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

Providing Service, Stability, & Protection Since 1946

Employees Life Company was founded in 1946 and first opened its doors in downtown Chicago, Illinois. Over the course of the past 70 plus years we have seen many changes, including three moves, two mergers, and one significant name change. Today we are known as ELCO Mutual Life and Annuity and are located in Lake Bluff, IL, which we’ve had the pleasure of calling home for over 35 years.

Here at ELCO, we define ourselves simply as service, stability, and protection. We take pride in the fact that every call is answered by an actual person, a trend that seems to be disappearing. We’ve been servicing the senior market for over 30 years and plan on continuing that tradition for years to come. We offer an array of products that can be used to help you prepare for retirement, including our line of multi-year guaranteed tax-deferred annuities and our unique portfolio of life insurance products. 

If you’re interested in an annuity, our life insurance products, or just want to know more about our company, give us a call or send us a message and we’d be happy to answer your questions.

ELCO Financial Statements

 

First Quarter Balance Sheet

2017 Annual Report

Watch Your Money Grow Safely

ELCO has policies designed for every age group.

More About Annuities

More from ELCO
Tue 7/17/18  World Day for International Justice
Tue 7/17/18  World Emoji Day
Fri 7/20/18  National Moon Day

 

ELCO Mutual is not an automotive insurance company.

If you are looking to file an automotive claim with Elco Administrative Services (Enterprise Leasing Company), please contact them using the link below.

More Information

Market Value Adjustment (MVA)

An attachment made to a deferred annuity that can either increase or decrease the interest rate depending on the current performance of the market.

#TermTuesdays 

ELCO's BBB Rating

 

ELCO Mutual Life and Annuity BBB Business Review