Protect the principal contribution from market downside while also seeing potential accumulation along with diversification and fixed account options.
Fixed Index Annuity
Delaware Life
Target Growth 10®
Focused on protection, driven by growth
Rates Target Growth 10® Product Information
Target Growth 10® fixed index annuity provides strong growth potential with downside market protection.
Target Growth 10® Index and Crediting Strategies Information
Target Growth 10® allows you to allocate your money in one or a combination of index strategies and crediting options. Or you could choose one of two balanced and diversified multi-strategy Precision Portfolios.
Frequently Asked Questions
A fixed index annuity (FIA) is an insurance product designed to help you meet your long-term retirement needs. A FIA may help you:
Grow your money—earn interest based on the performance of the indexed-linked crediting options or fixed account.
Protect your money—lock in gains each year to protect your account value from market drops.
Convert your savings into retirement income, including income for life.
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.
Some FIAs may offer riders or features at additional cost. Please consult your financial professional for more information.
Reallocation flexibility
Have the flexibility to reallocate index strategies at the end of the crediting method term if needs, goals, or risk tolerance shift over time. Select from a range of individual index options to diversify in changing markets or choose a balanced and diversified multi-strategy Precision Portfolio.
Bailout benefit
Withdraw the entire contract value of the annuity without a surrender charge or market value adjustment (MVA) if the renewal cap for the one-year point-to-point S&P 500® Index falls below the contract’s issue cap rate, which is declared at contract issue and will not change during the life of the contract. No allocation to the S&P 500® Index is required to receive bailout protection (based on income).
Target Growth 10® Legal Disclosure
All products and/or options may not be available in all states. Annuity contracts contain exclusions, limitations, reductions of benefits, and terms for keeping them in force. Your licensed financial professional can provide you with complete details. For use with policy forms ICC17-DLIC-FIA-17 or DLIC-FIA-17.
Target Growth 10® is currently approved for sale in all states EXCEPT: NY and HI.