Delaware Life FIAs: Higher Caps for S&P Crediting Strategy
Exciting news! Effective February 1, 2016, Delaware Life will be increasing the caps, available in Retirement Stages 7 SM Fixed Index Annuity and Retirement Chapters 10 SM Fixed Index Annuity, for the S&P Annual Point to Point with Cap crediting strategy:
- Retirement Stages 7 SM 6.00% (up from 5.00%)
- Retirement Chapters 10 SM 5.00% (up from 4.20%)
The new caps are very competitive and, along with features such as STAIRSM, make Delaware Life fixed indexed annuities an attractive option for your clients.
Business Transition Rules:
- All cases issues prior to February 1 will receive current caps.
- All cases issues February 1 or later will receive the NEW, higher caps.
Note: All pending cases received prior to February 1 have a 60 day rate lock for current caps, but will receive the greater of current caps at time of issue or the rate lock.
Contact CreativeOne directly at 800.992.2642 or Delaware Life’s account management team, or visit Delaware Life’s website for illustrations and sales kits at www.delawarelife.com.