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2 min read

W.D. Bruce's Golf Legacy

In honor of National Golf Month, we want to take this time to celebrate ELCO’s most experienced golfer, W.D. Bruce. He is our Chairman Emeritus and golfed for over 50 years. What started as a hobby qu...

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Jun 23, 2021 | 1 min read

ELCO Earns AM Best Rating Increase

We are pleased to announce that AM Best, the world’s most tenured insurance rating agency, has upgraded ELCO Mutual’s financial strength rat...

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Jun 01, 2021 | 2 min read

Bob Bruce: ELCO’s Inspiration to Run on Global Running Day

Each year on the first Wednesday of every month, people come together to celebrate the global phenomenon known as Global Running Day. What s...

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Jan 11, 2021 | 1 min read

ELCO Mutual Hires Chief Strategy Officer

Tim Heaton joins ELCO Mutual as Senior Vice President and Chief Strategy Officer.

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Jan 04, 2021 | 1 min read

ELCO Mutual Hires National Sales Directors of Preneed

We are proud to announce that Jim Palm and Julie Palm will become the National Sales Directors of Preneed for ELCO Mutual Life and Annuity, ...

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Mar 23, 2020 | 1 min read

ELCO Mutual's COVID-19 Response

UPDATE: April 2020 ELCO Mutual Life and Annuity's team remains strong as the implementation of the company's Pandemic Policy has provided a ...

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Mar 16, 2020 | 1 min read

Annual Policyholder's Meeting Change

During the beginning of 2020, ELCO Mutual's Board of Directors met for their quarterly meeting. Many positive changes came from this first m...

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Aug 01, 2019 | 1 min read

Get Involved With the Midwest Veterans Closet

It’s hard to argue with the fact that numbers are a part of our everyday life. The number 497.6, may not mean much to you or me today, but f...

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Better Future Secondary White-Gold

ELCO Mutual has been assisting seniors with our financial planning since 1946 and counting. Our goal has remained the same throughout our long history: to provide personalized service, consumer friendly products, and stability for our policyholders.

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Contact Us

Address:
916 Sherwood Drive
Lake Bluff, IL 60044

ELCO Business Hours:
Monday - Thursday 8 am - 4:30 pm (CST)
Friday 8 am - 1 pm (CST)

Talk to Us: 800.321.3526
Agency: 888.240.3351
PHS Fax: 847.295.6043
NB Fax: 847.295.6342
Claims Fax: 847.295.1145

© 2025 All rights reserved.

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. 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 the age in which Required Minimum Distributions (RMDS) begin. 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, ICC21-GBWL21, ICC19-MWL19, ICC21-GIWL21m ICC21-SPLR21), Preneed: (PNMPSI20, PNMPGI20, PNSPL20), DFD: (DFD21, DFD0113), Presidio Plus: (ICC21-TSPL21), 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.
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