Kansas City Life insurance ‘systematically overcharged’ customers, lawsuit claims

[Northeast Agent]

Kansas City Life insurance ‘systematically overcharged’ customers, lawsuit claims

The lawsuit, filed in the Western District of Missouri, claimed thousands of customers across the country have likely been affected by the alleged breach of contract. It could leave policy owners without life insurance “when it is needed the most,” the firm alleged in a statement.

 

[Newby]

Kansas City Life insurance ‘systematically overcharged’ customers, lawsuit claims

The lawsuit, filed in the Western District of Missouri, claimed thousands of customers across the country have likely been affected by the alleged breach of contract. It could leave policy owners without life insurance “when it is needed the most,” the firm alleged in a statement.

Kansas City Life is Old American aren’t they?

 

[goillini52]

Kansas City Life is Old American aren’t they?

No.

Owned by, but a seperate company. Haven't heard anything about OA for a while.

Is Old American Insurance A Good Company?

 

[Newby]

No.

Owned by, but a seperate company. Haven't heard anything about OA for a while.

Is Old American Insurance A Good Company?

I was right. They bought Old American in the 1990's. They market pretty heavily in the mid-west under that brand. Also bought Grange last year.

About Us - History

 

[goillini52]

I was right.

 

[DHK]

Not enough info in the article, such as the amount of death benefit for that $60,000 in premiums leaving a $500 cash value.

Either fund the box or pay the curve.

 

[Life Hawk]

Not enough info in the article, such as the amount of death benefit for that $60,000 in premiums leaving a $500 cash value.

Either fund the box or pay the curve.

I want that office chair. Looks like a throne.

 

[DHK]

 

[Life Hawk]

That look is what I'm looking for too... it goes with the chair.

 

[goillini52]

That look is what I'm looking for too... it goes with the chair.

You just want the hair....admit it.