Policy Loan

Get a loan against your policy's cash value

Policy loans are available for any policy that has cash value. To determine what your policy's cash value is, please call American Savings Life at 480-835-5000 or toll-free at 1-800-880-2112. Once you know what cash value is available, you simply complete a Policy Loan Agreement.

POLICY LOAN AGREEMENT - You have three choices for policy loans:

  1. In cash for a specific amount
  2. In cash for the maximum cash value available
  3. To pay the premium for a policy or policies

INTEREST: The interest rate charged on policy loans varies with different policy plans. Please contact the Company to find out what interest rate your policy loan will have. Interest is charged annually in advance, so it is initially deducted from the amount of the loan.

Instructions On Requesting A Policy Loan

  1. Download a Policy Loan Request Form from below
  2. Complete the form
  3. Sign form and have another person witness your signature
  4. Mail form to the Company home office:

If you have any questions, you may call us at 480-835-5000 or toll-free at 1-800-880-2112.

For your protection, all policy loan requests will be verified with the policy owner's signature we have on file. We will contact you if there are any problems in processing your request.

Download Policy Loan Agreement Form

Download Form

Return to the Policyholder Services page