Life Insurance Policy Information

Insurance for Your Lifestyle

Life insurance is typically used to safeguard your family from the financial strain of a family member's passing. Unfortunately, in many situations, this type of financial planning is postponed until it’s too late. Preparing for an event like this can be difficult, but it is an essential part of an effective financial plan.

To make this process easier, we offer life insurance products that can help with many of your family's needs. Our policies are available for people ages 6 months to 85 years old.

Find the Right Plan

Whole Life Insurance

With a whole life insurance plan, you have the ability to accumulate cash value over time—which means you can easily accumulate more money for the future. With various policies included in this type of plan, you can receive coverage for life, increase your estate, easily transfer wealth to beneficiaries, and prepare for financial stability for yourself and your family members in the years to come.

View Policies at a Glance

PRENEED

Take the burden of funeral arrangements off of your family members when you work with a funeral home to put the necessary plans in place before you pass.

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FINAL EXPENSE

Put your end-of-life expenses in order and relieve your loved ones of this additional responsibility.

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PLATINUM EAGLE: SINGLE PREMIUM LIFE

Learn how you can pass on a gift to those you love with whole life coverage funded by just one payment.

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GOLDEN EAGLE

Pass benefits on to your loved ones after your death with permanent coverage at a rate that will never increase.

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Insurance Questions Answered

Sorting through insurance information can be tedious, but we’re here to make your decision easier. Find the answers to some of your most important questions so you can confidently plan for your future.

Commonly Asked Questions

Myths About Life Insurance

Do you think you don’t need life insurance because you’re currently covered through your employer? Have you been told that people without children don’t need an insurance policy? Download our free ebook to read some of the myths surrounding life insurance and get to the facts about why a policy can put you on the path to a secure future.

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Start Your Journey to Complete Coverage

Ready to find a policy?

Contact a member of the ELCO Mutual team today for assistance finding the insurance plan that fits your needs now and prepares you for what’s next.

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ELCO Mutual and its representatives are not legal or certified tax professionals. For tax and/or legal advice, please contact a licensed professional. ELCO Mutual contracts with independent licensed insurance producers and does not guarantee nor certify them as financial planners. Continue Reading Not insured by the FDIC or associated with any government program or agency. Annuities are not associated with a bank. Withdrawals taken from annuities before the age of 59 1/2 are subject to the IRS's 10% excise tax. Individual Retirement Accounts (IRAs) cannot be opened past age 70 ½. Dividends are declared by the company's board of directors and are not guaranteed. When purchasing a single premium whole life policy, please note that the policy is a Modified Endowment Contract (MEC). Any distributions taken by the owner may be taxable (including from the accelerated death benefit rider). Death benefits for life insurance contracts are contingent on any due premiums being paid. The information on this website is intended for informational and educational purposes only and is not intended to provide investment advice or a recommendation. Clients seeking advice should consult a licensed professional. All life insurance policies and annuities are underwritten and issued by ELCO Mutual Life and Annuity. Also known as ELCO Mutual Life and Annuity Company in Florida. Policy Forms: Platinum Eagle: ICC19-SPL-19, Golden Eagle: ICC19-WLP-19, Silver Eagle: ICC19-FE19 and ICC19-MWL19, Preneed: PNGI-02 and PMP99R2, Guardian Eagle Single Premium: ICC19-MYGA[term length]-19, Guardian Eagle Flexible Premium: ICC16-FPA16, and Immediate Annuities: SPIA11 and ICC17-AIFXB17. Policy forms may vary by state. View Less