Renewal rate hold coming from Kansas City Life Group Benefits
Renewal rate hold goes into effect
Recognizing many clients and brokers are facing hardships at this time and, to ease some of that burden, Kansas City Life Group Benefits (KCL) is forgoing renewal rate increases for clients renewing coverage May 1, 2020, through Aug. 1, 2020. Policies renewing during this time frame will retain their plan anniversary month and will be reviewed in 2021.
The lone exception will be dental clients in the state of Washington. KCL will still be processing renewals as is required by the Washington state mandates.
Please be advised that all KCL communications to clients and brokers reside on their website for easy referral.
Please know that during times of hardship and uncertainty, Kansas City Life Insurance Company has always stood strong. They have assisted policyholders through the Spanish Flu, World Wars, the Great Depression and various periods of recession and inflation. Built on integrity, sound investment strategies and honest business practices throughout the last 125 years, Kansas City Life is committed to the promise of Security Assured, now and in the weeks, months and years to come.