FlexWealth Advantage

Transcription

1 KANSAS CITY LIFE INSURANCE COMPANY FlexWealth Advantage Universal Life Protection with flexibility

2 Flexibility for life s changing demands Life insurance is usually purchased for the protection provided to loved ones. However, permanent life insurance, like universal life, offers another worthwhile feature the ability to accumulate taxdeferred cash value. Over the long term, the tax-deferral feature can lead to a cash value accumulation, which is often used to help fund a financially secure retirement. With Kansas City Life Insurance Company s FlexWealth Advantage Universal Life (UL), you gain access to the policy s accumulated value for supplementing retirement income or for needs that can arise any time such as updating your home or purchasing a car.

3 Life insurance with agility With Kansas City Life s FlexWealth Advantage UL, you get the protection of permanent life insurance with the adaptability you need to handle your life s changing demands in a number of ways. Set your premium payment amount, schedule and death benefit based on your objectives. Your coverage amount can be responsive to your needs, and policy riders let you further customize for different purposes including the ability to pay expenses associated with a terminal illness or nursing home confinement.

4 Build accumulated value A FlexWealth Advantage UL policy accumulates cash value that you can use like any money you might normally borrow from a bank or lender. The accumulated value is the sum of your premium payments, net any policy charges plus the interest credited to your policy. And this value grows on a tax-deferred basis. Each month, your policy s accumulated value earns interest. The rate of interest can change but is guaranteed to never fall below an annual rate of 3 percent. How FlexWealth Advantage UL works Pay premiums Loan repayments are deducted and the remaining amount is applied to the accumulated value Monthly deduction is taken from the accumulated value Interest is credited to the accumulated value At death, the beneficiary receives the death benefit minus any outstanding policy loans Death benefit is received tax-free

5 Accessing your money Instead of paying interest to a bank or lender for purchases such as a new car, home repairs or even vacations, you can borrow money from yourself with FlexWealth Advantage UL. You can loan yourself taxadvantaged money from your policy s cash surrender value and in turn pay yourself back with interest. Loans will reduce the policy cash surrender value and death benefit. In most cases, loans are free from current federal taxation. You can loan yourself tax-advantaged money... and in turn pay yourself back with interest.

6 Is Kansas City Life s FlexWealth Advantage UL policy right for you? If you are looking for an affordable, flexible way to secure your financial future while managing current needs, the FlexWealth Advantage UL may be a perfect fit for you. Kansas City Life s FlexWealth Advantage provides you with the ability to build cash value and then access that accumulated value when you need it.

7 Act now to protect your loved ones There s no better time than right now to protect your loved ones. Your Kansas City Life representative can help ensure your family s future financial security and determine the best plan for accomplishing your goals.

8 We ll be with you We re Kansas City Life When Kansas City Life Insurance Company makes a promise, we stand behind it. Since 1895, we have assisted policyholders through world wars, the Great Depression and various periods of recession and inflation. Kansas City Life s reputation is built on integrity, sound investment strategies and honest business practices. To us, integrity is not an outdated notion in today s fast-paced world. It is the guiding force behind every decision we make. Every product we sell is backed by more than 120 years of quality service and financial security. The coverage described is for the FlexWealth Advantage Universal Life, a product of Kansas City Life Insurance Company (Home Office: Kansas City, Mo.). Policy form J173 or J174. Form numbers may differ by state. Security Assured. SM 3520 Broadway Kansas City, MO C