Your Ideal Path, Your Perfect Partner

Whether you're paving the way for your own financial future or assisting others in their journey, discovering the ideal insurance company with plans tailored to your lifestyle is paramount. If you're in search of the perfect partner, the right path, and comprehensive coverage, look no further. At ELCO Mutual, we understand how to create solutions for individual financial needs and are committed to investing in your success. Let's build a better future together.

Life Insurance

A variety of solutions to fit a variety of needs.

Platinum Eagle
Golden Eagle: Whole Life
Silver Eagle: Final Expense
Preneed Insurance
Presidio Plus

Platinum Eagle: Single Premium Life

Whole life coverage with one payment ensures you leave your family financially prepared to handle any costs and prepare for their future as well.


Golden Eagle

Leave a lasting gift  for your family after you pass and ensure their financial well-being. A flexible plan with six different payment options.


Silver Eagle

Prepare for the expenses that come with the end-of-life process, such as funeral costs and outstanding debts.

Preneed Insurance

Work directly with a funeral home to preplan and fund your funeral to ensure the celebration of life you want. Plans are flexible.


Presidio Plus

Plan Ahead

Provide your loved ones with peace of mind by building a comprehensive estate plan that funds funeral expenses and creates immediate liquidity for your spouse and heirs. After someone passes away, their assets can get tied up in the probate process, leaving beneficiaries with financial uncertainty as the estate is being settled. With ELCO Mutual’s Presidio Plus suite, you can ensure that, within 48 hours of your passing, your loved ones will have the funds to cover funeral costs and more.


A variety of solutions to fit a variety of needs.

Medicaid Compliant Annuities
Guardian Eagle MYGA
Guardian Eagle FLEX

Medicaid Compliant Annuities

Medicaid compliant annuities can be strong planning tools during the end-of-life process, especially when a long-term care facility is involved.


Multi-Year Guaranteed Annuities

Keep your financial plans, but build your annuity and financial health with just one payment toward your future. With a single premium, you lock in a guaranteed interest rate to consistently grow your funds but maintain flexibility when it comes to the duration of your plan.


Guardian Eagle Flexible Annuities

Make one contribution or many, a flexible annuity lets your money grow, helps you prepare to retire, and ensures financial stability later in life. Deferred annuities mean there’s no tax until you withdraw.


We're Here to Support You

We understand that everyone's life is different, and your financial plan should reflect that. As you shape your financial future, it's important to have flexible options and solutions that fit your specific needs and goals. At ELCO Mutual, we're proud to work with agents who genuinely care about your well-being and will provide the guidance, transparency, and support you deserve.

So, let's embark on a journey towards a bright financial future together! Reach out to us today, and let's start planning for the amazing things to come.

Servicing Forms

Filter by:

Address Change Form

This form is used when you need to make a change of address to your policy/contract. .

Types of Policies/Contracts: Deferred Annuities Immediate Annuities Life Insurance

Beneficiary Changes (Annuities) Form

This form is used when making a change to the beneficiary designation on your contract.

Types of Policies/Contracts: Deferred Annuities

Beneficiary Changes (Life) Form

This form is used when making a change to the beneficiary designation on your life insurance policy.

Types of Policies/Contracts: Life Insurance

Direct Debit (ACH) Form

This form is used for paying premiums on your policy/contract electronically. This form authorizes ELCO to pull the premium from your checking or savings account.

Types of Policies/Contracts: Deferred Annuities Life Insurance

Direct Deposit Form

This form is used to set up your direct deposit* and requires a voided check.

Types of Policies/Contracts: Deferred Annuities Immediate Annuities

*When selecting a savings account, do not use the information from a deposit slip, instead have the bank send a letter with the correct routing and account numbers.

IRA and Roth IRA Disclosure

This is an informational document provided by the IRS.

Types of Policies/Contracts: Deferred Annuities Immediate Annuities

Partial Withdrawal Form

Deferred Annuities, Immediate Annuities, and Life Insurance

Types of Policies/Contracts: Deferred Annuities

Periodic Withdrawal Form

This form is used when withdrawals need to be made in increments, such as monthly interest withdrawals.

Types of Policies/Contracts: Deferred Annuities

RMD Withdrawal Form

This form is used to make the Required Minimum Distribution (RMD) on qualified contracts.

Types of Policies/Contracts: Deferred Annuities

Total Withdrawal Form

This form is used when the entire amount of the contract is being withdrawn/surrendered.

Types of Policies/Contracts: Deferred Annuities

Need General Assistance?

If you have questions about how to fill out these forms or need any other help, please call our policy services department at 1-800-321-3526.  All forms can be sent in via fax to (847) 295-6043 or by email to If you'd like to be contacted by ELCO, please fill out the form.


Subscribe to Our Blog

For the latest information about how life insurance and annuities can help you plan for a successful future, read our blog and gain unique insights into the insurance industry.


Is ELCO Mutual available in my state?

ELCO Mutual does business in 44 states and the District of Columbia. We currently do not do business in the states of Massachusetts, New Hampshire, New Jersey, New York, Rhode Island, or Vermont. Product availability may vary by state.
Getting in touch with your local agent is easy. Simply fill out the form on our Find an Agent page.
A multi-year guaranteed deferred annuity is a tax-deferred retirement vehicle that earns a fixed interest rate for predetermined length of time.


An immediate annuity is a contract that takes a lump sum, plus interest, and generates a stream of payments. The duration of these payments is either predetermined or for the life of the owner of the contract.


ELCO Mutual’s deferred annuities allow for withdrawals to be taken. For specific product features, visit our Annuities page.


No. Once an immediate annuity begins paying out, no additional funds can be taken.


A contract’s qualification refers to its tax status. Non-qualified funds are taxed on the earnings of a contract, as opposed to a qualified contract, which is taxed on the entirety of the funds.


A required minimum distribution occurs when the owner of a qualified contract (individual retirement account [IRA]) is over the age of 70 ½. The IRS requires these individuals to take a specific amount from their contract every year. Find out how an RMD is calculated at


The IRS’ form 1099 is sent to clients in January if they took a distribution the previous year.


The IRS’ form 5498 is sent out in May each year to clients with qualified funds. This form is generally for informational purposes.


Whole life insurance is a form of life insurance designed to cover the insured for the duration of their life. Payments for this form of coverage can be made for life, in a lump sum, or over a predetermined term.

Check out our article, 5 Things You Should Know If You’re Considering Whole Life Insurance, to learn more.

Term life insurance is a form of life insurance that covers the insured for a predetermined amount out time. This coverage is generally less expensive than whole life since it is temporary.


Making changes can be easy. Call our home office at (800) 321-3526 or email our policy services department at


Visit our Servicing Forms page or simply call our office at (800) 321-3526.


If you can no longer pay your policy’s premiums, please contact your agent immediately. If your agent is not available, please contact our agency department at (888) 240-3351.


Call our home office at (800) 321-3526.