What is it?

*For Agent Use Only.

SILAC^® is licensed as SILAC Life Insurance Company in the state of California, license #6244-8.

Product availability may vary by state. In Idaho, policy form is ELCFIA-ID.

Withdrawal charges, bonus recovery and market value adjustment may apply to withdrawals made during the withdrawal charge period. This is a product of the insurance industry and not guaranteed by a bank, nor insured by FDIC or NCUA/NCUSIF. Product availability may vary by state. Not a deposit. Not insured by a federal government agency. Restrictions apply. May only be offered by a licensed agent.

The "S&P 500^®, S&P 500 Duo Swift Index, and S&P 500 RavenPack AI Index" (the “Indices”) are products of S&P Dow Jones Indices LLC or its affiliates (“SPDJI”) and have been licensed for use by SILAC Insurance Company^® dba  SILAC Life Insurance Company in the state of California (“SILAC”). S&P^®, S&P 500^®, US 500 and The 500 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”); RavenPack^® and RavenPack AI are trademarks of RavenPack International S.L.U. (“RavenPack”), and these trademarks have been licensed for use by SPDJI and some have been sublicensed for certain purposes by SILAC. SILAC’s insurance products based on the Index (the “Products”) are not sponsored, endorsed, sold, or promoted by SPDJI, Dow Jones, S&P, the irrespective affiliates, or RavenPack 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 Index.

It is not possible to invest directly in an index. Neither SPDJI nor RavenPack makes any representation or warranty, express or implied, to the owners of the Products or any member of the public regarding the advisability of investing in securities generally or in the Products particularly or the ability of the Index to track general market performance. Past performance of an index is not an indication or guarantee of future results. SPDJI and RavenPack’s only relationship to SILAC with respect to the Indices are the licensing of the Indices and certain trademarks, service marks and/or trade names of S&P Dow Jones Indices and/or its licensors. The Index is determined, composed, and calculated by S&P Dow Jones Indices without regard to SILAC or the Products. SPDJI and RavenPack have no obligation to take the needs of SILAC or the owners of the Products into consideration in determining, composing, or calculating the Index. SPDJI and RavenPack have no obligation or liability in connection with the administration, marketing, or trading of the Products. There is no assurance that investment products based on the Indices will accurately track index performance or provide positive investment returns. S&P Dow Jones Indices LLC is not an investment adviser, commodity trading advisor, commodity pool operator, broker dealer, fiduciary, promoter (as defined in the Investment Company Act of 1940, as amended), “expert” as enumerated within 15 U.S.C. §77k(a) or tax advisor. Inclusion of a security, commodity, crypto currency, or other asset within an index is not a recommendation by S&P Dow Jones Indices to buy, sell, or hold such security, commodity, crypto currency, or other asset, nor is it considered to be investment advice or commodity trading advice.

NEITHER S&P DOW JONES INDICES NOR RAVENPACK GUARANTEES THE ADEQUACY, ACCURACY, TIMELINESS AND/OR THE COMPLETENESS OF THE INDICES OR ANY DATA RELATED THERETO OR ANY COMMUNICATION, INCLUDING BUT NOT LIMITED TO, ORAL OR WRITTEN COMMUNICATION (INCLUDING ELECTRONIC COMMUNICATIONS) WITH RESPECT THERETO. S&P DOW JONES INDICES AND RAVENPACK SHALL NOT BE SUBJECT TO ANY DAMAGES OR LIABILITY FOR ANY ERRORS, OMISSIONS, OR DELAYS THEREIN. S&P DOW JONES INDICES AND RAVENPACK MAKE NO EXPRESS OR IMPLIED WARRANTIES, AND EXPRESSLY DISCLAIMS ALL WARRANTIES, OF MERCHANTABILITY OR FITNESS FOR A PARTICULAR PURPOSE OR USE OR AS TO RESULTS TO BE OBTAINED BY SILAC, OWNERS OF THE PRODUCTS, OR ANY OTHER PERSON OR ENTITY FROM THE USE OF THE INDEX OR WITH RESPECT TO ANY DATA RELATED THERETO. WITHOUT LIMITING ANY OF THE FOREGOING, IN NO EVENT WHATSOEVER SHALL S&P DOW JONES INDICES OR RAVENPACK BE LIABLE FOR ANY INDIRECT, SPECIAL, INCIDENTAL, PUNITIVE, OR CONSEQUENTIAL DAMAGES INCLUDING BUT NOT LIMITED TO, LOSS OF PROFITS, TRADING LOSSES, LOST TIME OR GOODWILL, EVEN IF THEY HAVE BEEN ADVISED OF THE POSSIBILITY OF SUCH DAMAGES, WHETHER IN CONTRACT, TORT, STRICT LIABILITY, OR OTHERWISE.

S&P DOW JONES INDICES HAS NOT REVIEWED, PREPARED AND/OR CERTIFIED ANY PORTION OF, NOR DOES S&P DOW JONES INDICES HAVE ANY CONTROL OVER, THE LICENSEE PRODUCT REGISTRATION STATEMENT, PROSPECTUS OR OTHER OFFERING MATERIALS. THERE ARE NO THIRD-PARTY BENEFICIARIES OF ANY AGREEMENTS OR ARRANGEMENTS BETWEEN S&P DOW JONES INDICES AND SILAC, OTHER THAN THE LICENSORS OF S&P DOW JONES INDICES.

For full disclosures, visit www.SILACins.com/disclosures