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American Savings Life Insurance Company : ウィキペディア英語版 | American Savings Life Insurance Company
American Savings Life Insurance Company (ASLIC or American Savings) is an Arizona based life insurance company that offers life insurance and annuity products within Arizona〔Search for American Savings Life on the (Arizona Department of Insurance ) website〕 and Utah. == History and Business Model == American Savings Life Insurance Company, or ASLIC, was founded in 1954 by Frihoff N. Allen, a long-time life insurance salesman. He believed there were two main problems with many large life insurance companies: (1) they had bloated or unnecessary expenses and (2) they had many "hands in the pie." These two factors resulted in the benefits paid out of each policy sale becoming watered down for the customer. Allen became determined to create a life insurance company with a business model of operating very lean, without layers of management and expensive overhead, and then passing those savings on to the customer through better products. Today, current management of ASLIC maintains this same business model. Evidence of this is shown in both ASLIC's financial statements 〔American Savings Life Insurance Company's (financial profile )〕 through low operating expenses and high profit margins as well as the current life insurance and annuity products being sold today.〔(Grand Slam Life Insurance Plan ) website〕
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