This material is intended to provide educational information and is intended for agent use only.
Stated interest credits are not to be construed as guarantees or estimates of amounts paid in the future. Interest Rates and caps are subject to change at any time. Past performance is not indicative of future results. Guarantees are based on the financial strength and claims-paying ability of SILAC® Insurance Company.
SILAC® is licensed as SILAC Life Insurance Company in the state of California, license #6244-8.
Policy form numbers and product availability vary by state. In Idaho, policy form is ELCFIA-ID.
Policy forms #ICC19 MYGA, #MYGA19, #ICC19-ELCFIA, and #ELCFIA. Policies, benefits, and features are not available in all states and policy form numbers may vary by state.
SILAC® Fixed Indexed Annuities are products of the insurance industry and not guaranteed by any bank, nor insured my FDIC or NCUA/NCUSIF. Not a deposit. Not insured by a federal government agency. Withdrawal charges, bonus recovery, interest recovery & market value adjustment may apply to withdrawals made during the withdrawal charge period. Restrictions apply. May only be offered by a licensed insurance agent.
SILAC Secure Savings™ & Secure Savings™ Elite are products of the insurance industry and not guaranteed by any bank nor insured by FDIC or NCUA/NCUSIF. Secure Savings Elite death benefit pays cash surrender value; optional withdrawal benefits may be available for a reduction of the crediting rate. Interest rates are subject to change without notice. Not a deposit. Not insured by a federal government agency. Restrictions apply. Surrender charges and market value adjustment may apply to withdrawals made during the guarantee period. Policy must be surrendered within 30 days following the guarantee period or policy will automatically renew. May only be offered by a licensed insurance agent.
“Barclays Atlas 5” Point-to-Point with PR, Point-to-Point with Spread, Point-to-Point with Boost: The financial instrument is not sponsored, promoted, sold or supported in any other manner by Solactive AG nor does Solactive AG offer any express or implicit guarantee or assurance either with regard to the results of using the Index and/or Index trade mark or the Index Price at any time or in any other respect. The Index is calculated and published by Solactive AG. Solactive AG uses its best efforts to ensure that the Index is calculated correctly. Irrespective of its obligations towards the Issuer, Solactive AG has no obligation to point out errors in the Index to third parties including but not limited to investors and/or financial intermediaries of the financial instrument. Neither publication of the Index by Solactive AG nor the use of the Index or Index trade mark for the purpose of use in connection with the financial instrument constitutes a recommendation by Solactive AG to invest capital in said financial instrument nor does it in any way represent an assurance or opinion of Solactive AG with regard to any investment in this financial instrument.
Neither Barclays Bank PLC ("BB PLC") nor any of its affiliates (collectively 'Barclays') is the issuer or producer of the Fixed Indexed Annuities ("FIAs") and Barclays has no responsibilities, obligations or duties to investors in FIAs. The Barclays Atlas 5 (the 'Index'), together with any Barclays indices that are components of the Index is a trademark owned by Barclays and, together with any component indices and index data, is licensed for use by SILAC Insurance Company® as the issuer or producer of the FIAs (the ‘Issuer’).
Barclays’ only relationship with the Issuer in respect of the Index is the licensing of the Index, which is administered, compiled and published by BB PLC in its role as the index sponsor (the 'Index Sponsor') without regard to the Issuer or the FIAs or investors in the FIAs. Additionally, SILAC Insurance Company® as issuer or producer of the FIAs may for itself execute transaction(s) with Barclays in or relating to the Index in connection with the FIAs. Investors acquire the FIAs from SILAC Insurance Company® and investors neither acquire any interest in the Index, nor enter into any relationship of any kind whatsoever with Barclays upon making an investment in the FIAs. The FIAs are not sponsored, endorsed, sold, or promoted by Barclays and Barclays makes no representation regarding the advisability of the FIAs or use of the Index or any data included therein. Barclays shall not be liable in any way to the Issuer, investors or to other third parties in respect of the use or accuracy of the Index or any data included therein.
The “Credit Suisse RavenPack Artificial Intelligence Index” and “Credit Suisse,” and any trademarks, service marks and logos related thereto are service marks of Credit Suisse Group AG, Credit Suisse International, or one of their affiliates (collectively, “Credit Suisse”). As used herein, the title “artificial intelligence” or “AI” does not imply any form of actual intelligence, learning or comprehension. The Credit Suisse RavenPack Artificial Intelligence Index relies upon an algorithm that is called “artificial intelligence” only in the limited sense that it applies static algorithmic rules to language to produce a mathematical result that might indicate relevance, novelty or a given sentiment about a company. Credit Suisse has no relationship to SILAC Insurance Company®, other than the licensing of Credit Suisse RavenPack Artificial Intelligence and its service marks for use in connection with the FIAs and certain hedging arrangements and is not a party to any transaction contemplated hereby. Credit Suisse shall not be liable for the results obtained by using, investing in, or trading the FIAs. Credit Suisse has not published or approved this document and accepts no responsibility for its contents or use. Obligations to make payments under the FIAs are solely the obligation of SILAC Insurance Company® and are not the responsibility of Credit Suisse.
License Agreement with S&P: The Credit Suisse RavenPack Artificial Intelligence Index (the “Strategy”) is the property of Credit Suisse International, which has contracted with S&P Opco, LLC (a subsidiary of S&P Dow Jones Indices, LLC) to license the use of the S&P Sector TR Indices in connection with the Strategy. The S&P Sector TR Indices are the property of S&P Dow Jones Indices, its affiliates and/or their third-party licensors. S&P® is a registered trademark of Standard & Poor’s Financial Services, LLC, and Dow Jones® is a registered trademark of Dow Jones Trademark Holdings, LLC. The Strategy is not sponsored, endorsed, sold or promoted by S&P Opco, LLC, S&P Dow Jones Indices, LLC, their affiliates, including Standard & Poor’s Financial Services, LLC, or their third-party licensors, including Dow Jones Trademark Holdings, LLC (collectively, “S&P Dow Jones Indices”). The FIAs are not sponsored, endorsed, sold or promoted by S&P Dow Jones Indices, its affiliates, or their third-party licensors and neither S&P Dow Jones Indices, its affiliates nor their third-party licensors make any representation regarding the advisability of investing in the Credit Suisse RavenPack Artificial Intelligence Index.
Barclays’ only relationship with the Issuer in respect of the Index is the licensing of the Index, which is administered, compiled and published by BB PLC in its role as the index sponsor (the 'Index Sponsor') without regard to the Issuer or the FIAs or investors in the FIAs. Additionally, SILAC Insurance Company® as issuer or producer of the FIAs may for itself execute transaction(s) with Barclays in or relating to the Index in connection with the FIAs. Investors acquire the FIAs from SILAC Insurance Company® and investors neither acquire any interest in the Index, nor enter into any relationship of any kind whatsoever with Barclays upon making an investment in the FIAs. The FIAs are not sponsored, endorsed, sold, or promoted by Barclays and Barclays makes no representation regarding the advisability of the FIAs or use of the Index or any data included therein. Barclays shall not be liable in any way to the Issuer, investors or to other third parties in respect of the use or accuracy of the Index or any data included therein.
The S&P 500® and S&P 500® Duo Swift Index are a product of S&P Dow Jones Indices LLC or its affiliates (“SPDJI”) and has been licensed for use by SILAC Insurance Company®. S&P®, S&P 500®, US 500, The 500, iBoxx®, iTraxx® and CDX® are trademarks of S&P Global, Inc. or its affiliates (“S&P”); Dow Jones® is a registered trademark of Dow Jones Trademark Holdings LLC (“Dow Jones”). SILAC Insurance Company® Fixed Indexed Annuities (“FIAs”) are not sponsored, endorsed, sold or promoted by SPDJI, Dow Jones, S&P, their respective affiliates, and none of such parties make any representation regarding the advisability of investing in such product(s) nor do they have any liability for any errors, omissions, or interruptions of the S&P 500® and S&P 500® Duo Swift Index.
Nasdaq®, Nasdaq Generations 5 Index™, are registered trademarks of Nasdaq, Inc. (which with its affiliates is referred to as the “Corporations”) and are licensed for use by SILAC Insurance Company®. The Product(s) have not been passed on by the Corporations as to their legality or suitability. The Product(s) are not issued, endorsed, sold, or promoted by the Corporations. MerQube, Inc. calculates the Nasdaq Generations 5 Index on behalf of the Corporations. THE CORPORATIONS MAKE NO WARRANTIES AND BEAR NO LIABILITY WITH RESPECT TO THE PRODUCT(S).
Salt Financial LLC licenses its truVol Risk Control Engine (RCE) and other methodologies (collectively, “Salt IP”) to the Corporations as a contributor to the Nasdaq Generations 5 Index. Salt Financial LLC and its affiliates, employees, partners, and vendors shall not be liable to any party for any direct, indirect, incidental, exemplary, compensatory, punitive, special or consequential damages, costs, expenses, legal fees, or losses (including, without limitation, lost income or lost profits and opportunity costs) in connection with any use of the Salt IP even if advised of the possibility of such damages.
