Kansas City Life Insurance vs Transamerica Life Insurance Company
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
Transamerica Life Insurance Company
Founded: 1904
Cedar Rapids, Iowa
Assets
$223 billion in premiums in force; $29.5 billion AUM
IUL Experience
20+ years
Products
2
Avg Cap Rate
12.00%
Key Strengths
High cap rates (12% on flagship product)
Uncapped options with high participation rates
Superior living benefits offerings
12.5 million insurance policies in force
Over 120 years of history
Detailed Feature Comparison
| Feature | Kansas City Life Insurance | Transamerica Life Insurance Company |
|---|---|---|
| Founded | 1895 | 1904 |
| Headquarters | Kansas City, Missouri | Cedar Rapids, Iowa |
| Assets Under Management | $4 billion | $223 billion in premiums in force; $29.5 billion AUM |
| Years in IUL Business | 10+ years | 20+ years |
| Number of IUL Products | 2 | 2 |
| Typical Cap Rate Range | 8% - 10% | 9.50% - 14.00% |
| Participation Rates | 110% | 150% |
| Minimum Premium | $5,000 annual | $3,600 annual |
| Issue Ages | 0-85 years | 0-85 years |
| Underwriting Speed | 3-4 weeks | 2-4 weeks standard |