This Is One Cheap Life Insurance Company

Kansas City Life Insurance (Nasdaq: KCLI) is this surprisingly inexpensive company. The company, which sells life and annuity policies throughout the U.S., has paid out a fairly steady dividend over the course of the past 15 years and sports a current yield north of 3.5%. Why have you never heard of this company? Well, frankly, it's a small company -- $350 million market cap -- that trades an average of just 14,000 shares per day. Also, how many investors out there are actively seeking out insurance companies? Be honest now … not many of you.... Read more