Kansas City Life Insurance vs F&G (Fidelity & Guaranty Life)
Comprehensive side-by-side comparison of indexed universal life insurance companies
Kansas City Life Insurance
Founded: 1895
Kansas City, Missouri
Assets
$4 billion
IUL Experience
10+ years
Products
2
Avg Cap Rate
9%
Key Strengths
Offers IUL products
0% guaranteed floor
Multiple index options (S&P 500, Nasdaq 100, DJIA, Russell 2000)
125+ years
F&G (Fidelity & Guaranty Life)
Founded: 1959
Des Moines, Iowa
Assets
$40 billion
IUL Experience
10+ years
Products
2
Avg Cap Rate
9.5%
Key Strengths
LIMRA Q2 2024: Top IUL provider ranking
Competitive historical performance
Quick policy delivery
Juvenile IUL specialty (15 days to 17 years)
Living benefits: accelerated death benefits
Detailed Feature Comparison
| Feature | Kansas City Life Insurance | F&G (Fidelity & Guaranty Life) |
|---|---|---|
| Founded | 1895 | 1959 |
| Headquarters | Kansas City, Missouri | Des Moines, Iowa |
| Assets Under Management | $4 billion | $40 billion |
| Years in IUL Business | 10+ years | 10+ years |
| Number of IUL Products | 2 | 2 |
| Typical Cap Rate Range | 8% - 10% | 8% - 11% |
| Participation Rates | 110% | 115% |
| Minimum Premium | $5,000 annual | $3,600 annual |
| Issue Ages | 0-85 years | 15 days to 85 years |
| Underwriting Speed | 3-4 weeks | Some immediate delivery or within 24 hours |