Exhibit 14, Form 10-K
                                              Kansas City Life Insurance Company

KANSAS CITY
LIFE INSURANCE COMPANY

CODE OF
ETHICS FOR

OFFICERS,
DIRECTORS AND EMPLOYEES

This Code of Ethics
(Financial Code) is intended to reinforce and more fully describe
the ethical duties and obligations of the Companys Officers, Directors and
Employees (Employees) see also the Kansas City Life Insurance
Companys Employees Handbook pages 002, 003, 005, 802, and 803 as
they may be amended.

The Company believes that
the accuracy and integrity of its financial statements and public disclosures
are critical to its success. Therefore, Employees including the President and
CEO, the Senior Vice President, Finance, and the Vice President and Controller,
and their direct reports who have responsibility for the preparation of
financial statements and public disclosure of financial information, must adhere
to the standards set forth below.

## I. Conflicts
of Interest

Employees must promote a culture
of honesty and integrity throughout the Company. Therefore, every Employee must
avoid conflicts of interest with the Company. An Employees private
interest may not interfere, or appear to interfere, in any way, with the
interests of the Company. In addition, no Employee, and no member of an
Employees immediate family may accept any personal benefit as a result of
the Employees position within the Company.

Any situation that
involves, or may reasonably be expected to involve, a conflict of interest with
the Company must be disclosed immediately to the General Counsel of the Company
or the Chairperson of the Audit Committee of the Board of Directors.

## II.  Full, fair, accurate, timely and understandable disclosure in Company filings and public communications

The Employees have the
direct and primary responsibility to ensure full, fair, accurate, timely and
understandable disclosure in Company filings and public communications. The
information included in all filings with the Securities and Exchange Commission
and the NASDAQ Stock Market, Inc., and all other public communications must be
complete, timely and accurate, and must not omit any material fact required so
that the information disclosed is not misleading. The Employees must comply with
the Companys disclosure controls and procedures as may be amended from
time to time.

## III.
Interaction with Auditors

Employees must not, and
must not direct any person to take any action to fraudulently influence, coerce,
manipulate or mislead the Companys independent auditor who is engaged in
the performance of an audit of the Companys financial statements, for the
purpose of rendering the financial statements misleading.

Types of conduct that would
constitute improper influence, include, but are not limited to, directly or
indirectly:

- Offering or paying bribes or other financial incentives, including offering
future employment or contracts for non-audit services;
- Providing an auditor with inaccurate or misleading legal analysis;
- Threatening  to  cancel or  canceling  existing  audit or  non-audit  engagements  if the  auditor  objects  to the  Company's
              accounting;
- Seeking to have a partner
removed from the audit engagement because the partner objects to the
Companys accounting;
- Blackmailing;
- Making physical threats.

## IV. Compliance
with Applicable Rules and Regulations

It is the policy of the
Company to comply with all applicable laws and regulations. The Employees are
expected to be familiar with the legal and regulatory requirements applicable to
their business responsibilities and to fulfill their duties in accordance with
these laws and regulations.

Questions concerning the
applicability of any legal or regulatory provision should be directed to the
Companys General Counsel or the Chairperson of the Audit Committee of the
Board of Directors.

The Company will take
appropriate disciplinary action, up to and including termination, for violation
of the Financial Code.

## V. Reporting
Suspected Violations

Reports of suspected
violations of the Financial Code may be made confidentially and anonymously
directly to:

`Senior Vice President, General Counsel & Secretary:

         William A. Schalekamp
         Phone Number: (816) 753-7299, extension 8268
         E-mail:  bschalekamp@kclife.com
         Address:          Kansas City Life Insurance Company
                           3520 Broadway
                           Kansas City, MO 64111

         Chairperson of the Audit Committee:


         Cecil Miller
         Phone Number: (913) 338-1245

         Address:          Kansas City Life Insurance Company
                           3520 Broadway
                           Kansas City, MO 64111`

In addition, reports may be
sent to the Human Resources Department in the Home Office Building.

Reports will be promptly
referred to the Chairperson of the Audit Committee of the Board of Directors and
to the Vice President and Auditor of the Company. The Audit Committee shall
retain all such reports as set out in the Companys Record Retention
Policy.

Everyone, including
employees, is encouraged to report any form of conduct suspected of violating
the Financial Code without fear of retaliation. It is a violation of the law and
the Companys policy to retaliate against anyone providing such
information. Reports regarding retaliation should be reported and will be
handled the same as reports for suspected violations of the Financial Code.