American Savings: Honoring Commitments since 1954

Mission Statement

OUR MISSION is to provide superior value to our policyholders and customers through niche life insurance, annuities and real estate financing. Together with our conservative investment principles, these services provide exceptional security for our policyholders, attractive returns to our shareholders and opportunities of growth and success for our employees.

Who We Are

American Savings Life Insurance Company (ASL), founded in 1954 in Phoenix, Arizona, is a widely-held life insurance company with over 1,000 shareholders. We continue our half century tradition of being an Arizona-based, family-managed life insurance company that specialized in niche life insurance and fixed annuity products.

We also have a time-proven strategy of investing in real estate financing. As with our insurance business, we only offer niche loan products by financing non-conforming properties or borrowers that have sufficient equity for us to only lend approximately half of the property’s value.

Our wholly-owned subsidiary company, American Life Financial Corporation (ALF), is a licensed Arizona mortgage banker (AZ BK-0909357) and is the mortgage lending arm of ASL.

Proven Record

Since 1954 we have been honoring our commitments and providing superior niche life insurance and lending products. Our long-standing conservative principles offer both our policyholders and shareholders security and peace of mind.

As a result of our low overhead and our successful time-proven niche investments in conservative real estate lending we are able to profitably pay higher than average interest rates on our insurance and annuity products. Even when the real estate market suffers declining values we are much better secured than most banks and lenders since we typically only loan about half of a property’s value at the time we make a loan.

Due to the Company’s long standing conservative investment principles we have managed to remain financially strong through the ups and downs the economy has seen over the past 55 years.

Our financial strength is noted in an analysis done by Standard Analytical Service, Inc., which is an independent company that produces Independent Comparative Reports for life insurance companies. This report compares the top 25 of the largest life insurance companies in the United States to American Savings.

They found that American Savings is favorable in comparison with the aggregate averages of 25 of the largest life insurance companies for the following reasons:

American Saving’s Financial Solvency Ratio is significantly greater than the overall industry. The Financial Solvency Ratio indicates a company’s ability to meet all obligations as they become due.

They also cited that a company’s Surplus Funds, including any capital, may indicate their ability to take emergencies in stride. It shows the proportion of surplus funds to the policy reserve liabilities. The average of the Top 25 Companies is $11.76 per $100 of Policy Reserves and American Savings is at $230.12.

Copies of the Independent Comparative Report are available upon request.