Welcome to the KCL COI Settlement Home Page.
If you own or owned a KCL Flexible Premium Adjustable Life Insurance Policy, a Class Action Lawsuit may affect your rights.
A Settlement was reached with KCL in a class action lawsuit about the Cost of Insurance applied to these policies. If the Settlement is approved by the Court, you will automatically receive a payment. No further action is required.
The Settlement includes current and former owners of Better Life Plan, Better Life Plan Qualified, LifeTrack, AGP, MGP, PGP, Chapter One, Classic, Century II, Rightrack (89), Performer (88), Performer (91), Prime Performer, Competitor (88), Competitor (91), Executive (88), Executive (91), Protector 50, LewerMax, Ultra 20 (93), Competitor II, Executive II, Performer II, or Ultra 20 (96) policies that were active on or after January 1, 2002.
As part of the Settlement, Settlement Class Members will be eligible to receive a portion of a cash Settlement Fund funded by KCL.
This website is provided as a service to eligible individuals. The information provided is in summary form and is not intended as a complete explanation of your rights. For full and complete information, you are directed to review carefully the NOTICE OF CLASS ACTION LAWSUIT.
Current Status
The Court in charge of this case still must decide whether to provide final approval of the Settlement. Settlement checks will be automatically issued to each Settlement Class Member if the Court approves the Settlement and after any appeals are resolved. You do not need to take further action to receive payment if you are eligible under the Settlement.
Please be patient.