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2 min read

Department of One | ELCO Mutual

The Society for Human Resources Management (SHRM) met again in 2017, representing 285,000 members in more than 165 countries. Among them, our very own Lori Lemme. Lori has been our representative at t...

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Feb 26, 2018 | 1 min read

ELCO Mutual's Sand Volleyball Team

Volleyball has been a growing sport in the United States since its creation in 1895 by a YMCA physical education director named William G. M...

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Dec 13, 2017 | 3 min read

Santa’s For Seniors

2017 has been a year of many firsts for ELCO. From new product offerings for our clients, development of a new Marketing Department, to havi...

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Oct 27, 2017 | 5 min read

Two Women Talk About Breast Cancer and The Power To Fight It

Breast Cancer Awareness Month, also referred to in America as National Breast Cancer Awareness Month (NBCAM), is an annual international hea...

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Oct 27, 2017 | 3 min read

2017 W.D. Bruce Invitational

A tradition reignited 2017 has been a benchmark year for ELCO Mutual in many ways. Accomplishments such as the birth of the new Marketing De...

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Sep 26, 2017 | 4 min read

Accountants find a Home at ELCO Mutual

Many have heard the expression, “Home is where the heart is”. I’ve heard a version of that expression used in a few different ways these las...

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Sep 19, 2017 | 1 min read

ELCO School Supply Drive

Earlier this month, ELCO employees and their families banded together to collect school supplies for Miguel Juarez Middle School in Waukegan...

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Aug 28, 2017 | 1 min read

Phishing In The Storm

Due to the impact and financial loss of Hurricane Harvey, many unscrupulous individuals may seek to take advantage of those looking to donat...

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May 15, 2017 | 3 min read

Nice Guys Finish First

There is compelling evidence for a revolutionary way of thinking about personal success in business, dealing with friends and family, raisin...

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Apr 26, 2017 | 2 min read

Turning Ideas Into Reality

What does a former UPS package handler, construction worker, farmer, bouncer, and benefit administrator have in common? Until these guys sta...

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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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