Ratings:

A.M. Best B
Comdex 35

James Alden

Experienced Financial Advisor

25 years

experience

3,712

career consultations

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Denali Bonus 7 (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 7 (CA Only)

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Ratings:

A.M. Best B
Comdex 35

About Product

Type

Fixed Index

Purpose

Lifetime Income

Premium Bonus

Term

7 Years

Surrender schedule

8.1%7.2%6.35%5.5%4.6%3.7%2.75%

Fee withdrawal:

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 PTP Boost Spread	Boost Annual	1.5% Spread
1-Year S&P 500 RavenPack AI PTP Boost Spread	Boost Annual	1.75% Spread
1-Year Barclays Atlas 5 PTP Boost Spread	Boost Annual	1.5% Spread
1-Year Fixed Account	Fixed	3% Fixed
1-Year Nasdaq Generations 5 PTP Participation Rate	Point to Point Annual	132% Participation
1-Year S&P 500 RavenPack AI PTP Participation Rate	Point to Point Annual	140% Participation
1-Year S&P 500 PTP Participation Rate	Point to Point Annual	35% Participation
1-Year S&P 500 PTP Cap	Point to Point Annual	5.25% Cap
1-Year S&P 500 PTP Monthly Sum Cap	Point to Point Annual Monthly sum	1.75% Cap
1-Year Barclays Atlas 5 PTP Participation Rate	Point to Point Annual	130% Participation
1-Year S&P 500 PTP Monthly Average Participation Rate	Point to Point Annual Monthly average	65% Participation
1-Year S&P 500 Duo Swift PTP Participation Rate	Point to Point Annual	47% Participation

Surrender schedule

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

Riders

Name	Inbuilt	Fee
Denali Bonus with Lifetime Withdrawal Benefit	Yes

Waivers

No Waivers for Denali Bonus 7 (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.

Note: we take TSP as a rollover to IRA.

Withdrawal Provisions

Free withdrawals
Each year after the first policy year, you may withdraw up to 5% 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.