Up to 15% of the contract value can be withdrawn each year free of surrender charges. Year 1 is limited to accumulated interest only. (1-yr, 2-yr, 3-yr, 5-yr, 7-yr); Up to 15% of the contract value can be withdrawn each year free of surrender charges. Unused free-withdrawal amounts may carry forward to subsequent years. (10-yr)
Each contract is backed by the issuing carrier and the applicable state guaranty association up to that state's statutory limit.
See limits by state.
Before you decide
Let us mail you our Verification Checklist.
It shows you how to check ELCO Mutual for yourself — what your state guarantees if the carrier ever fails, what you can take out early and what that costs.
