FORM 5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Form 3 Holdings Reported

Form 4 Transactions Reported

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

ANNUAL STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940

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1. Name and Address of Reporting Person

BIXBY WALTER E JR REVOCABLE TRUST

2. Issuer Name and Ticker or Trading Symbol
KANSAS CITY LIFE INSURANCE CO [KCLI]

5. Relationship of Reporting Person(s) to Issuer

(Check all applicable)

___ Director

_X_ 10% Owner

___ Officer (give title below)

___ Other (specify below)

 

(Last)

(First)

(Middle)

C/O KANSAS CITY LIFE INSURANCE CO
3520 BROADWAY

3. Statement for Issuer's Fiscal Year Ended (Month/Day/Year)

  12/31/2006

(Street)

 

KANSAS CITY  MO  64111  

4. If Amendment, Date Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)
_X_ Form Filed by One Reporting Person
___ Form Filed by More than One Reporting Person

(City)

(State)

(Zip)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned

1.Title of Security
(Instr. 3)

2. Transaction Date (Month/Day/Year)

2A. Deemed Execution Date, if any (Month/Day/Year)

3. Transaction Code
(Instr. 8)

4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)

5. Amount of Securities Beneficially Owned At End of Issuer's Fiscal Year
(Instr. 3 and 4)

6. Ownership Form: Direct (D) or Indirect (I)
(Instr. 4)

7. Nature of Indirect Beneficial Ownership
(Instr. 4)

Amount

(A) or (D)

Price

Common Stock, $1.25 par value

12/31/2006

 

J(1)

46,254

D

(1)

1,950,534

I

See Footnotes(2)(3)

Common Stock, $1.25 par value

12/31/2006

 

J(1)

24

A

(1)

1,950,534

I

See Footnotes(2)(3)

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)

1. Title of Derivative Security
(Instr. 3)

2. Conversion or Exercise Price of Derivative Security

3. Transaction Date (Month/Day/Year)

3A. Deemed Execution Date, if any (Month/Day/Year)

4. Transaction Code
(Instr. 8)

5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4, and 5)

6. Date Exercisable and Expiration Date
(Month/Day/Year)

7. Title and Amount of Securities Underlying Derivative Security
(Instr. 3 and 4)

8. Price of Derivative Security
(Instr. 5)

9. Number of Derivative Securities Beneficially Owned at End of Issuer's Fiscal Year
(Instr. 4)

10. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 4)

11. Nature of Indirect Beneficial Ownership
(Instr. 4)

(A)

(D)

Date Exercisable

Expiration Date

Title

Amount or Number of Shares

Reporting Owners

Reporting Owner Name / Address

Relationships

Director

10% Owner

Officer

Other

BIXBY WALTER E JR REVOCABLE TRUST
C/O KANSAS CITY LIFE INSURANCE CO
3520 BROADWAY
KANSAS CITY MO 64111

 

X

 

 

Signatures

Walter E. Bixby, Co-trustee, signed by William A. Schalekamp as power of attorney

 

02/12/2007

Signature of Reporting Person

Date

Robert Philip Bixby, Co-trustee, signed by William A. Schalekamp as power of attorney

 

02/12/2007

Signature of Reporting Person

Date

Angeline I. Bixby, Co-trustee

 

02/12/2007

Signature of Reporting Person

Date

Explanation of Responses:

(1)

(1) Effective on December 31, 2006, pursuant to the mandatory provisions of the agreement of WEB Interests, Ltd. (the
"Partnership"), (a) an indirect pecuniary interest in 45,792 shares of common stock, $1.25 par value of Kansas City Life
Insurance Company ("Common Stock"), owned by the Partnership were transferred from the Walter E. Bixby, Jr. Revocable Trust
dated July 28, 1999, as amended ("WEB Trust"), in its capacity as a Class C limited partner to the Class B limited partners;
(b) an indirect pecuniary interest in 24 shares of Common Stock owned by the Partnership were transferred to the WEB Trust
in its capacity as a Class A partner from the general partners and Class C limited partners, and (c) an indirect pecuniary
interest in 462 shares of Common Stock owned by the Partnership were transferred from the WEB Trust, as a general partner of
the WEB Trust, to the Class A limited partners;

(2)

(2) As a general partner of the Partnership, the WEB Trust shares with the co-trustees of the WEB Trust, each of whom is a
general partner of the Partnership, the power to dispose of all of the 2,358,340 shares of Common Stock owned by the
Partnership but disclaims beneficial ownership in all but 1,950,536 shares owned by the Partnership as the WEB Trust only
has a pecuniary interest in 1,950,536 shares owned by the Partnership. These shares include 1,950,536 shares of Common
Stock owned by the Partnership for which the WEB Trust, as a limited partner and co-general partner of the Partnership,
shares with the co-trustees an indirect pecuniary interest; and

(3)

(3) As reported on a Schedule 13D filed by the Bixby family group with the Securities and Exchange Commission on November 2,
2004, the sole voting power for all the shares described herein is held by Mr. Lee M. Vogel pursuant to a Voting Agreement
dated October 31, 2004.

 

 

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.

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