Annuity Products

Ensure Financial Stability with the Right Annuity Products

You want to have money available in the later years of your life, and an annuity is a great way to make that goal a reality. We offer three types so there are options to fit your life and your current financial situation.
Learn More About Annuities

Our Annuities

FLEXIBLE PREMIUM DEFERRED ANNUITY

Build your money over time with this tax deferred annuity that can be funded by a single contribution or multiple payments. This lets you customize your retirement planning strategy by ensuring you’ll see continued financial growth.

SINGLE PREMIUM DEFERRED ANNUITY

Accumulate funds faster by utilizing the power of tax deferral. By contributing a single payment to this annuity, your funds will grow at a guaranteed rate for whichever term you choose.

MEDICAID COMPLIANT ANNUITIES

Avoid draining your assets from the uncertain financial costs of nursing facilities. Medicaid compliant annuities pay an annuitant over a fixed period of time and help you accelerate financial eligibility for Medicaid benefits.

Why choose an ELCO Mutual annuity?

With an annuity through ELCO Mutual, you are in the driver's seat, which means the choices are yours. Our annuities are designed with you in mind, so we offer different terms and interest rates to suit your style.

An ELCO Mutual annuity can help you accumulate funds without exposure to the risks you may face with stocks. All of our annuities are available for non-qualified as well as individual retirement accounts (IRAs). Some of our annuities are also available as Roth IRA plans.

Wondering which annuities you're eligible to purchase?

Use our interactive map to find out which products are available in your state.

Available Annuity Options by State

Alabama

×

The following plans are available in Alabama:

  • Single Premium Deferred Annuity
  • Flexible Premium Deferred Annuity
  • Single Premium Immediate Annuity
Contact Us

Alaska

×

The following plans are available in Alaska:

  • Single Premium Deferred Annuity
  • Single Premium Immediate Annuity
Contact Us

Arizona

×

The following plans are available in Arizona:

  • Single Premium Deferred Annuity
  • Flexible Premium Deferred Annuity
  • Single Premium Immediate Annuity
Contact Us

Arkansas

×

The following plans are available in Arkansas:

  • Single Premium Deferred Annuity
  • Flexible Premium Deferred Annuity
  • Single Premium Immediate Annuity
Contact Us

California

×

The following plans are available in California:

  • Single Premium Deferred Annuity
Contact Us

Colorado

×

The following plans are available in Colorado:

  • Single Premium Deferred Annuity
  • Flexible Premium Deferred Annuity
  • Single Premium Immediate Annuity
Contact Us

Connecticut

×

There are currently no plans available in Connecticut.

Delaware

×

The following plans are available in Delaware:

  • Single Premium Deferred Annuity
  • Flexible Premium Deferred Annuity
  • Single Premium Immediate Annuity
Contact Us

District of Columbia

×

The following plans are available in District of Columbia:

  • Single Premium Deferred Annuity
  • Single Premium Immediate Annuity
Contact Us

Florida

×

The following plans are available in Florida:

  • Single Premium Deferred Annuity
  • Flexible Premium Deferred Annuity
  • Single Premium Immediate Annuity
Contact Us

Georgia

×

The following plans are available in Georgia:

  • Single Premium Deferred Annuity
  • Flexible Premium Deferred Annuity
  • Single Premium Immediate Annuity
Contact Us

Hawaii

×

The following plans are available in Hawaii:

  • Single Premium Deferred Annuity
  • Single Premium Immediate Annuity
Contact Us

Idaho

×

The following plans are available in Idaho:

  • Single Premium Deferred Annuity
  • Flexible Premium Deferred Annuity
  • Single Premium Immediate Annuity
Contact Us

Illinois

×

The following plans are available in Illinois:

  • Single Premium Deferred Annuity
  • Flexible Premium Deferred Annuity
  • Single Premium Immediate Annuity
Contact Us

Indiana

×

The following plans are available in Indiana:

  • Single Premium Deferred Annuity
  • Flexible Premium Deferred Annuity
  • Single Premium Immediate Annuity
Contact Us

Iowa

×

The following plans are available in Iowa:

  • Single Premium Deferred Annuity
  • Flexible Premium Deferred Annuity
  • Single Premium Immediate Annuity
Contact Us

Kansas

×

The following plans are available in Kansas:

  • Single Premium Deferred Annuity
  • Flexible Premium Deferred Annuity
  • Single Premium Immediate Annuity
Contact Us

Kentucky

×

The following plans are available in Kentucky:

  • Single Premium Deferred Annuity
  • Flexible Premium Deferred Annuity
  • Single Premium Immediate Annuity
Contact Us

Louisiana

×

The following plans are available in Louisiana:

  • Single Premium Deferred Annuity
  • Flexible Premium Deferred Annuity
  • Single Premium Immediate Annuity
Contact Us

Maine

×

The following plans are available in Maine:

  • Single Premium Deferred Annuity
  • Flexible Premium Deferred Annuity
  • Single Premium Immediate Annuity
Contact Us

Maryland

×

The following plans are available in Maryland:

  • Single Premium Deferred Annuity
  • Flexible Premium Deferred Annuity
  • Single Premium Immediate Annuity
Contact Us

Massachusetts

×

There are currently no plans available in Massachusetts.

Michigan

×

The following plans are available in Michigan:

  • Single Premium Deferred Annuity
  • Flexible Premium Deferred Annuity
  • Single Premium Immediate Annuity
Contact Us

Minnesota

×

The following plans are available in Minnesota:

  • Single Premium Deferred Annuity
  • Flexible Premium Deferred Annuity
  • Single Premium Immediate Annuity
Contact Us

Mississippi

×

The following plans are available in Mississippi:

  • Single Premium Deferred Annuity
  • Flexible Premium Deferred Annuity
  • Single Premium Immediate Annuity
Contact Us

Missouri

×

The following plans are available in Missouri:

  • Single Premium Deferred Annuity
  • Flexible Premium Deferred Annuity
  • Single Premium Immediate Annuity
Contact Us

Montana

×

The following plans are available in Montana:

  • Single Premium Deferred Annuity
  • Single Premium Immediate Annuity
Contact Us

Nebraska

×

The following plans are available in Nebraska:

  • Single Premium Deferred Annuity
  • Flexible Premium Deferred Annuity
  • Single Premium Immediate Annuity
Contact Us

Nevada

×

The following plans are available in Nevada:

  • Single Premium Deferred Annuity
  • Single Premium Immediate Annuity
Contact Us

New Hampshire

×

There are currently no plans available in New Hampshire.

New Jersey

×

There are currently no plans available in New Jersey.

New Mexico

×

The following plans are available in New Mexico:

  • Single Premium Deferred Annuity
  • Flexible Premium Deferred Annuity
  • Single Premium Immediate Annuity
Contact Us

New York

×

There are currently no plans available in New York.

North Carolina

×

The following plans are available in North Carolina:

  • Single Premium Deferred Annuity
  • Flexible Premium Deferred Annuity
  • Single Premium Immediate Annuity
Contact Us

North Dakota

×

The following plans are available in North Dakota:

  • Single Premium Deferred Annuity
  • Single Premium Immediate Annuity
Contact Us

Ohio

×

The following plans are available in Ohio:

  • Single Premium Deferred Annuity
  • Flexible Premium Deferred Annuity
  • Single Premium Immediate Annuity
Contact Us

Oklahoma

×

The following plans are available in Oklahoma:

  • Single Premium Deferred Annuity
  • Flexible Premium Deferred Annuity
  • Single Premium Immediate Annuity
Contact Us

Oregon

×

The following plans are available in Oregon:

  • Single Premium Deferred Annuity
  • Single Premium Immediate Annuity
Contact Us

Pennsylvania

×

The following plans are available in Pennsylvania:

  • Single Premium Deferred Annuity
  • Flexible Premium Deferred Annuity
  • Single Premium Immediate Annuity
Contact Us

Rhode Island

×

There are currently no plans available in Rhode Island.

South Carolina

×

The following plans are available in South Carolina:

  • Single Premium Deferred Annuity
  • Flexible Premium Deferred Annuity
  • Single Premium Immediate Annuity
Contact Us

South Dakota

×

The following plans are available in South Dakota:

  • Single Premium Deferred Annuity
  • Single Premium Immediate Annuity
Contact Us

Tennessee

×

The following plans are available in Tennessee:

  • Single Premium Deferred Annuity
  • Flexible Premium Deferred Annuity
  • Single Premium Immediate Annuity
Contact Us

Texas

×

The following plans are available in Texas:

  • Single Premium Deferred Annuity
  • Flexible Premium Deferred Annuity
  • Single Premium Immediate Annuity
Contact Us

Utah

×

The following plans are available in Utah:

  • Single Premium Deferred Annuity
  • Flexible Premium Deferred Annuity
  • Single Premium Immediate Annuity
Contact Us

Vermont

×

There are currently no plans available in Vermont.

Virginia

×

The following plans are available in Virginia:

  • Single Premium Deferred Annuity
  • Flexible Premium Deferred Annuity
  • Single Premium Immediate Annuity
Contact Us

Washington

×

The following plans are available in Washington:

  • Single Premium Deferred Annuity
  • Single Premium Immediate Annuity
Contact Us

West Virginia

×

The following plans are available in West Virginia:

  • Single Premium Deferred Annuity
  • Flexible Premium Deferred Annuity
  • Single Premium Immediate Annuity
Contact Us

Wisconsin

×

The following plans are available in Wisconsin:

  • Single Premium Deferred Annuity
  • Flexible Premium Deferred Annuity
  • Single Premium Immediate Annuity
Contact Us

Wyoming

×

The following plans are available in Wyoming:

  • Single Premium Deferred Annuity
  • Flexible Premium Deferred Annuity
  • Single Premium Immediate Annuity
Contact Us

Contact Our Annuity Experts