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 email us and we’d be happy to answer your questions.

ELCO's 2017 Third Quarter Statement

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Annual Report (2016 Year-End) Brochure 


Report from Standard Analytical Service

Interested in ELCO’s financial strength? Then read Standard Analytical’s “Independent Comparative Report” for 2016.


Watch Your Money Grow Safely

ELCO has policies designed for every age group.

More About Annuities

More from ELCO

Please remember that December is the last month you can satisfy your Required Minimum Distribution (RMD). If you have an IRA and are over 70 1/2, you may have an RMD to be taken before yearend. Please contact your local representative or call the home office to determine the status of your distribution.

ELCO Will Assist Those In Natural Disaster Areas

See Links below for State Specifics.



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