Exhibit 99(b), Form 10-K
                                                Kansas City Life
                                                Insurance Company



RETAIN THIS
DOCUMENT

It Is a
PROSPECTUS
and
Summary Plan Description
of the
Kansas City Life Insurance Company
Savings and Investment Plan (401-k)


     This Prospectus relates to the offering by Kansas City
Life Insurance Company to its employees and to the employees
of its subsidiaries, Sunset Life Insurance Company of
America and Old American Insurance Company, who are eligible
to participate in the Kansas City Life Insurance Company
Savings and Investment Plan (the "Plan") of (i) interests
of participation in the Plan and (ii) shares of the
Company's $2.50 par value Capital Stock ("Capital Stock")
which may be acquired by the Trustees under the Plan.

     The Employer Identification Number (EIN) of Kansas City
Life Insurance Company is 44-0308260. The Plan Number (PN)
is 003.


THIS DOCUMENT CONSTITUTES PART OF A PROSPECTUS COVERING
SECURITIES THAT HAVE BEEN REGISTERED UNDER THE SECURITIES
ACT OF 1933.THESE SECURITIES HAVE NOT BEEN APPROVED OR DISAPPROVED BY
THE SECURITIES AND EXCHANGE COMMISSION NOR HAS THE COMMISSION
PASSED UPON THE ACCURACY OR ADEQUACY OF THIS PROSPECTUS. ANY REPRESENTATION
TO THE CONTRARY IS A CRIMINAL OFFENSE.

     No person has been authorized to give any
information or to make any representations, other
than those contained in this Prospectus in connection with
the offering contained herein, and, if given or made, such
information or representations must not be relied upon as
having been authorized by the Company. This Prospectus does
not constitute an offer to sell or a solicitation of an
offer to buy any securities other than those offered hereby
or any of the securities offered hereby in any
jurisdiction to any person to whom it is unlawful to make
such offer of solicitation in such jurisdiction.


     The date of this Prospectus is November 1, 1995.


TABLE OF CONTENTS


Description of Plan      3-13

Description of Capital Stock of the Company       13

Incorporation of Certain Documents by Reference        14

Additional Information        14-16



DEFINITIONS

     Company.  The term "Company" means Kansas City Life
Insurance Company, a Missouri Corporation with its
principal office at Kansas City, Missouri; Sunset Life
Insurance Company of America, a Washington Corporation with
its principal office at Olympia, Washington, one hundred
percent (100%) of the capital stock of which is owned by
Kansas City Life Insurance Company; and Old American
Insurance Company, a Missouri Corporation with its
principal office at Kansas City, Missouri, one hundred
percent (100%) of the capital stock of which is owned by
Kansas City Life Insurance Company.

     Employee.  The term "employee" shall mean any person
employed by Kansas City Life Insurance Company, Sunset
Life Insurance Company, or Old American Insurance
Company, under the rules of common law, and shall not
include agents, general agents, consultants or other
independent contractors, or leased employees as defined in
Section 414(n) of the Internal Revenue Code.

     Company Stock.  The term "Company stock" shall mean
shares of the capital stock of Kansas City Life Insurance
Company.

     Executive Committee.  Wherever in the Plan and Trust
the term "Executive Committee" is used, it shall be taken to
mean the Executive Committee of the Board of Directors of
Kansas City Life Insurance Company.

     Board of Directors.  Wherever in the Plan and Trust the
term "Board of Directors" is used, it shall be taken to mean
only the Board of Directors of Kansas City Life Insurance
Company.

     Plan Year.  The records of the Plan are maintained on
an annual basis. December 31st of each year is the end of
the Plan year and all records will reflect that fact.

DESCRIPTION OF PLAN

General Information Regarding the Plan

     The title of the Plan is the "Kansas City Life
Insurance Company Savings and Investment Plan"
(hereinafter sometimes referred to as the "Plan"), the
address for which is 3520 Broadway, Kansas City, Missouri
64111-2565, and which is the issuer of the Interests of
Participation under the Plan. Kansas City Life Insurance
Company, a Missouri life insurance corporation organized in
1895 (hereinafter sometimes referred to as the "Company"),
the address for which is 3520 Broadway, Kansas City,
Missouri 64111-2565, telephone number 816-753-7000, is the
issuer of its Capital Stock to be purchased under the Plan
and the participating employer under this Plan. The
employees of Sunset Life Insurance Company of America and
Old American Insurance Company, subsidiaries of Kansas
City Life Insurance Company, may also be participants.
Upon proper authorization by the respective companies,
employees of other subsidiaries of Kansas City Life may be
permitted to participate in the Plan.

Purpose

     It is the purpose of this Plan to recognize the
contributions of those eligible persons to the
successful operation of the companies and to reward such
contributions by providing certain savings and
investment retirement benefits for those who become
participants under the Plan.

Plan History

     The basic form of the Plan was adopted by the Board of
Directors of the Company on January 27, 1972 and was
approved by the shareholders of the Company at their
annual meeting held on April 20, 1972. The Plan became
effective on September 1, 1972. The parties to the
Agreement dated June 1, 1972 (the "Agreement") pursuant to
which the Plan and the Trust were created, were the Company
and Harry W. Kenney, D. W. Gilmore and Donald L. Thompson,
the Trustees. The Plan has been amended from time to time,
the most recent amendment becoming effective on January 1,
1994. The Trustees are Robert C. Miller, John K. Koetting
and Ronald E. Hiatt.

Termination and Amendment of Plan

     The Plan and Trust are purely voluntary on the part of
the Company and it reserves the right to terminate the Plan
and Trust by adoption of a written resolution by the
Board of Directors or the Executive Committee. Upon
termination, the participants' accounts in all Funds
shall become fully vested and nonforfeitable and
distribution shall be made as promptly as possible. The
Company currently intends to continue the Plan for an
indefinite period of time.

     The Company also reserves the right at any time to
modify or amend in whole or in part, any or all of the
provisions of the Plan and Trust by adoption of a written
resolution by the Board of Directors or the Executive
Committee. However, no amendment by the Company may be
used for the purpose of diverting contributions and benefits
from the participants, retired participants, or their
beneficiaries, except as may be required to conform with
governmental regulations.
Federal Income Taxes

     On October 3, 1995 the Internal Revenue Service issued
its most recent letter stating that a favorable
determination was made. The letter further stated that
continued qualification of the Plan will depend on its
effect in operation under its present form. The status of
the Plan in operation will be reviewed periodically. The
plan is qualified under Section 401(a) of the Internal
Revenue Code, and incorporates the benefits provided by
Section 401(k).

    The Company believes the Plan qualifies and the Trust continues
to be exempt under applicable provisions of the Internal Revenue Code.
So long as the Plan and Trust continue to qualify in operation, the
Trust's earnings will be exempt from taxation, and the
Company's contributions, whether to Fund III or for the
benefit of the employees' elective accounts, will be
deductible for income tax purposes.

     Commencing January 1, 1988, Company contributions made
to a participant's elective account do not incur current
tax liability, nor is there taxation of any earnings of
the Trust credited to his account until such
contributions or earnings are withdrawn.

     If the total amount of a participant's funds are
distributed to him within one of his taxable years because
of his retirement or death, then he is taxable on the entire
amount of the distribution in excess of non-taxable amounts
he contributed prior to January 1, 1988, less any assets
distributed to the participant in a prior tax year.

     Unless a participant was age 50 before January 1, 1986,
amounts distributed to him prior to age
59 1/2 (or to his beneficiary if death occurs before the
participant reaches age 59 1/2) are taxable at regular
income tax rates to the extent the distribution exceeds the
amount of his non-taxable contributions prior to January
1, 1988 less any assets distributed to the participant in a
prior tax year. Distributions prior to age 59 1/2 may result
in a penalty of 10% of the taxable amount.

     For participants who were age 50 prior to January 1,
1986, the amount of the taxable distribution due to
separation from service or death may be prorated between an
"ordinary income portion" subject to ordinary income tax
treatment (but eligible for certain special "averaging"
provisions) and a "capital gain portion" subject to capital
gains treatment. The "ordinary income portion" is
determined by multiplying the amount of the taxable
distribution by the ratio of the length of time an
individual has been a participant in the Plan subsequent to
December 31, 1973 to the total length of time such
individual has been a participant in the Plan. The portion
of the taxable distribution which is not the "ordinary
income portion" will be the "capital gain portion" subject
to capital gains tax treatment. These participants may be
eligible for "5 year averaging" or "10 year averaging"
provisions of the Internal Revenue Code for lump sum
distributions as well as capital gains. "10 year averaging"
uses the single individual Tax Rate for 1986 that applied in
1986.

     A participant who was not age 50 before January 1, 1986
is not eligible for capital gains, but may be eligible to
have the lump sum distribution taxed as ordinary income
subject to the "5 year averaging" provisions if he is 59 1/2
or older when the distribution is made.

     When a distribution is made and such distribution is
not eligible for either the long term capital gain or
special averaging treatment as described above, the
recipient is generally taxed at ordinary income rates on the
amount, if any, by which the market value of Company stock
plus any cash or other assets distributed exceed the
participant's contributions not previously withdrawn,
less any unrealized appreciation in the value of Company
stock taken as part of the distribution which was purchased
with the participant's own contributions. When a
participant receives a partial distribution from his
account from assets accumulated prior to January 1, 1987, no
amount will be taxable to him until he has received back all
of his contributions. When he receives a partial
distribution from his account from funds accumulated between
December 31, 1986 and January 1, 1988, there may be a pro
rata amount of the distribution taxable to him. If a
participant receives a partial distribution from his
"elective account" on or after January 1, 1988 pursuant to
the hardship rules, the full amount of the distribution will
be taxable to him.

     Any distribution of all or a portion of the balance to
the credit of the participant excluding his own
contributions prior to January 1, 1988 is an "eligible
rollover distribution". A participant may elect to have any
portion of the eligible rollover distribution paid directly
to an "eligible retirement plan" in a direct rollover. An
eligible retirement plan is either an IRA or another
qualified plan. The amount transferred to an eligible
retirement plan will not be currently taxable to the
participant. Any amounts received in cash and not rolled
over directly to an eligible retirement plan are currently
taxable and will be subject to mandatory federal income tax
withholding at the rate of 20%.

    Any employee who is eligible to participate in the
Plan may become a participant by submitting a "request
for participation". As of the 31st day of October, 1995,
there were approximately 651 employees who were eligible to
participate in the Plan, of whom 598 have elected to
participate.

     The Plan is subject to the protective provisions of the
Employee Retirement Income Security Act of 1974, except
that it is exempt from the provisions of Title IV of the
Act, relating to the Pension Benefit Guaranty Corporation
because it is defined as an individual account plan or
defined contribution plan.

Eligibility

     Each present and future employee who shall have
completed one (1) year of continuous employment with the
Company or companies, and who shall have completed one
thousand (1,000) hours of work in such period and who shall
be at least twenty-one (21) years of age, shall be qualified
as a participant in the Plan.

     A participant's contributions to the Plan shall
cease when the participant becomes disabled and is eligible
to receive disability benefits from the Company's
disability plan. Such participant may resume making
contributions when he or she returns to work on a full
time basis. Vesting shall continue while the participant is
covered by the Company's disability plan.

     Employees are eligible to commence participating in the
Plan on the first business day of the month coinciding with
or next following their becoming qualified, whichever
first occurs.

     The Company may purchase stock in the open market or
use treasury stock in making its required contributions
of its Capital Stock to the Plan and for selling shares of
Capital Stock to the Trustees of the Plan pursuant to their
investment decisions. The Company has registered 300,000
shares of its Capital Stock under the rules of the
Securities and Exchange Commission. The shares held under
Fund II are included in this registration statement. As of
October 31, 1995, 77,526 shares of the Company's Capital
Stock were held under Fund II . Also as of October 31, 1995,
the Plan held a total of 436,577 shares of the Company's
Capital Stock in Funds II and III.

Contributions

     Commencing January 1, 1988 the Plan has been governed
by the provisions of Section 401(k) of the Internal
Revenue Code. Each participant may elect to enter into a
compensation reduction agreement with the Company by which a
contribution will be made for the participant's account in
an amount equivalent to one percent (1%), two percent
(2%), three percent (3%), four percent (4%), five percent
(5%), six percent (6%), seven percent (7%), eight percent
(8%), nine percent (9%) or ten percent (10%) of his
unreduced monthly salary. No contribution in excess of six
percent (6%) of unreduced monthly salary shall be made for
any participating employee who shall be classified as a
highly compensated person.

     A participant may elect to change the percentage rate
of his salary reduction agreement as of the first day of any
month, but not more often than once in any six (6) month
period. The participant shall give written notice of such
change as shall be prescribed by the Administrative
Committee. No contribution for any participant shall
exceed nine thousand two hundred forty dollars ($9,240) in
any calendar year, although this amount may be subject to
annual adjustments pursuant to Internal Revenue Code
Sections 415(d), and 402(g), and regulations. The
contributions and any salary reduction agreement may
sometimes be referred to as a participant's "elective
account." Hereafter, participant contributions shall be
authorized only as a result of the compensation
reduction agreements with the Company.

     The term "salary" includes only the fixed amounts,
weekly, semi-monthly or monthly, due and payable to the
participant by the Company, and does not include any
bonuses, overtime pay, or other extraordinary payments by
the Company.

     The Company, with respect to each participant,
contributes to the Plan as soon as practicable after the
end of each month, out of its current or accumulated
earnings and profits, an amount equal to 100% of such
participant's contribution to the Plan. The Company's
contributions are made in Capital Stock of the Company,
which may be either treasury or authorized and unissued
stock, except that Sunset Life's cash contributions are
forwarded to the Trustees, who shall purchase said shares
from Kansas City Life Insurance Company. Old American's
contributions are made by the Company and recovered from Old
American. Treasury Stock or shares of authorized but
unissued are valued at the average of its bid price on the
over-the-counter market for all business days following the
previous monthly valuation date. In the event the
Company is precluded from delivering its Capital
Stock to the Plan by law or because of the
unavailability of such shares, it is required to
contribute cash which is invested until such time as shares
of the Capital Stock become available for purchase by the
Trustees from the Company or on the open market. Commencing
January 1, 1988, matching Company contributions become
fully vested in the participant to the extent shown below,
upon the valuation date of the month in which the
participant completes one thousand (1000) hours of service
for the number of years of employment with the Company as
follows:

     Years of Employment 1    2    3    4    5    6    7

     Percentage Vested   0%   0%   30%  40%  60%  80%  100%

     A participant may suspend his compensation
reduction agreement as of the last day of any month by
giving such notice as shall be prescribed by the
Administrative Committee. The participant may resume his
compensation reduction agreement by giving such notice
as shall be prescribed by the Administrative Committee
on the first day of any month following the expiration of
six (6) months from the date contributions for him were
suspended, provided he shall then be eligible to
participate.

     Each participant, not less often than annually, shall
receive a statement of account indicating total
contributions from his compensation reduction agreement,
the total contributions made on his behalf by the
Company, and reflecting the increase or decrease in the
value of his accounts.

     The Plan includes provisions required by federal law
which will result in a more rapid vesting if the Plan
becomes "top heavy" as defined by the Internal Revenue
Code. It is not anticipated that this will occur.

Distribution Under and Withdrawal From the Plan - Defaults

     The full value of a participant's account in the Funds
shall fully vest and shall be paid to him or his beneficiary
in the event he retires or dies. In the event of termination
of employment other than by retirement or death, the
participant's accounts in Fund I, Fund II, Fund IV, Fund
V, Fund VI, Fund VII, Fund VIII and Fund IX shall be fully
vested. He shall be entitled to receive the full value of
those accounts. The participant shall forfeit all of his
rights with respect to the value of his account in Fund III
to the extent his account therein is not vested. Except,
however, if a participant returns to work with the Company
or any of its affiliated corporations, and is qualified
to participate, his nonvested portion of Fund III shall be
reinstated if he repays the full amount of the
distribution from Fund III before the earlier of five (5)
years after the first date on which he is re-employed or the
close of the first period of five (5) consecutive one (1)
year breaks in service commencing after the withdrawal. Upon
an employee's termination on or after January 1, 1976, any
twelve (12) month employment period during which the
employee completes less than five hundred one (501) hours
of employment or work due to a termination shall
constitute a break in service.

     Commencing January 1, 1988, the normal retirement
date for all employees participating in this Plan shall be
the earlier of the first day of the month following
attainment of sixty (60) years of age, or the first day of
the month following attainment of fifty-five (55) years of
age and completion of five (5) years of service. To
determine this five (5) years of service for an employee of
Old American Insurance Company, years of service before
November 1, 1991 will not be counted.

     All distributions because of termination of employment
shall be in the form of a lump sum payment, either in cash
or in capital stock of Kansas City Life Insurance
Company, unless the participant elects otherwise. A
nontransferable joint and survivor annuity, providing
equal monthly installments for a period not exceeding one
hundred twenty (120) months certain and for the remainder
of his lifetime may also be elected. If the participant
dies, the distribution shall automatically be made to
the spouse, if any, or in accordance with a beneficiary
designation properly filed, or in accordance with the terms
of the Plan. Federal law now requires that if a married
participant wishes a distribution to someone other than a
spouse, both the participant and the spouse must consent in
writing. If a participant elects to take all or a portion of
his settlement in the form of Kansas City Life Insurance
Company stock there will be no restriction on the resale
of that stock unless, however, the participant is an
affiliate under Rule 405 of the Securities Act of 1933,
e.g., a controlling person, executive officer or director,
or owns more than 5% of the outstanding capital stock of
the Company at that time. The procedures that are available
to affiliates for resale are an effective registration
statement or sales made pursuant to Rule 144 of the
Securities Act of 1933.  Any participant who would like
to have clarification may feel free to contact the
Company's General Counsel at 816-753-7000. No other form
of distribution will be restricted in any manner.

     Commencing January 1, 1988, a participant may elect at
any time to withdraw all or any part of the value of his
accounts in Fund I, Fund II, Fund IV, Fund V, Fund VI, Fund
VII, Fund VIII and Fund IX which were contributed prior to
January 1, 1988. However, an "alternate payee" under a
Qualified Domestic Relations Order may not make such a
withdrawal. The value of "elective account" contributions,
those made on or after January 1, 1988, may not be withdrawn
by the participant except for financial hardship
resulting from accident to, or sickness of, a participant or
his dependents, or financial hardship resulting from the
establishing or preserving the home in which the participant
resides, if funds are not reasonably available from other
financial resources to the participant. Such withdrawal
shall be subject to the approval of the Administrative
Committee, and any such withdrawal will be limited to the
amount of actual contributions made to the participant's
elective account. No gain on the value of such elective
account contributions may be withdrawn. Any such
withdrawal for hardship shall result in the
participant's ineligibility to participate in the Plan
for twelve (12) months. However, an "alternate payee" under
a Qualified Domestic Relations Order may not make such a
withdrawal.

     Commencing January 1, 1988, no withdrawal of the
vested portion of a participant's Fund III account shall
be permitted except upon retirement, termination or death.

     Any withdrawal of a participant's pre-1988 funds shall
result in the participant's ineligibility to participate
in the Plan for six (6) months. If a participant is more
than fifty percent (50%) vested, none of the Company
contributions for his account in Fund III shall be
forfeited. If a participant who makes a withdrawal is less
than fifty percent (50%) vested, he will forfeit fifty
percent (50%) of the amount withdrawn, but the dollar amount
forfeited cannot exceed his non-vested funds.

     When a participant makes a withdrawal resulting in a
forfeiture, the amount subject to forfeiture shall be set
aside in a cash account. If the participant returns the
full amount of his withdrawal within five (5) years of the
date of withdrawal, the full value of the amounts set aside
in the cash account shall be restored to him. If the
participant does not replace the full amount withdrawn from
his account within the five (5) year period, the amount in
the cash account subject to forfeiture shall be applied to
reduce the amount of the Company contribution required by
the Plan.

     Commencing January 1, 1988, a participant may request
a loan to be made from his elective account under such
conditions and terms established by the Administrative
Committee. Any such loan shall be made for a period not to
exceed five (5) years, and shall provide for repayment to
the Plan with equal payments to be made by monthly payroll
deduction. Loans used to acquire a primary residence of the
participant may provide for periodic payments over a
reasonable period of time that may exceed five (5) years.

     No loan shall be granted to any participant or his
beneficiaries that will provide for a repayment period
extending beyond the participant's normal retirement date. A
reasonable rate of interest may be charged, as established
by the Administrative Committee from time to time, and
such interest payments shall be treated as earnings of the
borrower's account. Minimum loan repayments shall be made
by payroll deduction. The Administrative Committee shall
have the right to deny a participant's request for a loan.
An "alternate payee" under a Qualified Domestic Relations
Order may not request a loan.

     Any loan made to a participant shall result in the
withdrawal of the loan amount (which would otherwise share
in the investment activity of the Funds) from the
participant's elective accounts. Any loan made, when added
to the outstanding balance of all other loans made to the
participant, shall be limited to the lesser of:

     (a)  Fifty thousand dollars ($50,000.00) reduced by the
excess of the highest outstanding balance of loans to the
participant during the twelve (12) month period
ending on the day before the date on which such
loan is made, over the outstanding balance of loans to the
participant on the date on which such loan is made, or

(b) The greater of ten thousand dollars
($10,000.00) or one-half (1/2) of the value of the
participant's elective account as of the valuation date
coincident with or next preceding the date as of
which the loan is calculated. No loan may exceed the value
of a participant's elective accounts.

     (c)  A third limitation may further reduce a second or
subsequent loan by the amount of an existing
loan balance.

     Upon termination of employment, retirement or death, a
participant (or his beneficiary if death has occurred)
may irrevocably elect during the election period to receive
a lump sum payment as of January 31st of the next calendar
year. If this election is made, his account will be valued
on the regular valuation date in January. The election
period begins on the date of terminations of employment,
retirement or death, and ends on the last day of the
following calendar month. If the participant (or
beneficiary) decides to receive a distribution immediately
instead of the following January, his account will be valued
on the last day of the month in which the election is made.
The participant's account will be subject to any gains or
losses until a valuation is made. If no election is received
within the election period, a distribution will be made
within 60 days following the valuation date that coincides
with or next follows the participant's date of
termination of employment, retirement or death. Any
distribution shall occur in accordance with the Plan's
regular procedures.

     Any request for withdrawal must be delivered to and
be in the possession of the Human Resources department of
Kansas City Life no later than 2 p.m., on the last market
business day of the month on which the requested withdrawal
is to occur.

Assignment

     The interest hereunder of any participant, retired
participant or beneficiary, except as may be required by
a Qualified Domestic Relations Order defined in Section
414(p) of the Internal Revenue Code, is not transferable,
either by assignment or by any other method, and to the
maximum extent permissible by law is not subject to being
taken by any process whatever by the creditors of such
participant, retired participant or beneficiary.

Liens on Funds or Property

     There is no provision under the Plan or any contract in
connection therewith giving any person the right to
create a lien on any funds, securities or other property
held under the Plan.

Administration of the Plan

     The Plan Administrator is Kansas City Life Insurance
Company, 3520 Broadway, Kansas City, Missouri 64111-2565,
Telephone number 816-753-7000, and the Company has the right
to delegate responsibility for administration of the Plan to
appropriate personnel from time to time. At the present
time, the Administrative Committee has this primary
responsibility as authorized by the Plan.

     The Administrative Committee (the "Committee")
consists of not less than three nor more than five persons
designated by the Executive Committee of the Company. The
members of the Committee receive no compensation for
their service. The members of the Committee serve one year
terms or until their successors are designated by the
Executive Committee of the Company. Any member of the
Committee may resign by giving notice to the Company at
least 15 days before his resignation. Committee members
shall resign upon the request of the Executive Committee of
the Company. The Executive Committee of the Company shall
fill all vacancies on the Committee as soon as reasonably
possible after a resignation takes place.

     The names and addresses of the present members of the
Committee, together with their positions with the Company
are as follows:

                                             Position with the
        Name        Address                  Company

Robert C. Miller    3520 Broadway            Senior Vice President -
                    Kansas City, Missouri    Administrative Services

Robert E. Janes     3520 Broadway            Assistant Vice President and
                    Kansas City, Missouri    Assistant Controller

John A. Showalter   3520 Broadway            Associate General Counsel
                    Kansas City, Missouri

James P. Walsh      3520 Broadway            Assistant Vice President,
                    Kansas City, Missouri    Associate Actuary

Ronald E. Hiatt     3520 Broadway            Treasurer
                    Kansas City, Missouri

     The Committee members, if otherwise eligible, are free
to participate in the Plan.

     The Committee has the power to (i) adopt rules and
regulations for the administration of the Plan and to
enforce the Plan in accordance with the provisions of the
Plan and such rules and regulations, (ii) interpret the Plan
and decide any and all matters arising thereunder, except
such matters which the Executive Committee of the Company
from time to time may reserve for itself, and, (iii) make
all determinations as to the rights of any person to a
benefit and provide a reasonable opportunity for an
aggrieved person to have a review of their decision. The
Committee has the duty, when requested, to report to the
Executive Committee of the Company giving account of the
operation of the Plan and the performance of the various
funds established pursuant to the Plan.

     The Company pays all expenses incurred in administering
the Plan and managing the Trust assets. The Company does
not, however, pay any brokerage fees, commissions, stock
transfer taxes or other charges and expenses in connection
with the purchase and sale of securities under the Plan.
Investment of Funds

     The following officers of the Company are the Trustees
of the Plan:

                                             Position with the
        Name        Address                  Company

Robert C. Miller    3520 Broadway            Senior Vice President -
                    Kansas City, Missouri    Administrative Services

John K. Koetting    3520 Broadway            Vice President and
                    Kansas City, Missouri    Controller

Ronald E. Hiatt     3520 Broadway            Treasurer
                    Kansas City, Missouri

     The Trustees, if otherwise eligible, are free to
participate in the plan.

     The Trustees hold all sums received from the Company
and have the duty to hold, invest, reinvest, and manage and
administer the funds for the exclusive benefit of the
employees participating in the Plan. The Trustees have
the power to purchase securities, common and preferred
stocks, real estate mortgages, debentures, bonds, promissory
notes, real estate, real estate improvements, leaseholds or
any other income producing properties or securities, real
or personal, within or without the State of Missouri. The
Trustees are specifically empowered to invest in the
Capital Stock of Kansas City Life Insurance Company.

     Although investment discretion rests with the
Trustees, all shares of the Company's capital stock
allocated to participants' accounts and held in trust,
whether or not fully vested, are voted in accordance with
the instructions from the participants. The
participants also have the right to direct the Trustees to
respond to an offer for the tender of the Company's stock,
in accordance with rules of procedure provided by the
Trustees at the time of any such tender offer.

     The Trustees, before making any new investment or
reinvestment of any Trust funds, must submit to the
Executive Committee of the Company, or its designated
subcommittee, a list of such securities in which they
propose to invest such funds and the amount proposed to be
invested in such securities. The Trustees are required to
purchase, or refrain from purchasing, the securities
proposed in accordance with the acceptance or rejection,
in whole or in part, of such proposals by such committee.

Participant's Accounts

Prior to January 1, 1988, all participant's
contributions and any earnings thereon were accounted for in
Fund I, Fund II and Fund IV. All Company contributions and
any earnings thereon were accounted for in Fund III,
invested in the Company's capital stock.

     Commencing January 1, 1988, contributions to each
participant's "elective account" continued to be invested
in Fund I, Fund II or Fund IV as directed by the
participant, but were accounted for separately from
amounts accumulated prior to January 1, 1988. The elective
accounts are established as a result of a participant's
agreement to receive reduced compensation. The elective
accounts are permissible under the provisions of Internal
Revenue Code Section 401(k).

     Beginning September 1, 1993, Funds V, VI, VII, VIII and
IX were established. Contributions to each participant's
elective account in these funds continues to be accounted
for separately from amounts accumulated prior to January 1,
1988.

     Although there will be a separate accounting for a
participant's elective accounts, the accumulation of
funds in those elective accounts will continue to be
invested by the Trustees in accordance with the rules of the
Plan.

     The Trustees have stated that it is their present
intention that the contributions to Fund I be invested in
Twentieth Century Growth Fund (a mutual fund), Fund II in
Kansas City Life Insurance Company common stock, Fund III in
Kansas City Life Insurance Company common stock, Fund IV
in MetLife Managed Guaranteed Investment Contract (GIC),
Fund V in Vanguard Bond Index (a mutual fund), Fund VI in
Templeton Foreign Fund (a mutual fund), Fund VII in
Vanguard Balanced Index Fund (a mutual fund), Fund VIII in
Fidelity Value Fund (a mutual fund), and Fund IX in
Vanguard Index Trust (a mutual fund). Neither the
principal amount nor the rate of return on these funds is
guaranteed by the Plan or the Company.

     Each participant may elect to have all or a portion of
his "elective account" contributions invested in any one
or more of Funds I, II, IV, V, VI, VII, VIII or IX so long
as the investment percentage is a whole percentage. No
fractional percentages are permitted.

     Each participant may, not more often than once a month,
transfer the value of his account in any fund or funds to
another fund or funds. However, transfers to or from Fund II
may occur only once in a six (6) month period. Further, if a
participant is investing all or a portion of his monthly
contribution in Fund II and transfers all or a portion of
his Fund II account value to another fund, monthly
contributions to Fund II must stop for at least six (6)
months after the date of the last transfer form Fund II.
Transfers to or from Fund III are not permitted. Any request
for a transfer must be delivered to and be in the possession
of the Human Resources Department no later than 2:00 p.m. on
the last business day of the month on which the requested
transfer is to occur.

     Each participant has an account with respect to such of
Fund I, Fund II, Fund IV, Fund V, Fund VI, Fund VII, Fund
VIII and Fund IX as he shall have selected from time to
time, as well as an account with respect to Fund III. Fund
accounts are valued monthly. The value of the assets of
each Fund is determined on the basis of market values on the
last market business day each month, except that the value
of Fund II and Fund III, comprised of Company stock, is
determined on the last business day of each month by using
an average of the bid price on the over-the-counter market
for all business days of that month.

Past Performance of Each Fund

     The following chart shows the approximate percentage
increase or (decrease) in the value of each of the funds
in each of the last 5 years as compared to the preceding
year:
PERIOD ENDING

     12/31/90  12/31/91  12/31/92  12/31/93  12/31/94

Fund I    (4.7%)    69.9%     (4.3%)    4.4%      (1.4%)

Fund II   (12.0%)   16.4%     46.1%     3.7%      (13.6%)

Fund III  (12.0%)   16.6%     46.1%     3.7%      (13.6%)

Fund IV     9.3%    15.1%      6.5%     1.7%        4.6%

Fund V      N/A      N/A       N/A      0.1%       (2.5%)

Fund VI     N/A      N/A       N/A     11.1%       (0.7%)

Fund VII    N/A      N/A       N/A      1.3%       (1.6%)

Fund VIII   N/A      N/A       N/A      4.4%        7.2%

Fund IX     N/A      N/A       N/A      3.7%       (2.2%)

     The above is the average rate of return for the funds
for an entire year except as described below. No single
participant's performance necessarily reflected this
performance. The above is no indication of future
performance of any of these funds.

     On September 1, 1993, the number of funds was
increased from four to nine. The investment of Funds I, II
and III remained the same, and the rates of return for them
shown above are for the full year 1993. The investment of
Fund IV changed, and Funds V, VI, VII, VIII and IX are new.
The rates of return shown above for them for 1993 reflect
only the four month period they existed that year in the
Plan. The rates of return shown above for 1994 reflect a
full year for all funds.

Other Charges and
Deductions

     There are no charges and deductions which may be made
from participant's contributions and elective accounts or
their contributions made by the Company under the Plan,
other than brokerage fees, commissions, stock transfer taxes
and other charges and expenses in connection with the
purchase and sale of securities under the Plan.

DESCRIPTION OF CAPITAL STOCK OF THE COMPANY

     The only class of stock which the Company is authorized
to issue is its Capital Stock, with par value of $2.50 per
share. The following statements relative to the Capital
Stock are summaries of certain provisions of the Company's
charter and bylaws and of the applicable statutes. These
statements do not purport to be complete or to give full
effect to statutory or common law, and are subject in all
respects to the applicable provisions of the charter and
bylaws of the Company, and to the applicable laws of the
State of Missouri.

     Each holder of Capital Stock is entitled to one vote
per share on all matters submitted to the vote of the
stockholders, except that in the election of directors he
may vote cumulatively. In the event of the liquidation of
the Company, the holders of the Capital Stock will be
entitled to receive ratably all assets of the Company which
are available for distribution to its stockholders. No
holder of Capital Stock has any pre-emptive or other right
to subscribe for or purchase any shares of stock or other
securities of the Company at any time issued.

     There are no conversion rights or redemption or
sinking fund provisions applicable to the Capital Stock.
The outstanding shares of Capital Stock are fully paid and
nonassessable. The holders of Capital Stock are entitled to
receive dividends thereon when, as and if declared by the
Board of Directors of the Company out of the funds of the
Company legally available therefor.

INCORPORATION OF CERTAIN DOCUMENTS BY REFERENCE

     Incorporated by reference herein are the following
documents:

     (a)  The Annual Report of Kansas City Life
Insurance Company filed on Form 10-K for the year
ended December 31, 1994, and the Plan, filed pursuant to
Section 15(d) of the Securities Exchange Act of
1934.

     (b)  All other reports filed by either the Company or
the Plan pursuant to Section 15(d) of the Securities
Exchange Act of 1934, since the end of the fiscal year
1994 covered by the Annual Report.

     Copies of these documents are available without charge
to a participant upon oral or written request by
contacting the Director, Human Resources, Kansas City Life
Insurance Company, 3520 Broadway, Kansas City, Missouri
64111-2565, Telephone number 816-753-7000.

ADDITIONAL INFORMATION

     There have been no material changes in the affairs of
Kansas City Life Insurance Company which have occurred since
the end of fiscal year 1994, for which certain financial
statements were included in the Annual Report.

     Reports and other information filed by Kansas City
Life with the Securities and Exchange Commission can be
inspected and copied at the public reference facilities
maintained by the Commission at 450 Fifth Street, N.W.,
Washington, D. C. 20549, and at the following regional
offices of the Commission; New York Regional Office, 26
Federal Plaza, New York, New York 10278; Los Angeles
Regional Office, 5757 Wilshire Blvd., Los Angeles,
California 90036; and the Chicago Regional Office, 219 S.
Dearborn Street, Chicago, Illinois 60604, and copies of such
material can be obtained from the public reference rooms of
the Commission, in these offices at prescribed rates.

Indemnification of Directors
and Officers

     Each person who is or was a Director, Officer or
employee of the Company, or is or was serving at the request
of the Company as a Director, Officer or employee of another
corporation, partnership, joint venture, trust or other
enterprise shall be indemnified by the Company in the manner
and to the full extent that the Company has power to
indemnify such person under Section 351.355 of the General
and Business Corporation Law of Missouri as now in effect or
hereafter amended.

     Insofar as indemnification for liabilities arising
under the Securities Act of 1933 may be permitted to
directors, officers and controlling persons of the
registrant pursuant to the foregoing provisions, or
otherwise, the registrant has been advised that in the
opinion of the Securities and Exchange Commission such
indemnification is against public policy as expressed in the
Act and is, therefore, unenforceable. In the event that a
claim for indemnification against such liabilities (other
than the payment by the registrant of expenses incurred or
paid by a director, officer or controlling person of the
registrant in the successful defense of any action, suit or
proceeding) is asserted by such director, officer or
controlling person in connection with the securities being
registered, the registrant will, unless in the opinion of
its counsel the matter has been settled by controlling
precedent, submit to a court of appropriate jurisdiction the
question whether such indemnification by it is against
public policy as expressed in the Act and will be governed
by the final adjudication of such issue.

Information, Claims and Appeals Procedure

     If you have any questions regarding the Plan, or if you
have any claim regarding the payment of benefits, you should
immediately contact the Administrative Committee, or any
member of it, and preferably state your claim in writing.
The Administrative Committee will consider the matter
promptly and will provide you with a written statement in
the event any benefits should be denied. Furthermore, the
Committee shall provide you or any beneficiary whose claim
for benefits has been denied a reasonable opportunity for a
review of the decision denying the claim. Any such appeal or
request for review should be submitted in writing within 30
days after receiving written notice from the Committee that
a benefit has been denied. Such statement should include:

     (1)  A request for review by the Administrative
Committee;

     (2)  The basis of review and the facts in support
thereof; and

     (3)  Any issues and comments which you deem pertinent.

     The Administrative Committee may require additional
documents as its deems necessary or desirable in making such
a review. A determination shall be made and you shall be
informed in writing within 60 days of receipt of the request
for a review, or in no event more than 120 days if it is
determined that a full hearing must be held.

Procedure to Request Additional Information

     If you would like any additional information or a copy
of any document related to the Plan, please write to the
Director, Human Resources, Kansas City Life Insurance
Company, 3520 Broadway, Kansas City, Missouri 64111-2565,
Telephone number 816-753-7000. In the event you request a
copy of any document not listed earlier as being available
without charge, it will be furnished at a nominal cost.

Statement of ERISA Rights

     As a participant in the Savings and Investment Plan,
you are entitled to certain rights and protections under the
Employee Retirement Income Security Act of 1974 (ERISA).
ERISA provides that all Plan participants shall be entitled
to:

Examine, without charge, at the Plan
Administrator's Office and at other specified
locations, such as worksites and union halls, all Plan
documents, including insurance contracts, collective
bargaining agreements and copies of all documents filed
by the Plan with the U.S. Department of Labor, such as
detailed annual reports and Plan descriptions.
Obtain copies of all Plan documents and other Plan
information upon written request to the Plan Administrator.
The Administrator may make a reasonable charge for the
copies.

Receive a summary of the Plan's annual financial report. The
Plan Administrator is required by law to furnish each
participant with a copy of this Summary Annual Report.

Obtain a statement telling you whether you have a right to
receive a pension at normal retirement age, and if so, what
your benefits would be at normal retirement age if you stop
working under the Plan now. If you do not have a right to a
pension, the statement must be requested in writing and is
not required to be given more than once a year. The Plan
must provide the statement free of charge.

     In addition to creating rights for Plan participants,
ERISA imposed duties upon the people who are responsible for
the operation of the employee benefit plan.

     These people who operate your Plan, called
"fiduciaries" of the Plan, have a duty to do so prudently
and in the interest of you and other Plan participants and
beneficiaries. No one, including your employer, your union
or any other person, may fire you or otherwise discriminate
against you in any way to prevent you from obtaining a
pension benefit or exercising your rights under ERISA.

     If your claim for a pension benefit is denied in whole
or part, you must receive written explanation of the reason
for the denial. You have the right to have the Plan review
and reconsider your claim.

     Under ERISA, there are steps you can take to enforce
the above rights. For instance, if you request materials
from the Plan and do not receive them within 30 days, you
may file suit in a federal court. In such a case, the court
may require the Plan Administrator to provide the materials
and pay you up to $100.00 a day until you receive the
materials, unless the materials were not sent because of
reasons beyond the control of the Administrator. If you have
a claim for benefits which is denied or ignored, in whole or
in part, you may file suit in a state or federal court.

     If it should happen that Plan fiduciaries misuse the
Plan's money, or if you are discriminated against for
asserting your rights, you may seek assistance from the U.S.
Department of Labor, or you may file suit in a federal
court. The court will decide who should pay court costs and
legal fees. If you are successful, the court may order the
person you have sued to pay these costs and fees. If you
lose, the court may order you to pay these costs and fees,
for example, if it finds your claim is frivolous.

     If you have any questions about your Plan, you should
contact the Plan Administrator. If you have any
questions about this statement or about your rights under
ERISA, you should contact the nearest Area Office of the
U.S. Labor-Management Services Administration,
Department of Labor.

Agent for Service of Legal Process

     Service of legal process may be made upon Kansas City
Life Insurance Company as the Administrator of the Plan,
or such service of process may be made upon any member of
the Administrative Committee or any one of the Trustees. Such
service of legal process should be directed to those parties
at the address of the Company, 3520 Broadway, Kansas City,
Missouri 64111-2565.