Delaware Life FIAs: Higher Caps for S&P Crediting Strategy
Exciting news! Effective February 1, 2016, Delaware Life will be increasing the caps, available in Retirement Stages 7 SM Fixed Index Annuity and Retirement Chapters 10 SM Fixed Index Annuity, for the S&P Annual Point to Point with Cap crediting strategy:
- Retirement Stages 7 SM 6.00% (up from 5.00%)
- Retirement Chapters 10 SM 5.00% (up from 4.20%)
The new caps are very competitive and, along with features such as STAIRSM, make Delaware Life fixed indexed annuities an attractive option for your clients.
Business Transition Rules:
- All cases issues prior to February 1 will receive current caps.
- All cases issues February 1 or later will receive the NEW, higher caps.
Note: All pending cases received prior to February 1 have a 60 day rate lock for current caps, but will receive the greater of current caps at time of issue or the rate lock.
Contact CreativeOne directly at 800.992.2642 or Delaware Life’s account management team, or visit Delaware Life’s website for illustrations and sales kits at www.delawarelife.com.
FOR AGENT USE ONLY. NOT FOR USE WITH THE GENERAL PUBLIC.
Retirement Stages 7SM is currently approved for sale in all states except DC, DE, ND, NY & SD as of 1/27/16.
Retirement Chapters 10SM Fixed Index Annuity is currently approved for sale in all states except CT & NY as of 1/27/16.
Retirement Stages 7SM Fixed Index Annuity and Retirement Chapters 10SM Fixed Index Annuity are available exclusively through a select group of independent distributors. To take advantage of these new caps and get a Disclosure Statement with more details about the product, contact CreativeOne or visit www.delawarelife.com.
Guarantees are backed by the financial strength and claims-paying ability of Delaware Life Insurance Company (Waltham, MA). Policies and contracts are issued by Delaware Life Insurance Company, a member of the Delaware Life group of companies. For use with policy forms ICC14-DLIC-FIA-10 and DLIC-FIA10, or ICC15-DLIC-FIA-07 and DLIC-FIA-7, and rider forms ICC15-DLIC-GLWB-01, ICC15-DLIC-NHW, and ICC15-DLIC-TIW and ICC15-DLIC-ROPR-01. Policy and rider form numbers may vary by state. Products, riders and features may vary by state, and may not be available in all states. This material may not be approved in all states.