Jury Awards $28.4 Million to Kansas City Life Policyholders

(December 2022) — After two hours of deliberations, a unanimous Jackson County, Missouri jury awarded $28.4 million to a class of Missouri owners of universal life insurance products issued by Kansas City Life. The class action was brought on behalf of more than 8,000 current and former policy owners for overcharges to the cash values of their universal life insurance policies.

The jury awarded full damages on all three counts of breach of contract, which alleged Kansas City Life systematically overcharged the class of policyholders over the past 30 years. (Karr v. Kansas City Life Insurance Co., 1916-CV26645).

The Karr case is one of five state-wide class actions being prosecuted by Schirger Feierabend LLC (f/k/a Miller Schirger LLC) and Stueve Siegel Hanson LLP  claiming Kansas City Life has systematically overcharged its universal life insurance policyholders for decades.

Schirger Feierabend and Stueve Siegel Hanson are prosecuting several other cases on behalf of life insurance policyholders, alleged to have been overcharged.