Denali 7
Silac Insurance Company
8.5%
Best Cap
5%
Free W/D
49
States
A fixed indexed annuity designed for long-term retirement savings that protects your principal from market losses while offering growth potential and tax-deferred accumulation, plus flexible access to your money when life's surprises occur.
Free Withdrawal
5%/yr
Available In
49 states
Min Premium
$10,000
Surrender
7 years
Current Rates & Strategies
| Index | Crediting | Cap | Participation | Fixed |
|---|---|---|---|---|
| Barclays Atlas 5 Index | Annual | -- | 100% | -- |
| Bloomberg Versa 10 Index | Annual | -- | 80% | -- |
| Nasdaq Generations 5 Index | Annual | -- | 165% | -- |
| S&P 500 Duo Swift Index (USD) ER | Annual | -- | 65% | -- |
| S&P 500 Index | Annual | 8.5% | 100% | -- |
| S&P 500 Index | Monthly | 2.75% | 100% | -- |
| S&P 500 RavenPack AI Index (USD) ER | Annual | -- | 190% | -- |
| Fixed Account | Daily | -- | -- | 4% |
Key Features
Principal Protection
0% annual floorYour savings are always protected from market fluctuations with 100% principal protection and no direct downside market risk.
Interest Crediting Options
Fixed or IndexedChoose between guaranteed fixed interest rates declared annually or indexed strategies tied to external market index performance.
Tax-Deferred Growth
Full tax deferralKeep more of your retirement savings working for you by deferring taxes until you access the funds.
Free Withdrawals
5% annually (10% with Elevation)Access your money without charges after the first policy year through annual free withdrawal allowances.
Flexible Terms
Three optionsChoose from 7, 10, or 14-year withdrawal charge periods to match your financial goals.
Income Options
Flexible frequenciesConvert your accumulation into guaranteed income payments on your schedule (monthly, quarterly, semi-annually, or annually).
Death Benefit
Full account valueYour beneficiary receives the full account value, avoiding probate delays and ensuring wealth transfer.
Health-Related Withdrawals
No withdrawal chargesAccess funds penalty-free if you need nursing home care, home health services, or have a terminal illness diagnosis.
Highlights
100% principal protection from market downturns with no direct downside risk
Choice of fixed interest rates or indexed interest tied to market performance
Tax-deferred growth with flexible access to funds through multiple withdrawal options
Enhanced liquidity riders available (Elevation™ and Elevation Plus™) for greater flexibility
Automatic death benefit to leave a legacy and avoid probate
Surrender Schedule
Yr 1
10%
Yr 2
9%
Yr 3
8%
Yr 4
7%
Yr 5
6%
Yr 6
5%
Yr 7
4%
After
0%
Home health care rider, Nursing home waiver, RMD waiver, Terminal illness waiver
Best For
Individuals seeking long-term retirement savings with principal protection, tax deferral, growth potential, and flexible access to funds without accepting market risk.
Consider Alternatives If
Investors who need immediate full access to their savings or those seeking direct exposure to market upside without principal protection guarantees.
Carrier Ratings
Free Comparison Report
Get a personalized Denali 7 illustration
See year-by-year projections for your specific age, premium, and income goals.
Silac Insurance Company Discussions
MYGA rates hit 4.65% — Are guaranteed products finally competitive again?
Customer satisfaction drops 6 points while 92% of retirees fear inflation
DIAs vs SPIAs: Why Waiting 2 Years Could Boost Your Payout by 1.5-2%
Athene Aviator FIA: Does 'Simplified' Mean Lower Returns?
From the AdvisorWorld.com Community