Benefits

The Kansas City Life Group of Companies* recognizes that its people are the primary reason for the continuing success, and these people will always be fairly compensated and advanced for their contributions to the Group of Companies success.

The Group of Companies offers an excellent benefits package. The primary benefits include:

Other highlights of the Kansas City Life Insurance Group of Companies benefits package include:

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  Medical/Dental Insurance

  The Group of Companies provides basic medical and dental insurance to all full-time Associates. Associates are required to contribute toward the individual premium amount. Family coverage is also available for Associates to purchase at reasonable group rates.

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  Prescription Drug Plan

  In conjunction with the basic medical coverage, the Company offers a prescription benefit including retail pharmacies and/or a mail order program.

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  Flexible Spending Account

  The Company allows all full-time Associates the opportunity to pay company-sponsored medical and dental premiums, out-of-pocket medical and dental expenses, and child care expenses with pre-tax earnings. Certain limitations and restrictions apply.

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  Disability Plan

  The disability plan is designed to provide a disability income to those Associates who have become totally disabled because of sickness or injury. After a 30 day waiting period, the Plan will provide disability income payments equal to 66 2/3 percent of the Associate’s base salary less Social Security and/or Workers Compensation benefits. This is a noncontributory plan with the Company paying the full cost. This leave runs concurrently with Family and Medical Leave. Certain restrictions and limitations apply.

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  Savings and Profit Sharing Plan

  The purpose of this plan is to recognize the contributions of eligible Associates to the successful operation of the Group of Companies and to reward such contributions by providing certain savings and profit sharing benefits for participants on a pre-tax basis. Associates who are 21 years of age may participate in the plan in accordance with IRS regulations. Participants are eligible for a company matching contribution after one year of employment. Matching contributions become fully vested after six completed years of service.

  
  

  Additionally, the Company may contribute Profit Sharing to an Associate’s savings and profit sharing account, up to 4% of an Associate’s annual base salary, based on corporate financial results determined at the end of the each year.

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  Cafeteria

  The Company provides an on-site cafeteria for all Associates where employees may purchase a variety of lunches at Company subsidized prices.

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  Tuition Reimbursement Program

  The Company provides educational assistance to all full-time Associates actively employed at the time of both registration and completion of the course and subject to specific criteria and limitations.

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  Employee Assistance Program

  The Employee Assistance Program is a confidential, short-term counseling and referral service staffed by highly trained professional counselors based at St. Luke’s Hospital of Kansas City. There is no cost for short term counseling as this benefit is Company provided.

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  Group Term Life Insurance

  The Group Term Life Insurance Plan is designed to provide an Associate’s dependents with a measure of financial security in the event of an Associate’s death. This is a term insurance program that covers an Associate during employment. All full-time Associates under the age of 65 are eligible for this benefit. Certain benefit reductions apply at age 65, 70, and 75.

  
  

  The amount of the benefit is equal to 2.5 times an Associate’s annual base salary and automatically increases as the salary rate increases. In addition to the Company provided insurance, an Associate may elect to purchase an additional amount of Group Term Insurance. Certain restrictions apply.

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  Voluntary Accidental Death and Dismemberment

  All full-time Associates under age 70 and their families are offered the opportunity to voluntarily purchase AD&D insurance through the Company. Certain restrictions apply.

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  Business Travel Accident Insurance

  The Business Travel Accident Insurance Plan, a limited death benefit, is an insurance plan designed to provide accidental death and dismemberment insurance for Associates and spouses while traveling on Company business. All full-time Associates, under age 70, are covered by this plan. Certain restrictions apply.