What is Delaware Life rating?
Financial Strength Ratings are for Delaware Life Insurance Company only (not our variable annuity subaccounts).
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Financial strength ratings. *
| Issuer |
A.M.Best |
Standard and Poor's |
| Delaware Life Insurance Company Delaware Life Insurance Company of New York |
A− (Excellent)1 |
BBB+ (Satisfactory)2 |
| Outlook |
Stable |
Stable |
Are fixed index annuities safe?
Indexed annuities are as safe as traditional fixed annuities or multi-year guaranteed annuities (MYGA) because they offer both a fixed interest rate each year or interest based on an external stock market index. Like a fixed annuity, fixed index annuities are guaranteed not to lose money.
Is Sun Life now Delaware life?
Effective July 21, 2014, following the receipt of all required board, shareholder, and regulatory approvals, the Company's name was changed from Sun Life Assurance Company of Canada (U.S.) to Delaware Life Insurance Company.
How do fixed index annuities work?
Fixed index annuities are a type of fixed annuity that earns interest based on changes in a market index, which measures how the market or part of the market performs. The interest rate is guaranteed to never be less than zero, even if the market goes down.