5 Annuity Companies To Avoid

4. ELCO Mutual Life & Annuity

AM Best Rating: B+

Comdex Score: 35

ELCO Mutual Life & Annuity is based in Lake Bluff, Illinois.

The company offers flexible premium differed annuities, single premium deferred annuities, and Medicaid Compliant annuities. It has a BBB- rating at KBRA and a B+ at A.M. Best, alongside a Comdex score of 35.