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Delaware Life

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Financial Ratings

A.M. Best A-Stable
Fitch A-Stable

About Delaware Life

Delaware Life offers 13 annuity products tracked on our platform. The ability to split premiums across multiple guarantee periods within a single contract allows for sophisticated laddering strategies typically only available with multiple separate contracts.

Product Lineup

Apex MYGA

Multi-Year Guaranteed

Fixed rates with flexible laddering across multiple guarantee periods

Multiple Guarantee Periods3, 5, or 7 years
Free Withdrawals10% annually
Minimum Premium$10,000 nonqualified; $5,000 qualified
Issue Ages18-85

Best for: People approaching or in retirement who want predictable growth with principal p...

Details

Apex MYGA

Annuity

Predictable growth with guaranteed rates and tax deferral

Guaranteed Fixed Rate3, 5, or 7-year terms available
Tax-Deferred Growth100% tax deferred
Principal ProtectionFull guarantee when contract held to maturity
Free Withdrawal10% free withdrawal annually

Best for: People within 10 years of retirement or already retired who want predictable, gu...

Details

Apex MYGA

Multi-Year Guaranteed

Guaranteed Growth. Tax-Deferred. Simple.

Guaranteed Fixed Rates3.60%-5.20% depending on term and deposit amount
Tax-Deferred Growth
Free Annual Withdrawals10% of premiums paid (Year 1) or 10% of anniversary value (Years 2+)
Multiple Guarantee Periods3, 5, or 7 years

Best for: Retirees and near-retirees who want predictable, guaranteed income growth withou...

Details

DualTrack Income

Fixed Indexed Annuity

Guaranteed lifetime income with two growth paths

Dual Income Tracks with Milestone Stack9% guaranteed roll-up + 150% performance multiplier
Guaranteed Lifetime Withdrawal Benefit (GLWB)Income for life, even if account reaches zero
Market Protection with Index Growth0% floor on losses + participation in index gains
Chronic Illness Income Multiplier2x income boost for up to 5 years

Best for: Retirees and pre-retirees age 45-80 who want guaranteed lifetime income, protect...

Details

Growth Pathway

Fixed Indexed Annuity

Growth with downside protection and guaranteed minimums

Guaranteed Minimum Account Value (GMAV)115%-125% of initial premium after 5-7 years
Point-to-Point CreditingAnnual crediting with downside protection
Locked Index StrategiesAvailable at no additional cost
Multiple Index Options5+ indexes plus 2 pre-built Precision Portfolios

Best for: Conservative investors with 5-7+ year time horizon who want market upside potent...

Details

Momentum Growth

Fixed Indexed Annuity

Control, customize, and capitalize on market gains safely

VersaGain™ ProtectionThree protection levels
Index Lock FeatureLock-in at any time
Five Index StrategiesDiversified options
Premium Protection100% principal safety

Best for: Retirees and near-retirees aged 18-80 who want principal protection, market-link...

Details

Momentum Growth Plus

Fixed Indexed Annuity

Control, customize and capitalize on index growth with built-in flexibility

Premium Bonus15% bonus
VersaGain™ ControlFlexible 0-100% control
Index LockLock-in anytime
Six Index Options6 diversified choices

Best for: Retirees and near-retirees (ages 18-80) who want portfolio protection against ma...

Details

Pinnacle Plus MYGA

Multi-Year Guaranteed

Guaranteed growth with principal protection—no market risk

Guaranteed Interest RateFixed rate for 3, 5, 7, or 10 years
Principal Protection100% guaranteed
Tax-Deferred Growth100% tax-deferred
Free Withdrawals10% per year, penalty-free

Best for: People within 10 years of retirement or already retired who prioritize capital s...

Details

PrimeStart Bonus 10

Fixed Indexed Annuity

Fixed Index Annuity with 14% Bonus & Market Protection

Premium Bonus14%
Lowest Starting Index ValueFirst 90 days
Downside Protection0% floor on losses
Multiple Index Strategies7 indexes available

Best for: Investors age 18–80 who want market growth potential with downside protection, h...

Details

Retirement Stages Select

Fixed Indexed Annuity

Grow with protection. Lock in gains, limit losses.

Downside Protection0% minimum annual return
Upside OpportunityVaries by strategy and crediting option
Multiple Index Strategies8 index options available
Precision Portfolios2 turnkey portfolio options

Best for: Individuals approaching or in retirement who want to grow their savings with dow...

Details

Target Growth 10

Fixed Indexed Annuity

Index-Linked Growth with Market Protection

Downside Protection0% floor on returns
Index-Based GrowthMultiple index and crediting options
No-Cost FeaturesZero additional fees
Flexible Withdrawals10% annual free withdrawal

Best for: Retirees and near-retirees aged 18–80 with at least $25,000 to invest who want m...

Details

Target Income Choice

Fixed Indexed Annuity

Protected growth + Guaranteed lifetime income

Guaranteed Lifetime Withdrawal Benefit (GLWB)1.05% annual cost; withdrawal amounts based on age and withdrawal benefit base
100% Downside ProtectionZero loss exposure to market downturns
Upside Growth Opportunity7 index strategies + 2 pre-set portfolios available
Free Annual Withdrawals10% annually free of penalties during surrender period

Best for: Pre-retirees and retirees ages 50-85 who want guaranteed lifetime income, downsi...

Details

TruePath Income

Fixed Indexed Annuity

Protected growth with lifetime income guarantee

Guaranteed Lifetime Withdrawal Benefit (GLWB)1.20% annual fee (maximum 2.50%)
Ready Strategy25% upfront + 6.75% annual roll-up
Build Strategy9.75% annual roll-up
Level Income OptionHigher guaranteed percentage

Best for: Retirees and near-retirees (ages 45-85) who want market growth potential with do...

Details

Financial Ratings

Live from CANNEX

Rating Agency

A.M. Best

Rating

A-

Description

Excellent

Effective

March 19, 2018

Rating Agency

Standard & Poor's

Rating

A-

Description

Strong

Effective

December 11, 2024

Rating Analysis

Delaware Life exhibits strong financial health with robust capitalization and a well-diversified investment portfolio. The company maintains a solid claims-paying ability, supported by effective risk management and stable profitability. Its financial strength is enhanced by experienced management and sound corporate governance. The outlook for Delaware Life is stable, reflecting its capacity to meet insurance obligations and withstand economic fluctuations.

Delaware Life Products

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