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SILAC Insurance Company

Throughout its 85+ year history, SILAC has been a pioneer in emerging markets. In 1965, Medicare Supplement Insurance was developed, followed by SILAC beginning to develop and market other supplemental health products in 1974. This tradition continues with the introduction of Fixed Annuities in 2018 and Fixed Index Annuities in 2019.

SILAC will continue to draw on its long history but also look towards the future, developing products for our current and future policyholders to help with their savings and retirement needs, supplemental health insurance, and the ability to leave a financial legacy for their families.

The character of the SILAC family is what truly sets us apart. Over the years, we’ve earned a national reputation for caring. Its value cannot be measured in dollars, and we passionately guard and preserve it.

We know that our policyholders & distribution partners all have options, and we are focused on SILAC being your #1 choice.
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Purpose

During the Great Depression, we went on a mission to help people; and with a borrowed $20 bill, our great company was formed. Those humble beginnings - and our initial mission of caring for others - have remained at the forefront ever since. We now celebrate nearly 90 years of providing straightforward & competitive products for clients, delivering best-in-class service to our agents & business partners, and propelling the success of our employees. SILAC® will continue to draw on its long history but also look towards the future, developing products for our current and future policyholders in order to help with their savings and retirement needs, as well as the ability to leave a financial legacy for their family.

Our identity evolved after entering the annuity space in 2018; and we continue our commitment to be an adaptable, innovative, and trustworthy insurance company in the days ahead. We know our policyholders & distribution partners all have options; and we are focused on SILAC® being your #1 choice.
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Vision

Remain an industry leader by:
- providing clean, simple, and competitive products,
- delivering best-in-class service, and
- propelling the success of our agents, clients, business
partners, and employees.
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Mission

- Experience from the past.
- Excellence in the Present.
- Innovation for the future.

We're invested in securing your legacy and ours.
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Values

Adaptability & Continuous Improvement
Adapt to needs of the market & Employees.
Flexibility & pivoting.
Adaptability shows reliability.

Headquarters

SALT LAKE CITY, UT

Employees

308 US Employees

Industry

Life Insurance, Annuities, & Retirement Investments

Recent Awards

Company Snapshots

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