Company Details

  ELCO MUTUAL LIFE AND ANNUITY License Status :
Active

NAIC Number :

84174


Phone Number:

8472956000


Company Address:

916 Sherwood Drive 
Lake Bluff, IL  60044-2285

Description:

Life and Health


License Number:

A418035


Date Admitted:

1983-04-21


Market Share

Link to Supplemental Data Page

Year Line Market Share Direct Premium Written Direct Premium Earned Direct Losses Paid Direct Losses Incurred Loss Ratio
2023 Total Life 0.14% $19,568,644 $0 $17,864,771 $0 N/A
2023 Total Individual Life 0.20% $19,568,644 $0 $17,864,771 $0 N/A
2023 Individual Whole Life 0.01% $81,340 $0 $72,785 $0 N/A
2023 Individual Term Life 0.00% $3,252 $0 $0 $0 N/A
2023 Individual Ordinary Annuities 0.02% $534,091 $0 $4,804,911 $0 N/A
2023 Individual Deposit-Type Funds 1.44% $18,949,961 $0 $12,987,075 $0 N/A
2022 Total Life 0.10% $13,900,195 $0 $16,019,013 $0 N/A
2022 Total Individual Life 0.14% $13,900,195 $0 $16,019,013 $0 N/A
2022 Individual Whole Life 0.02% $149,502 $0 $1,534 $0 N/A
2022 Individual Term Life 0.00% $7,559 $0 $50,000 $0 N/A
2022 Individual Ordinary Annuities 0.20% $4,720,315 $0 $7,277,929 $0 N/A
2022 Individual Deposit-Type Funds 0.89% $9,022,819 $0 $8,689,550 $0 N/A
2021 Total Life 0.12% $15,109,029 $0 $18,284,813 $0 N/A
2021 Total Individual Life 0.19% $15,109,029 $0 $18,284,813 $0 N/A
2021 Individual Whole Life 0.02% $172,000 $0 $106,186 $0 N/A
2021 Individual Term Life 0.00% $8,995 $0 $0 $0 N/A
2021 Individual Ordinary Annuities 0.35% $5,414,653 $0 $7,175,691 $0 N/A
2021 Individual Deposit-Type Funds 10.38% $9,513,381 $0 $11,002,936 $0 N/A

Enforcements

The department has not taken enforcement action against this company in the past three years.

Link to Enforcements Page


Complaint Index

Year Line Market Share Number of Complaints Complaint Index
2023 Life and Annuities 0.05% 0 0
2022 Life and Annuities 0.05% 0 0
2021 Life and Annuities 0.06% 0 0


Company Changes

Effective Date: 06/24/2013

Comments: Effective 6/24/2013 Employees Life Company (Mutual) changed its name to ELCO Mutual Life and Annuity


Market Conduct

This company does not have any market conduct exams or investigations.


Financial Exams

This company does not have any financial exams.