The Delaware Life Story
Innovation, performance, and progress
We've made it our mission to deliver pure value to our network of financial professionals with a set of tools and products that help them empower their clients to plan for retirement with confidence. Our focus is delivering a seamless experience that gives our clients exactly what they're looking for: the comfort of understanding, the confidence of transparency and streamlined products without needless features.
- Dan Towriss, President & CEO
With roots tracing back to 1971, Delaware Life is a long-standing leader in annuity excellence, specializing in innovations across fixed, fixed index, and variable annuities. In 2017, Delaware Life joined Group 1001, an ecosystem of businesses dedicated to making insurance more user-friendly, intuitive, and accessible for all.
*As of December 11, 2024
At Delaware Life, we’re committed to maintaining strong financial health to ensure we can meet our obligations to policyholders now and in the future. Independent agencies regularly evaluate our financial strength, stability, and ability to pay claims. These assessments reflect our sound capital management, steady performance, and long-term reliability.
| A.M. Best | Standard & Poor's | Fitch |
|---|---|---|
| A- | A- | A- |
| (Excellent)2 | (Strong)3 | (Strong)4 |
| Stable | Stable | Stable |
At Delaware Life, we’re committed to providing consistent and competitive renewal rates on our fixed index annuities, even as market conditions evolve. The majority of our contracts have been renewed at rates equal to or better than the original terms. We also offer a rate lock policy to ensure you receive the more favorable of the initial or renewal rate. While future rates aren’t guaranteed, they will never fall below the minimums outlined in your contract.