Kansas City Life Insurance vs Minnesota Life Insurance (Securian)
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
Minnesota Life Insurance (Securian)
Founded: 1880
St. Paul, Minnesota
Assets
$5.5 billion+ assets
IUL Experience
10+ years
Products
3
Avg Cap Rate
9%
Key Strengths
Same as Securian (#15)
Eclipse Accumulator II IUL, Eclipse Protector II, Orion IUL
145 years operating
Detailed Feature Comparison
| Feature | Kansas City Life Insurance | Minnesota Life Insurance (Securian) |
|---|---|---|
| Founded | 1895 | 1880 |
| Headquarters | Kansas City, Missouri | St. Paul, Minnesota |
| Assets Under Management | $4 billion | $5.5 billion+ assets |
| Years in IUL Business | 10+ years | 10+ years |
| Number of IUL Products | 2 | 3 |
| Typical Cap Rate Range | 8% - 10% | 8% - 10% |
| Participation Rates | 110% | 120% |
| Minimum Premium | $5,000 annual | $5,000 annual |
| Issue Ages | 0-85 years | 0-85 years |
| Underwriting Speed | 3-4 weeks | 2-4 weeks |