Policy Loan

Get a loan against your life insurance policy's cash value

To determine what your policy's cash value and loan availability, please contact American Savings Life at (480) 835-5000 or toll-free at (800) 880-2112 or email@AmericanSavingsLife.com.

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

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

INTEREST RATE CHARGED: The interest rate charged on policy loans varies with different policy plans. Please contact our Home Office or refer to your life insurance policy 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

To obtain a loan against your policy’s cash value, the Owner would need to do the following:

  1. Send the original signed Policy Loan Request Form (download form below)
  2. Mail or deliver to our Home Office at:
    American Savings Life Insurance Company
    935 E. Main Street, Suite 100
    Mesa, AZ 85203-8849

If you have any questions, you may call our Home Office at (480) 835-5000 or toll-free at (800) 880-2112.

Download the life insurance policy loan request form

Policy Loan Request Form