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Denali Bonus 10 with Evolve (CA Only)

SILAC Insurance Company, previously referred to as Equitable Life & Casualty Insurance Company, has become a top-tier provider of annuity products for retirement savings. Founded in 1935, the company strives to help customers reach their financial objectives in retirement by offering state-of-the-art annuities. SILAC’s standout products are its fixed-indexed annuities and multi-year guaranteed annuities, which are designed to provide growth potential and consistent income streams. With a rating of B+ from A.M. Best, the company has shown a strong operating performance for almost a century.

Denali Bonus 10 with Evolve (CA Only)

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Your State

Investment

Your Gender

Your Age

Retire At

No agent will call you

About Product

Type

Fixed Index

Purpose

Lifetime Income

Premium Bonus

11%

Term

10 Years

Surrender schedule

8.1%

7.25%

6.35%

5.5%

4.6%

3.7%

2.75%

1.85%

0.9%

0.5%

Fee withdrawal:

10%

Market Value Adjustment

Yes

Return Of Premium

Minimum Contribution

$10,000

Maximum Contribution

$1,000,000

Max Age Qualified

Types Of Funds

Non-Qualified, 401k, IRA, IRA Rollover, IRA Transfer, TSA 403b, SEP IRA, IRA-Roth, 1035 Exchange, Stretch IRA, and TSP

Launch Date

06/08/2020

The Denali Bonus Series is designed to help meet your long-term retirement savings needs. It includes a withdrawal charge period. If you withdraw more than the free amount allowed during the withdrawal charge period, a withdrawal charge, market value adjustment and bonus recovery, if applicable, will be applied.

Available in states: CA

Allocation Accounts

Name	Type	Rates
1-Year Nasdaq Generations 5 Boost Spread	Boost Annual	1.75% Spread
1-Year Barclays Atlas 5 Boost Spread	Boost Annual	1.5% Spread
1-Year S&P 500 RavenPack AI PTP Boost Spread	Boost Annual	2% Spread
1-Year Fixed Account	Fixed	3% Fixed
1-Year S&P 500 PTP Participation Rate	Point to Point Annual	37% Participation
1-Year Nasdaq Generations 5 PTP Participation Rate	Point to Point Annual	137% Participation
1-Year S&P 500 PTP Cap	Point to Point Annual	5.5% Cap
1-Year S&P 500 PTP Monthly Sum Cap	Point to Point Annual Monthly sum	1.85% Cap
1-Year Barclays Atlas 5 PTP Participation Rate	Point to Point Annual	135% Participation
1-Year S&P 500 PTP Monthly Average Participation Rate	Point to Point Annual Monthly average	70% Participation
1-Year S&P 500 RavenPack AI PTP Participation Rate	Point to Point Annual	145% Participation
1-Year S&P 500 Duo Swift PTP Participation Rate	Point to Point Annual	50% Participation

Surrender schedule

Year	1	2	3	4	5	6	7	8	9	10
Penalty	8%	7%	6%	6%	5%	4%	3%	2%	1%	1%

Riders

Name	Inbuilt	Fee
Denali Bonus with Evolve ELWB Level	Yes
Denali Bonus with Evolve ELWB Increasing	Yes

Waivers

No Waivers for Denali Bonus 10 with Evolve (CA Only) annuity.

Premium Notes

Minimum Premium

$10,000 Qualified and Non-Qualified
Additional premiums allowed 1st 12 months. (Minimum Additional Premium: $2,000). Additional premiums accepted as both, Lump Sum or Periodic payments.

Withdrawal Provisions

Free withdrawalsEach year after the first policy year, you may withdraw up to 10% of your account value (as of the most recent policy anniversary). Free withdrawals will not be subject to withdrawal charges, market value adjustments or bonus recovery percentages, if applicable. One non-systematic free withdrawal allowed per year.

Company Founded: 1935

Average Rated Company

SILAC Insurance Company

Company Ratings

4.7