Denali Bonus 10
Silac Insurance Company
7.25%
Best Cap
5%
Free W/D
49
States
The Denali Bonus Series is a fixed indexed annuity designed for long-term retirement savings that protects your principal from market losses while offering growth potential through index-linked interest credits and immediate premium bonuses. It's ideal for retirees and near-retirees who want guaranteed safety with flexible access to their funds.
Free Withdrawal
5%/yr
Available In
49 states
Min Premium
$10,000
Surrender
10 years
Current Rates & Strategies
| Index | Crediting | Cap | Participation | Fixed |
|---|---|---|---|---|
| Barclays Atlas 5 Index | Annual | -- | 170% | -- |
| Bloomberg Versa 10 Index | Annual | -- | 65% | -- |
| Nasdaq Generations 5 Index | Annual | -- | 172% | -- |
| S&P 500 Duo Swift Index (USD) ER | Annual | -- | 65% | -- |
| S&P 500 Index | Annual | 7.25% | 100% | -- |
| S&P 500 Index | Monthly | 2.25% | 100% | -- |
| S&P 500 RavenPack AI Index (USD) ER | Annual | -- | 100% | -- |
| Fixed Account | Daily | -- | -- | 4% |
Key Features
Principal Protection
100% protected, 0% annual floorYour savings are guaranteed safe from market downturns with an annual floor of 0% interest, meaning you can never lose money to market losses.
Premium Bonus
3-5% base, higher with Elevation PlusAn immediate percentage bonus added to your initial premium, giving you instant additional growth to start your retirement savings.
Interest Crediting
Fixed or indexed options availableChoose between fixed guaranteed interest rates or indexed strategies tied to external market indexes, with locked-in interest credits that cannot be lost.
Free Withdrawals
5% annually, up to 10% with Elevation ridersAccess your money each year without penalties after the first policy year, with enhanced options available through riders.
Tax-Deferred Growth
Full tax deferral on creditsYour interest credits and bonuses are not taxed until you withdraw funds, allowing compounding without annual tax drag.
Withdrawal Charge Terms
7, 10, or 14-year optionsChoose your commitment period based on your needs—longer terms (7, 10, or 14 years) provide higher bonuses and interest rates.
Health-Related Withdrawals
Waived charges on qualifying eventsAccess up to 100% of your account value without penalties if you enter a nursing home, receive a terminal illness diagnosis, or need home health care.
Death Benefit & Spousal Continuation
Full account value paid to heirsYour full account value passes to beneficiaries, avoiding probate; spouses can continue the policy without interruption.
Income Options
After 5-10 year income waiting periodElect guaranteed income payments at your chosen frequency (monthly, quarterly, semi-annually, or annually).
Highlights
100% principal protection with no direct market downside risk, while still earning interest credits tied to market index performance
Immediate premium bonus (3-5% or higher with Elevation Plus) added to your initial investment right away
Flexible access to your money with 5% free withdrawals annually, plus special hardship provisions for nursing home, terminal illness, and home health care needs
Tax-deferred growth that lets your retirement savings compound without annual tax bills
Optional Elevation and Elevation Plus riders provide enhanced liquidity (10% annual free withdrawals) with cumulative carryover up to 30%
Surrender Schedule
Yr 1
10%
Yr 2
9%
Yr 3
8%
Yr 4
7%
Yr 5
6%
Yr 6
5%
Yr 7
4%
Yr 8
3%
Yr 9
2%
Yr 10
1%
After
0%
Home health care rider, Nursing home waiver, RMD waiver, Terminal illness waiver
Best For
Individuals age 50+ seeking long-term retirement security who want principal protection, tax-deferred growth, and periodic access to funds without taking on direct market risk.
Consider Alternatives If
People who need frequent access to their full account balance within 7-14 years, as early withdrawals beyond the free amount incur significant charges and bonus recovery.
Carrier Ratings
Free Comparison Report
Get a personalized Denali Bonus 10 illustration
See year-by-year projections for your specific age, premium, and income goals.
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