Thursday, September 21, 2017

American Savings Life: Security, Stability & Strength

Proven

American Savings Life (ASL) was founded in 1954 (60 years ago) in Phoenix, Arizona. The company has been consistently profitable every year for over 30 years.

Financial Security

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

Compare

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 $141+, American Savings Life has over seven times more Assets per dollar of Liabilities than the average large life insurance company. This equals greater financial strength securing your annuity.

Conservative

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 12/31/2013

Company Name Solvency Ratio
American Savings Life Ins. Co. $141
Aetna Life Ins. & Annuity Co. $120
New York Life Insurance Co. $115
Northwestern Mutual Life Ins. $109
Metropolitan Life Ins. Co. $103
Prudential Ins. Co. of America $103
John Hancock Life Ins. Co. $102

* 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 1.41 times more assets than liabilities. This is over seven times greater security than the average large life insurance company!