Talk To A Person: 800.321.3526 | Claims: 800.962.8610 | Agency / New Business: 888.872.7954

Providing Service, Stability, & Protection Since 1946

ELCO Mutual Life and Annuity, formerly Employees Life Company (Mutual), is a life insurance and annuity company that has been servicing the needs of many since 1946.

Being a mutual company all profits accumulate for the benefit of its policyholders.  ELCO is a well-known niche marketer. We have pioneered products such as polio and cancer indemnification plans as well as various specialized life programs.  Today ELCO is among the leaders in fixed deferred annuity interest rates. For more than thirty years it has concentrated on developing products to provide seniors with successful solutions to survival and estate planning. ELCO has policies designed for every age group. Our ability to create new products quickly has always been a big plus for the agency department as well as established marketers seeking a worthy partner for a new venture.  

More About Us

ELCO's 2016 Annual Statement

Annual Report (2016 Year-End) Brochure  NEW!

See More

Watch Your Money Grow Safely

ELCO has policies designed for every age group.

More About Annuities

New Flexible Premium

Deferred Annuity (FPDA)

Why get a Flexible Premium Deferred Annuity? The FPDA allows additional contributions at any time, with Non-Qualified, IRA, and Roth IRA contracts available. ELCO can accommodate everyone!  The FPDA can be used for many different things, such as; accumulating funds for a child or grandchild, planning for retirement, or any other long term plans. If someone is over 70 ½ and has an IRA, they will be required by the IRS to take a Required Minimum Distribution (RMD). Many IRA holders do not have a need for such withdrawals.  Placing RMD funds into an ELCO FPDA allows for continued growth and earnings.  If you own an ELCO IRA, you can set your RMDs to automatically fund your FPDA every year.

See More

More from ELCO
ELCO Celebrates National Employee Appreciation Day.

Thanks to all of our employees for their dedication.

Read More

Who You Are Working With


ELCO's Staff Directory

Not To Be Confused With...

ELCO Mutual Life and Annuity is NOT associated with Enterprise Leasing Company --OR-- ELCO Insurance Services.

More Information

ELCO's BBB Rating


ELCO Mutual Life and Annuity BBB Business Review