Financial Ratings
About ELCO Mutual Life & Annuity
ELCO Mutual Life and Annuity is a mutual insurance company founded in 1946 in Chicago, Illinois. Now headquartered in Lake Bluff, Illinois, ELCO specializes in life insurance and annuity products, serving clients across the United States. As a mutual company, it is owned by its policyholders, allowing profits to contribute to annual dividends for eligible contracts. ELCO emphasizes personalized service, stability, and protection, aiming to provide reliable financial solutions for individuals and families.
Financial Ratings
Live from CANNEXRating Agency
A.M. Best
Rating
B++
Description
Good
Effective
June 28, 2023
Rating Analysis
ELCO Mutual Life and Annuity holds solid financial strength ratings, including a B++ (Good) from A.M. Best, BBB from KBRA, and a B from Weiss Ratings. These indicate the company maintains a stable outlook and a good ability to meet its insurance obligations.
ELCO Mutual Life & Annuity Products
Fixed Indexed Annuities
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View Products→Immediate Annuities (SPIA)
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View Products→Deferred Income Annuities (DIA)
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