Why American Savings Life

American Savings Life: Security, Stability & Strength


American Savings Life (ASL) was founded in 1954 in Phoenix, Arizona. The company has been consistently profitable every year for decades, proving our ability to withstand even major economic recession years.

Financial Security

American Savings Life's commitment to conservative, profitable investments provides its policyholders with exceptional security.


Compare ASL's "Solvency Ratio" (assets-vs-liabilities) with some of the biggest insurance companies and you will see that our financial security, dollar-for-dollar, is unmatched!

With a Solvency Ratio of $119.14, American Savings Life has over five times more Assets per dollar of Liabilities than the average large life insurance company. This equals greater financial strength, dollar-for-dollar, securing your annuity or life insurance.


American Savings Life is able to profitably pay higher rates than the competition in large part due to our low overhead business model. ASL was founded on principles of frugality and conservatism, which continue to be our guiding principles today.

Comparison of Life Insurance Company Solvency Ratios*

Information as of 12/31/2023
Company Name Solvency Ratio
American Savings Life Ins. Co. $119.14
Penn Mutual Life Insurance Co. $110.28
New York Life Insurance Co. $112.24
Nationwide Life Insurance Co. $106.77
Metropolitan Life Insurance Co. $103.49
Prudential Ins. Co. of America $105.67
United of Omaha $106.58

* A Solvency Ratio is the amount of assets a company has for every $100 of Liabilities (obligations). This ratio is an indication of the company's ability to withstand asset devaluation and still meet obligations when they come due.

Information sourced from an Independent Comparative Report from Standard Analytical Service, Inc.

What does this mean?

This means that American Savings Life Ins. Co. has $119.14 of assets for every $100 of liabilities (obligations).

20 Years Net Income
20 Years Equity
Total Assets