Best Life Insurance Rates in Kansas

Get competitive quotes from top companies.

See Your Rates

Compare Life Insurance Quotes in Kansas

Even though Dorothy and Toto had a feeling they weren’t in Kansas anymore, The Wizard of Oz is famously associated with the state. Naturally, the band Kansas hails from there, specifically Topeka. But, when talking about life insurance, all that dust in the wind may contribute to Kansas’ high death rates from influenza and pneumonia. On the other hand, a low rate of Alzheimer’s Disease will allow you to carry on. So don’t you cry no more, this life insurance guide has everything you need.

Kansas Life Insurance Quotes

With 43 percent of Kansas residents reporting they have major health issues, the search for life insurance there can get pricey.

Kansas residents shouldn’t have to stress about their health and their life insurance rates. Let QuoteWizard do the legwork for you. We can connect you with multiple companies that will provide you with competitive rates.

Life Insurance Rate Factors in Kansas

Age - Age is one of the largest factors affecting life insurance rates. The younger you are when you purchase a policy, the less likely it is that it will pay out, so the lower your rates will be, other things being equal.

Life expectancy at birth in Kansas is 78.7 years, slightly lower than the life expectancy at birth for the US overall, which is 78.9 years. So, if you purchased a 30-year term life policy in Kansas at age 50, you would be more likely than not to pass away before 80 years of age, the end of the term.

On the other hand, if you were 30 years old and purchased a 30-year term life policy, you would be well under Kansas’s life expectancy of 78.7 years old when the policy term ended. You’d be a much lower risk to insure and would therefore pay much lower rates than the person in the former example.

Driving Record - This might seem like a confusing inclusion, as this page is about life insurance, not auto insurance, but car accidents are incredibly common; they kill more than 30,000 people per year. If someone has a driving record littered with moving violations, they are at an increased risk of a premature demise. The result is higher rates.

Firearm Deaths - Places that have higher rates of accidental or premature death generally have higher rates. A significant part of these untimely deaths comes from firearm injuries, which account for about 33,000 deaths in the US every year. In Kansas, the death rate from injury due to firearms is 11.4 per 100,000 deaths, the #26 highest rate in the country. Nationwide, the average firearm death rate is 10.4 per 100,000.

Gender - Since women live longer than men on average, they pay less for insurance than a similar man would, other things being equal. In Kansas, the percentage of the population that’s female is 50.2%, and the percentage that’s male is 49.8%. In the US as a whole, women are 50.8% of the population, and men are 49.2% of the population.

Gender of Kansas residents that used QuoteWizard last year.

 
         
 
   
51%Female
   
49%Male
 

Health History - While most of us have one or two minor health issues, if you have been diagnosed with a serious illness, or if you have a family history of such illnesses, this can have a significant impact your insurance rates.

There are certain conditions, such as heart disease or certain kinds of cancers, which can make your premiums much higher if you have them or a family history of them. In some cases, a pre-existing condition can make you ineligible altogether, which is why it’s important to get life insurance before something serious happens.

Percentage of QuoteWizard users in Kansas that indicated whether they where healthy or had minor or major health issues.

 
             
 
   
51%Healthy
   
43%Major
   
7%Minor
 

Lifestyle & Hobbies - People who engage in adventure sports or who have potentially dangerous hobbies will pay more for insurance, other things being equal, than those who don’t. This is especially relevant in Kansas, where skiing and hunting are common recreational activities.

Marital Status - Research shows that on average, married people live longer and are healthier than similar single people. So, if you’re married, you can get a modest discount on life insurance. According to the most recent data available from the US Census, in Kansas in 2009, the rate of marriage for people over 15 was 42.9 per 1,000 people, the rate of divorce was 20.8 per 1,000 people, and the rate of widowhood was 11.7 per 1,000 people.

Marriage status of Kansas residents that used QuoteWizard last year.

 
         
 
   
65%Single
   
35%Married
 

Occupation - People with hazardous jobs like logging and fishing will pay more for insurance than someone with a less dangerous, mundane office job, other things being equal. The most common job in Kansas, proportionally, is an agricultural equipment operator.

Tobacco Use - Because tobacco users don’t live as long as non-tobacco users (other things being equal) tobacco users pay substantially more for life insurance than an identical non-tobacco user would pay for the same policy. Tobacco use is associated with a number of health complications, such as heart disease, stroke, and COPD, any of which may cause higher rates and an earlier death.

As of 2013, the national average rate of smoking was 19%. To compare to the most recent data available, in 2014, approximately 20.0% of Kansas adults smoked cigarettes – about 436,000 adults.

Percentage of QuoteWizard users in Kansas that indicated that they smoke last year.

 
         
 
   
94%Don't Smoke
   
6%Smoke
 

Travel - If you regularly travel to developing countries, particularly countries on the US State Department’s Warning List, you'll pay more for insurance than a traveler who sticks to developed countries.

Value of Policy - It shouldn’t come as a huge surprise that one of the largest, if not the largest contributing factor, to a policy’s premiums is the value of the policy. As with anything, you get what you pay for; the more protection that you purchase, the more you pay.

Weight - Obesity has surpassed smoking to become America’s largest public health cost and problem. Like tobacco use, obese or seriously overweight people have a lower life expectancy, which means an increased probability of their policy being paid out. Because obesity increases the likelihood of health problems such as heart disease, stroke, diabetes, and some cancers, overweight and obese individuals can expect to pay higher rates than similar individuals who are not obese.

As of 2013, the adult obesity rate in Kansas was 30.0%. This makes Kansas the #19 most obese state. Overall, the average obesity rate in the US is 34.9%.

While each of these factors plays a big role in the cost of your policy, some aspects of life insurance are entirely individual. Insurance companies calculate your rates based on your own health, habits, and lifestyle. That’s why shopping around and comparing quotes is so important–to make sure you’re getting the best rate possible.

Leading Causes of Death US vs. Kansas  –  2013

Source: US Centers for Disease Control
Rank Cause of Death Total Deaths Death Rate State Rank US Death Rate*
1 Heart Disease 5,364 156.1 28th 169.8
2 Cancer 5,379 163.1 27th (tie) 163.2
3 Lower Respiratory Disease 1,673 50.3 14th 42.1
4 Accidents 1,359 44.4 24th 39.4
5 Stroke 1,320 38.1 19th (tie) 36.2
6 Alzheimer's Disease 742 20.8 34th 23.5
7 Diabetes 654 19.8 30th 21.2
8 Influenza/Pneumonia 715 20.1 7th 15.9
9 Kidney Disease 594 17.3 11th 13.2
10 Suicide 425 14.7 21st 12.6
*Death Rate calculated as: (deaths from that cause / total population) / 100,000

Kansas Life/Health and Fraternal Insurance Market Share – 2013

Source: National Association of Insurance Commissioners
Rank Company Direct Premiums Written (in thousands) Market Share
1 Jackson National Life Group $219,363 9.3%
2 Sammons Enterprises Group $171,976 7.3%
3 American International Group $166,204 7.1%
4 Prudential Financial Corp. $121,151 5.2%
5 Voya Financial Inc. $115,939 4.9%
6 TIAA - CREF $110,969 4.7%
7 Allianz Insurance Co. $107,787 4.6%
8 Lincoln National Corp. $99,696 4.2%
9 New York Life Insurance Co. $99,634 4.2%
10 AEGON $87,196 3.7%

Financial Strength Ratings of Top Kansas Life/Health Insurers

Source: A.M. Best (Ratings as of 8/27/2015)

  • Jackson National Life Group: A+
  • Sammons Enterprises Group: A+
  • American International Group: A
  • Prudential Financial Corp.: A+
  • Voya Financial Inc.: A
  • TIAA - CREF: A++
  • Allianz Insurance Co.: A+
  • Lincoln National Corp.: A+
  • New York Life Insurance Co.: A++
  • AEGON: A+
Get a quote from some of these top rated insurers! Request Quote Get a Quote From Top Insurers

Rating Guide

Kansas Life Insurance Regulations

Insurance in Kansas is governed by the laws defined by Title 27 of the Kansas State Code, as outlined by the Kansas General Assembly.

This legislation is used to regulate claims and provide certain protections to Kansas consumers, for example:

Grace Period: Kansas requires insurance companies to provide a “grace period,” of 30 days to make up a missed payment without punishment or file a death claim after the missed payment. This is to prohibit the insurance company from withholding a claim or cancelling a policy because of a slightly late payment.

No Free Look Period: A “free look period” is a time period between 7 and 30 days, in which consumers can test out their insurance policy after purchasing it. During this time, an individual can return the policy for any reason for a full refund. Kansas is one of only a few states that does not require this by state law. That said, many insurance companies still provide a free look period on most insurance policies.

These regulations don’t just protect consumers; they also protect insurance companies from fraud. For example, Kansas insurers may challenge any information in your insurance application for up to two years from the policy’s effective date. If they find any evidence of fraud, they can terminate your policy immediately.

Kansas Life & Health Insurance Guaranty Association

This organization assists the customers of any insurance company that is found to be insolvent. If you have concerns about the financial well-being of your carrier, you should contact the KLHIGA. Their contact info is below:

Website:
Homepage
Phone:
(785) 271 – 1199
Address:
Kansas Life & Health Insurance Guaranty Association
2909 SW Maupin Lane
Topeka, KS 66614-5335

Kansas Office of the Insurance Commissioner

Website:
Homepage
Insurance Commissioner:
Ken Selzer, CPA
Insurance Hotline:
(800) 432 - 2484
Office Hours:
Monday - Friday
9:00 am to 5:00 pm
File a Consumer Insurance Complaint
Complaint Page

Sources:

QuoteWizard.com LLC has made every effort to ensure that the information on this site is correct, but we cannot guarantee that it is free of inaccuracies, errors, or omissions. All content and services provided on or through this site are provided "as is" and "as available" for use. QuoteWizard.com LLC makes no representations or warranties of any kind, express or implied, as to the operation of this site or to the information, content, materials, or products included on this site. You expressly agree that your use of this site is at your sole risk.