SILAC
A Salt Lake City-based annuity specialist - founded in 1935 as Equitable Life & Casualty and rebranded SILAC in 2020 - that has become one of the faster-growing fixed and fixed-indexed annuity carriers in the independent channel.
Financial strength
B
AM Best
BBB-
Fitch
B (under review)
AM Best B (Fair), currently under review with developing implications; Fitch rates SILAC BBB- with a stable outlook.
Privately held
Operates as a privately held insurer under SILAC, Inc.
Salt Lake City, UT
Headquartered in Salt Lake City, Utah; operates as SILAC Life Insurance Company in California.
Founded 1935
Founded in 1935 as Equitable Life & Casualty; rebranded to SILAC in 2020.
Fast-growing
Recognized among the fastest-growing life insurers as it transformed into a retirement-focused annuity carrier.
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Growth FIAs
Selected product: Denali 7
An accumulation-focused fixed indexed annuity group with index-linked crediting and, for some versions, premium-bonus designs.
Other current products
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Explore SILAC products
SILAC’s lineup, grouped by what each product group is built to do. Current rates are pulled from the daily carrier rate service.
Fixed Index Annuity - Growth
Index-linked annuities built for protected growth, with caps, participation rates, and fixed-account options surfaced from live product data.
- Growth-oriented FIAs grouped by accumulation purpose
- Individual product pages carry current rates, terms, riders, and disclosures
Best for: Buyers comparing principal-protected growth potential before opening a product page for the full live strategy set.
Denali 7
A 7-year-surrender accumulation-only fixed indexed annuity from SILAC Insurance Company (A.M. Best B), pairing a recognizable S&P 500 annual point-to-point cap option with several proprietary participation-rate indexes and optional Elevation/Elevation Plus liquidity riders.
S&P 500 annual cap rate
9%
Denali 10
A 10-year-surrender accumulation-only fixed indexed annuity from SILAC Insurance Company (A.M. Best B), pairing a recognizable S&P 500 annual point-to-point cap option with several proprietary participation-rate indexes and optional Elevation/Elevation Plus liquidity riders.
S&P 500 annual cap rate
10%
Denali 14
A 14-year-surrender accumulation-only fixed indexed annuity from SILAC Insurance Company (A.M. Best B), pairing a recognizable S&P 500 annual point-to-point cap option with several proprietary participation-rate indexes and optional Elevation/Elevation Plus liquidity riders.
Cap Rate
10.25%
Denali Bonus 7
A 7-year-surrender accumulation-only fixed indexed annuity from SILAC Insurance Company (A.M. Best B), with a premium bonus credited on day one (vested on a graded multi-year schedule) pairing a recognizable S&P 500 annual point-to-point cap option with several proprietary participation-rate indexes and optional Elevation/Elevation Plus liquidity riders.
S&P 500 annual cap rate
6%
Denali Bonus 10
A 10-year-surrender accumulation-only fixed indexed annuity from SILAC Insurance Company (A.M. Best B), with a premium bonus credited on day one (vested on a graded multi-year schedule) pairing a recognizable S&P 500 annual point-to-point cap option with several proprietary participation-rate indexes and optional Elevation/Elevation Plus liquidity riders.
S&P 500 annual cap rate
6.75%
Denali Bonus 14
A 14-year-surrender accumulation-only fixed indexed annuity from SILAC Insurance Company (A.M. Best B), with a premium bonus credited on day one (vested on a graded multi-year schedule) pairing a recognizable S&P 500 annual point-to-point cap option with several proprietary participation-rate indexes and optional Elevation/Elevation Plus liquidity riders.
Cap Rate
7%
Evolve 7
A 7-year-surrender fixed indexed annuity from SILAC Insurance Company (A.M. Best B) with a premium bonus credited on day one with an optional Enhanced Benefit Rider in three flavors (Level GLWB, Accelerated GMWB, and Increasing GLWB), plus a mixed cap-and-participation index menu underneath.
Cap Rate
8.5%
Evolve 10
A 10-year-surrender fixed indexed annuity from SILAC Insurance Company (A.M. Best B) with a premium bonus credited on day one with an optional Enhanced Benefit Rider in three flavors (Level GLWB, Accelerated GMWB, and Increasing GLWB), plus a mixed cap-and-participation index menu underneath.
Cap Rate
9.5%
Evolve 14
A 14-year-surrender fixed indexed annuity from SILAC Insurance Company (A.M. Best B) with a premium bonus credited on day one with an optional Enhanced Benefit Rider in three flavors (Level GLWB, Accelerated GMWB, and Increasing GLWB), plus a mixed cap-and-participation index menu underneath.
Cap Rate
9.75%
Evolve Bonus 7
A 7-year-surrender fixed indexed annuity from SILAC Insurance Company (A.M. Best B) with a premium bonus credited on day one with an optional Enhanced Benefit Rider in three flavors (Level GLWB, Accelerated GMWB, and Increasing GLWB), plus a mixed cap-and-participation index menu underneath.
Cap Rate
6.25%
Evolve Bonus 10
A 10-year-surrender fixed indexed annuity from SILAC Insurance Company (A.M. Best B) with a premium bonus credited on day one with an optional Enhanced Benefit Rider in three flavors (Level GLWB, Accelerated GMWB, and Increasing GLWB), plus a mixed cap-and-participation index menu underneath.
Cap Rate
6.75%
Evolve Bonus 14
A 14-year-surrender fixed indexed annuity from SILAC Insurance Company (A.M. Best B) with a premium bonus credited on day one with an optional Enhanced Benefit Rider in three flavors (Level GLWB, Accelerated GMWB, and Increasing GLWB), plus a mixed cap-and-participation index menu underneath.
Cap Rate
7%
Teton 5
A 5-year-surrender accumulation-only fixed indexed annuity from SILAC Insurance Company (A.M. Best B), pairing a recognizable S&P 500 annual point-to-point cap option with several proprietary participation-rate indexes and optional Elevation/Elevation Plus liquidity riders.
S&P 500 annual cap rate
8.25%
Teton 7
A 7-year-surrender accumulation-only fixed indexed annuity from SILAC Insurance Company (A.M. Best B), pairing a recognizable S&P 500 annual point-to-point cap option with several proprietary participation-rate indexes and optional Elevation/Elevation Plus liquidity riders.
S&P 500 annual cap rate
8.25%
Teton 10
A 10-year-surrender accumulation-only fixed indexed annuity from SILAC Insurance Company (A.M. Best B), pairing a recognizable S&P 500 annual point-to-point cap option with several proprietary participation-rate indexes and optional Elevation/Elevation Plus liquidity riders.
S&P 500 annual cap rate
8.25%
Teton 14
A 14-year-surrender accumulation-only fixed indexed annuity from SILAC Insurance Company (A.M. Best B), pairing a recognizable S&P 500 annual point-to-point cap option with several proprietary participation-rate indexes and optional Elevation/Elevation Plus liquidity riders.
Cap Rate
8.25%
Teton Bonus 5
A 5-year-surrender accumulation-only fixed indexed annuity from SILAC Insurance Company (A.M. Best B), with a premium bonus credited on day one (vested on a graded multi-year schedule) pairing a recognizable S&P 500 annual point-to-point cap option with several proprietary participation-rate indexes and optional Elevation/Elevation Plus liquidity riders.
S&P 500 annual cap rate
5.5%
Teton Bonus 7
A 7-year-surrender accumulation-only fixed indexed annuity from SILAC Insurance Company (A.M. Best B), with a premium bonus credited on day one (vested on a graded multi-year schedule) pairing a recognizable S&P 500 annual point-to-point cap option with several proprietary participation-rate indexes and optional Elevation/Elevation Plus liquidity riders.
S&P 500 annual cap rate
5.75%
Teton Bonus 10
A 10-year-surrender accumulation-only fixed indexed annuity from SILAC Insurance Company (A.M. Best B), with a premium bonus credited on day one (vested on a graded multi-year schedule) pairing a recognizable S&P 500 annual point-to-point cap option with several proprietary participation-rate indexes and optional Elevation/Elevation Plus liquidity riders.
S&P 500 annual cap rate
6%
Teton Bonus 14
A 14-year-surrender accumulation-only fixed indexed annuity from SILAC Insurance Company (A.M. Best B), with a premium bonus credited on day one (vested on a graded multi-year schedule) pairing a recognizable S&P 500 annual point-to-point cap option with several proprietary participation-rate indexes and optional Elevation/Elevation Plus liquidity riders.
Cap Rate
6%
Vega 7
A 7-year-surrender fixed indexed annuity from SILAC Insurance Company (A.M. Best B) with an optional Enhanced Benefit Rider in three flavors (Level GLWB, Accelerated GMWB, and Increasing GLWB), plus a mixed cap-and-participation index menu underneath.
Lifetime payout (GLWB)
6.67%
Vega 10
A 10-year-surrender fixed indexed annuity from SILAC Insurance Company (A.M. Best B) with an optional Enhanced Benefit Rider in three flavors (Level GLWB, Accelerated GMWB, and Increasing GLWB), plus a mixed cap-and-participation index menu underneath.
Lifetime payout (GLWB)
6.67%
Vega 14
A 14-year-surrender fixed indexed annuity from SILAC Insurance Company (A.M. Best B) with an optional Enhanced Benefit Rider in three flavors (Level GLWB, Accelerated GMWB, and Increasing GLWB), plus a mixed cap-and-participation index menu underneath.
Cap Rate
5.5%
Vega Bonus 7
A 7-year-surrender fixed indexed annuity from SILAC Insurance Company (A.M. Best B) with an optional Enhanced Benefit Rider in three flavors (Level GLWB, Accelerated GMWB, and Increasing GLWB), plus a mixed cap-and-participation index menu underneath.
Lifetime payout (GLWB)
6.67%
Vega Bonus 10
A 10-year-surrender fixed indexed annuity from SILAC Insurance Company (A.M. Best B) with an optional Enhanced Benefit Rider in three flavors (Level GLWB, Accelerated GMWB, and Increasing GLWB), plus a mixed cap-and-participation index menu underneath.
Lifetime payout (GLWB)
6.67%
Vega Bonus 14
A 14-year-surrender fixed indexed annuity from SILAC Insurance Company (A.M. Best B) with an optional Enhanced Benefit Rider in three flavors (Level GLWB, Accelerated GMWB, and Increasing GLWB), plus a mixed cap-and-participation index menu underneath.
Cap Rate
5.25%
Rates are pulled live from CANNEX via the AdvisorWorld data feed · 2026-06-28. Caps, payout rates, and guaranteed rates vary by state, premium band, and rider election — confirm current terms on each product page.
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Find your fit
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How lifetime income builds
See how a guaranteed-income benefit can turn a premium into lifetime income using this carrier’s current income terms.
Lifetime withdrawal rate
6.67%
Base-growth terms
Not published
no roll-up or income-base bonus returned
Annual fee
—
not published
Premium
$100,000
Income calculation value
$100,000
Annual lifetime income
$6,670
Shows this income option’s 6.67% guaranteed lifetime withdrawal rate applied to your premium. Current data did not publish a separate income-base roll-up or income-base bonus for this option — confirm base-growth terms in a carrier illustration.
Company overview
What SILAC is
SILAC Insurance Company, headquartered in Salt Lake City, Utah, is a life and annuity carrier specializing in fixed and fixed-indexed annuities, multi-year guaranteed annuities, and Medicare Supplement insurance.
Checked 2026-06-20 · ARHQ carrier coverage; SILAC research packet
Originally founded in 1935 as Equitable Life & Casualty Insurance Company, the company rebranded to SILAC in 2020 to reflect its national expansion and modernized product line, and now operates in 49 states and the District of Columbia (excluding New York).
Checked 2026-06-20 · ARHQ carrier coverage; SILAC research packet
On ARHQ, SILAC product cards and the analyzer are intentionally live-data driven: the profile supplies story and context, while product availability, rates, riders, caps, and guaranteed terms come from CANNEX-backed feeds.
At render · ARHQ carrier-page architecture; CANNEX via AdvisorWorld
Scale, labeled
Founded
1935
Founded as Equitable Life & Casualty; rebranded SILAC in 2020.
Founded 1935 · SILAC research packet
Headquarters
Salt Lake City, UT
Headquartered in Salt Lake City, Utah.
June 2026 packet · SILAC research packet
Footprint
49 states + DC
Operates in 49 states and the District of Columbia, excluding New York.
Checked 2026-06-20 · ARHQ carrier coverage
Ownership
Private
Privately held under SILAC, Inc.
June 2026 packet · SILAC research packet
History highlights
SILAC was founded in 1935 as Equitable Life & Casualty Insurance Company in Salt Lake City, Utah.
Founded 1935 · SILAC research packet; ARHQ carrier coverage
Beginning around 2017, the company transformed from a traditional life insurer into a retirement-focused annuity carrier, rebranding to SILAC in 2020.
Rebranded 2020 · SILAC research packet
SILAC has been recognized as one of the fastest-growing life insurers during its transformation.
June 2026 packet · SILAC research packet
A privately held Utah carrier
SILAC Insurance Company operates as a privately held insurance company under SILAC, Inc.
June 2026 packet · SILAC research packet
According to the company, it was founded with a borrowed $20 and has grown into one of Utah's longest-operating active life insurance companies.
June 2026 packet · SILAC research packet
In California, the company operates as SILAC Life Insurance Company.
June 2026 packet · SILAC research packet
Financial strength
AM Best
B
Fair financial-strength rating, currently under review with developing implications.
AM Best action 2026-06-18
Fitch
BBB-
Investment-grade financial-strength rating; stable outlook noted by Fitch.
June 2026 packet
SILAC research packet
What makes SILAC different
Fast-growing annuity specialist
SILAC transformed from a legacy life insurer into a fast-growing, retirement-focused annuity carrier with a broad fixed-indexed lineup across the Teton, Denali, Evolve, and Vega series.
June 2026 packet · SILAC research packet
Rating under review
SILAC's AM Best Financial Strength Rating is B (Fair) and remains under review with developing implications while AM Best monitors the announced Hildene acquisition. Buyers should weigh the rating tier and review status against rate, surrender, and state guaranty-association limits.
AM Best action 2026-06-18 · AM Best rating action; SILAC research packet
Deep base-and-bonus FIA menu
Each FIA series offers base and premium-bonus chassis across multiple surrender lengths, pairing an S&P 500 cap option with proprietary participation-rate indexes.
At render · ARHQ product catalog; CANNEX via AdvisorWorld
Independent-channel focus
SILAC competes through independent distribution, recognized for competitive crediting rates and simplified contract designs.
Checked 2026-06-20 · ARHQ carrier coverage
About SILAC
SILAC Insurance Company, headquartered in Salt Lake City, Utah, is a privately held annuity specialist founded in 1935 as Equitable Life & Casualty and rebranded to SILAC in 2020.
Checked 2026-06-20 · ARHQ carrier coverage; SILAC research packet
SILAC focuses on retirement and income solutions across a deep fixed-indexed lineup and Secure Savings MYGAs. Its AM Best Financial Strength Rating is B (Fair) and under review with developing implications, so buyers should weigh the rating tier alongside rate, surrender, and guaranty-association considerations.
AM Best action 2026-06-18 · AM Best rating action; SILAC research packet
On ARHQ, SILAC product pages stay product-specific: base, bonus, and term variants are kept as separate mapped products, so surrender and crediting detail belongs on each product page.
At render · ARHQ carrier-page architecture; CANNEX via AdvisorWorld
Free Comparison Report
Get SILAC's current rate report
Compare SILAC's live rates, carrier ratings, and product tradeoffs against alternatives in one personalized report.
Sources
- SILAC website — 2026-06-20
- AM Best maintains under review with developing implications status for SILAC Insurance Company — 2026-06-18
- SILAC research packet - overview, ownership, history, ratings, scale, and product architecture — June 2026 packet
- Live product catalog, rates, ratings confirmation, riders, and strategy metrics: CANNEX via AdvisorWorld public API — At render