Protect principal from market downside while also seeing potential accumulation along with diversification and fixed account options.
Fixed Index Annuity
Target Growth 10®
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Target Growth 10®
Product Information
Target Growth 10® combines growth potential with built-in protection from market losses, helping clients capture more of the market’s upside while keeping their principal safe when markets fall.
Product Snapshot
Quick-reference sheet with issue ages, premium rules, surrender charges, withdrawal features, and built-in bailout provision.
Rate Sheet
Lists of current crediting rates for all available strategies and premium tiers.
Product Brochure
A detailed overview of how Target Growth 10® works—including index options and Precision Portfolios—plus examples and illustrations.
Target Growth 10®
Built-in bailout provision helps protect against future renewal rate declines.
Strong index lineup from industry-leading investment managers
Build your own allocation or select one of our “check-the-box” allocation options for easy diversification
Target Growth 10®
Index and Crediting Strategies Information
Target Growth 10® allows clients to allocate money in one or a combination of index strategies and crediting options. Or choose one of two balanced and diversified multi-strategy Precision Portfolios.
Index Strategies
Choose from S&P 500®, Goldman Sachs Canopy, Franklin SG Select, First Trust Barclays 10%, Nasdaq-100 Intraday Elite 15%™, and more.
Participation Rate
Breaks down how clients earn a percentage of the index’s positive return, with a simple chart to illustrate how interest is credited and how downside protection works.
Performance Trigger
Outlines how clients receive a guaranteed interest credit when the index return is positive—even slightly. Includes visuals to show how the trigger rate works in up and down markets.
Cap Rate
Explains how interest is credited up to a fixed cap when the index performs well, with examples that show how gains are calculated and when the cap applies.
Target Growth 10®
Additional Information
Reallocation flexibility
Clients can reallocate their funds at the end of each strategy term, adjusting for changing needs, goals, or risk tolerance. Select from a range of individual index options to diversify in changing markets or choose one of two balanced and diversified multi-strategy Precision Portfolios designed to give you a tailored way to diversify your portfolio.
Guaranteed principal protection
Target Growth 10® protects retirement savings from market loss while offering growth potential through index-linked crediting.
Bailout benefit
This feature is designed to protect clients from being locked into an unfavorable rate environment. If renewal caps on the one-year S&P 500® Index strategy drop below the cap that was available when the contract started, clients have the option to walk away—accessing their full contract value without any surrender charges or market value adjustments (MVA).
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.
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.