For 70 years, ELCO Mutual Life and Annuity has helped individual customers grow and protect their investments. Today, ELCO is known for its outstanding customer service and for providing seniors with specialized products.
ELCO defines itself as “service, stability, and protection since 1946.”
ELCO offers 3 annuity types including FPDA, SPDA, and SPIA.
ELCO designed its deferred annuities to be straightforward and provide all benefits at no additional cost to the client. Its SPDA contract offers many different term options, plus guaranteed interest rates for that term. Finally, the SPIA option allows clients to ensure income for life.