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Key Takeaways A straight life annuity completely stops payments upon death, unlike other annuities. Because of this, straight life annuity products are usually less expensive than other, similar products.
The life option typically provides the highest payout, because the monthly payment is calculated only on the life of the annuitant.
Our Annuities Our expanded suite of annuities includes Accelerator Prime® Variable Annuity, Growth Pathway® fixed index annuity, Target Growth 10® fixed index annuity, Target Income 10® fixed index annuity, Retirement Stages Select? fixed index annuity, Pinnacle Plus? fixed annuity and Apex MYGA® fixed annuity.
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Nassau Financial Group, L.P. has successfully completed the acquisition of Delaware Life Insurance Company of New York (DLNY) from Delaware Life Insurance Company, a subsidiary of Group 1001.
Our Story. Delaware Life was founded in 2013 and is a proud subsidiary of Group 1001. As of April 2023, we crossed $20B in cumulative annuity sales, and we're gearing up to hit more milestones. At our core, we specialize in retirement services and helping people achieve their long-term financial goals.
Delaware Life receives a rating of A- (Excellent) from AM Best. It is not the highest score available, but it is still an above-average score that denotes financial reliability.
Delaware Life receives a rating of A- (Excellent) from AM Best. It is not the highest score available, but it is still an above-average score that denotes financial reliability.
There are three primary types of retirement annuities: fixed, variable and indexed. A fixed annuity provides a fixed amount of return, or income, over a specific number of years or over your lifetime. With a fixed annuity, you will know ahead of time how much return to expect when the payments start.