SILAC has launched reimagined Fixed Index Annuities with significant product enhancements and new training requirements for all contracted agents.
Training Requirement Update
All new product trainings are now live on RegEd and must be completed by all agents selling SILAC products.
Training Products Required:
- Teton
- Denali
- Elevation
- Evolve
If you completed the previous versions of these trainings, additional training opportunities are available this week.
New Product Launch Highlights
Enhanced Premium Bonuses:
- Denali and Teton: Premium bonuses up to 20%
- Evolve: Premium bonus up to 20% - the highest premium bonus available on an income product
Product Structure Updates:
- Elevation and Elevation Plus can now be added to Denali or Teton
- Evolve is now its own FIA line, solely focused on providing competitive lifetime income
New Index Announcement: Bloomberg Versa 10
Now added to all SILAC FIAs:
- Offering versatility for the unexpected
- Provides exposure to Gold and the US Dollar
- 10% target volatility level
- One of the only indexes up 2025 YTD
Important Application Information
Effective Dates:
- Applications signed on or before May 29th: Receive prior product versions
- Applications signed after May 29th: Receive new product versions
Systems Update:
- Sales materials, application packets, Firelight and website updates are live
- Illustration system is currently down through June 13th
- 3rd party quoting sites (Annuity RateWatch, Annuities Genius, etc.) have the new product versions available for quoting
Questions or Support?
Contact Kirk Sarff, Director of Life Insurance and Annuity Sales:
Ask us about our Annuity "Leave Behind" / "Desk Display" materials!
