Founded in 1954 in Phoenix, AZ, American Savings Life is a niche life insurance carrier that offers top-paying annuities and whole life insurance. Their competitive advantage lies in investing the majority of their assets in their own conservative yet profitable commercial real estate loan products, which allows them to pay higher interest rates on their annuities and provide competitive life insurance products. Their policy benefits include permanent life insurance, lock-in low annual premiums, coverage for children with health issues, and a money-back guarantee. ASL's insurance and annuity products are currently available exclusively to Arizona and Utah residents and are sold through a limited number of directly appointed independent insurance agents.