Denali Bonus 7
Silac Insurance Company
6.75%
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 flexible access to your funds when life happens.
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 | -- | 160% | -- |
| Bloomberg Versa 10 Index | Annual | -- | 65% | -- |
| Nasdaq Generations 5 Index | Annual | -- | 162% | -- |
| S&P 500 Duo Swift Index (USD) ER | Annual | -- | 60% | -- |
| S&P 500 Index | Annual | 6.75% | 100% | -- |
| S&P 500 Index | Monthly | 2.25% | 100% | -- |
| S&P 500 RavenPack AI Index (USD) ER | Annual | -- | 100% | -- |
| Fixed Account | Daily | -- | -- | 3.75% |
Key Features
Principal Protection
100% principal protectedYour money is always protected from market fluctuations with no direct downside risk
Immediate Premium Bonus
3-5% depending on rider selectionExtra money added to your account right when you purchase
Free Annual Withdrawals
5% base, 10% with Elevation ridersAccess your money each year without penalties or charges
Annual Floor Protection
0% minimum annual floorYou're guaranteed never to earn less than 0% interest, even if markets decline
Interest Credit Lock-In
Interest locked in annuallyOnce interest is credited to your account, it cannot be lost to future market changes
Crediting Strategy Choices
Multiple options availableSelect from fixed interest or various indexed strategies, and reallocate annually
Tax-Deferred Growth
Defer taxes until withdrawalYour earnings grow without annual tax obligations until you withdraw
Withdrawal Charge Periods
7, 10, or 14-year optionsChoose between 7, 10, or 14-year terms; longer terms offer higher interest rates
Income Options
Monthly, quarterly, semi-annual, or annualReceive guaranteed income payments on your schedule
Health-Related Withdrawals
Up to 100% in qualifying situationsAccess funds penalty-free if nursing home care, terminal illness, or home health care is needed
Highlights
100% principal protection with no direct market risk, even during downturns
Immediate premium bonus (3-5%) added to your investment right away
Flexible access to your money with 5-10% free annual withdrawals plus cumulative carryover options
Tax-deferred growth with multiple crediting strategies to choose from
Choice of fixed or indexed interest rates with annual floor protection of 0%
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
Investors age 0-90 seeking long-term retirement accumulation with principal protection, tax deferral, and periodic access to funds, who can commit to keeping money invested for 7-14 years.
Consider Alternatives If
Investors who need immediate access to all their money, those who cannot tolerate restricted liquidity, or those seeking higher growth potential without downside protection.
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