Accelerator Prime® works like a GPS for retirement with flexible strategies to help grow, protect, and solve.
Variable Annuity
Delaware Life
Accelerator Prime®
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Grow, protect, and solve
Product Brochure Delaware Life Accelerator Prime® Literature
Delaware Life Accelerator Prime® Variable Annuity is a flexible premium variable annuity (VA) that can help grow your client’s money to overcome rising costs of inflation and market volatility, as well as establish a steady stream of income for retirement.
Frequently Asked Questions
Annuities are financial products offered by an insurance company. You pay a lump sum or make a series of payments into an annuity to fund a guaranteed series of payments that begin at a future date. A variable annuity is a type of annuity designed for long-term growth potential and retirement income. A variable annuity allows you to choose from a range of investment fund options to drive growth and diversify. The income stream of a variable annuity rises or falls in value periodically based on the market performance of the investments fund options chosen.
Annuities are long-term investment vehicles designed for retirement purposes. Their guarantees are backed by the financial strength and claims-paying ability of the insurance company that issues the annuity. As an informed consumer, you can research an insurer’s financial strength ratings—which gauge the claims-paying ability of an insurance company to meet its financial obligations to policy/contract holders. These agencies rate the financial strength of insurance companies on a regular basis— for example, A.M. Best Company, Fitch Ratings, and Standard and Poor's.
Your financial professional can help you decide if an annuity fits into your overall financial plan depending on your current portfolio, your short and long-term goals, plus your risk tolerance. Delaware Life Insurance Company does not provide individualized investment, legal, or tax advice. Please consult with your investment, legal, or tax professional before making any investment decisions.
You may be eligible for an early withdrawal of:
Up to 10% of the last contract anniversary account value, or
The required minimum distribution (RMD).
Both options are free of surrender charges and any applicable Market Value Adjustment (MVA). Please consult your financial professional for more information.
The types of fees associated with variable annuities include Mortality and Expense (M&E) Charges, Administrative Fees, Underlying Investment Fees, and Surrender Charges. They may also offer optional income, protection, or death benefit riders at additional cost.
Fees can reduce the overall return on your investment. Being aware of the variable annuity fees and commissions helps you make more informed decisions about their suitability for your investment portfolio. Please consult your financial professional to navigate the complexities of these costs.
Growth, protection and control
Maximize growth potential: Choose from more than 85 investment options from 20 of the top 25 fund managers; no other annuity can offer this kind of investment freedom.
Optional income protection riders
Income Boost℠ and Income Control℠ allow for maximum growth potential and guaranteed income. Optional asset protection riders to protect contract value with a guaranteed buffer or floor, and optional death benefit riders to leave a legacy.
All-in-one product
Whether it’s staying ahead of inflation, increasing retirement income, changing marital status, or other life events, Accelerator Prime® was built for life’s curveballs. No matter the concern, Accelerator Prime® has it covered all in one product.
Accelerator Prime® Legal Disclosure
The prospectus for the Accelerator Prime® Variable Annuity is available from your financial professional. You should carefully consider a variable annuity’s risks, charges and limitations, and investment goals of underlying investment options prior to making any investment decisions. This and other information is available in the product prospectus, as well as the underlying investment fund option prospectuses. These prospectuses are available from your financial professional or www.delawarelife.com. Read them carefully before investing.
Variable annuities are long-term investments designed for retirement. Annuity withdrawals and other distributions of taxable amounts, including death benefit payouts, will be subject to ordinary income tax. For nonqualified contracts, an additional 3.8% federal tax may apply on net investment income. If withdrawals and other distributions are taken prior to age 59½, an additional 10% federal tax may apply. A withdrawal charge also may apply. Withdrawals, including required minimum distributions (RMDs), will reduce the contract value and the value of the death benefits, and also may reduce the value of any optional benefits. Under current law, a nonqualified annuity that is owned by an individual is generally entitled to tax deferral. IRAs and qualified plans—such as 401(k)s and 403(b)s—are already tax-deferred. Therefore, a deferred annuity should be used only to fund an IRA or qualified plan to benefit from the annuity’s features other than tax deferral. These include lifetime income, death benefit options, and the ability to transfer among investment options without sales or withdrawal charges.
Variable annuities are subject to investment risks, including the possible loss of principal. Variable annuities are long-term investments designed for retirement purposes. Variable annuities have limitations, exclusions, charges, termination provisions, and terms for keeping them in force. The contract value is subject to market fluctuations and investment risk so that, when withdrawn, it may be worth more or less than its original value, even when an optional living benefit is elected. All product guarantees, including optional living and death benefits, are subject to the claims-paying ability and financial strength of the issuing insurance company.
Optional riders are available for additional fees.
Delaware Life does not provide tax or legal advice. Any tax discussion is for general informational purposes only. Clients should refer to their tax professional for advice about their specific situation.
Broker/dealer and state variations may apply. Contact your broker/dealer for availability.
Issued on Contract: ICC21-DLIC-VA-C-01 (state variations may apply).
Rider Numbers: ICC21-DLIC-VA-GLWB-01-IB, ICC21-DLIC-VA-GLWB-02-IC, ICC21-DLIC-VA-GLWBFLEX-01-IB, ICC21-DLIC-VA-GLWBFLEX-02-IC, ICC21-DLIC-VA-GMAB, ICC21-DLIC-VA-HAVDB, and ICC21-DLIC-VAROPDB (state variations may apply).
Delaware Life Insurance Company, 1601 Trapelo Road, Suite 30, Waltham, MA 02451
The Accelerator Prime® Variable Annuity is issued by Delaware Life Insurance Company and distributed by its affiliated broker-dealer, Clarendon Insurance Agency, Inc. (member FINRA). Both companies are subsidiaries of Group 1001 Insurance Holdings, LLC (Group 1001). Check the background of your financial professional or Clarendon Insurance Agency, Inc. on FINRA's BrokerCheck.
Annuity products are issued by Delaware Life Insurance Company (Waltham, MA), which is authorized to transact business in all states (except New York), the District of Columbia, Puerto Rico, and the U.S. Virgin Islands. Variable contracts are distributed through Clarendon Insurance Agency, Inc. (Waltham, MA), member FINRA. Both companies are subsidiaries of Group 1001 Insurance Holdings, LLC (Group 1001). Each company is responsible for its own financial condition and contractual obligations. Product availability and features may vary by state.