benefits can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Kansas City Life Insurance Co Future Policy Benefits Chart

Kansas City Life Insurance Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Future Policy Benefits

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1,387.21

1,455.02

1,466.90

1,445.90

1,475.05

Kansas City Life Insurance Co Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Future Policy Benefits	Get a 7-Day Free Trial															1,445.90	1,471.00	1,461.78	1,460.47	1,475.05

Kansas City Life Insurance Co Future Policy Benefits Calculation

Future Policy Benefits

Kansas City Life Insurance Co (Kansas City Life Insurance Co) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » Kansas City Life Insurance Co (OTCPK:KCLI) » Definitions » Future Policy Benefits

Comparable Companies

Traded in Other Exchanges

N/A

Address

3520 Broadway, Kansas, MO, USA, 64111-2565

Website

http://www.kclife.com

Kansas City Life Insurance Co is a Missouri-domiciled insurance company providing individual life, annuity, and group products through general agencies located throughout the United States. The company operates its business in three segments; The Individual Insurance segment consists of individual insurance products for Kansas City 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, and The Old American segment consists of individual insurance products designed largely as final expense products, out of which the Individual insurance segment derives the maximum revenue.