Delaware Life, through its subsidiaries,* is a leading provider of annuity and life insurance products in the United States. We currently manage approximately 400,000 in-force annuity and life insurance policies representing around $40 billion in assets under management.
Delaware Life is committed to:
Providing exceptional service and support for in-force policyholders
Delivering compelling new products that will help both new and existing policyholders maximize their financial security
Delaware Life was established in August 2013 in connection with the purchase by Delaware Life Holdings, LLC of the domestic U.S. annuity business and certain individual life and corporate markets insurance businesses of Sun Life Financial Inc.*
Our product lines include variable annuities, fixed annuities, fixed indexed annuities, and variable life insurance. Most of these policies were acquired as part of our 2013 transaction with Sun Life Financial Inc. The terms and conditions of all former Sun Life policies remain in force and unchanged as a result of the acquisition.
Our newest available product, introduced in November 2013, is Pinnacle MYGA℠: a single-premium deferred fixed annuity with multiple guarantee periods.
Delaware Life has the financial resources, risk and asset management expertise, consistent focus and longer-term perspective needed to successfully navigate a wide range of economic and market cycles.
We adhere to sound risk management practices, including a sophisticated and proven variable annuity hedging program. Our risk management processes enabled us to keep our protection benefits intact during a prolonged period of economic volatility, thereby supporting our clients’ long-term needs.