Delaware Life Insurance Launches Bitcoin-Linked Fixed Indexed Annuity
Delaware Life Insurance Pioneers Bitcoin-Linked Fixed Indexed Annuity
Delaware Life Insurance Company, part of Group 1001, has unveiled a groundbreaking addition to its fixed index annuity offerings by integrating the BlackRock U.S. Equity Bitcoin Balanced Risk 12% Index. This initiative, launched from their Zionsville, Indiana office, positions them as the first insurer to connect a cryptocurrency-linked index with a fixed index annuity product. This innovative move aims to enhance diversification strategies while ensuring principal protection for investors.
AI-Driven Diversification and Risk Management
Colin Lake, President & CEO of Delaware Life Marketing, stated, "Partnering with BlackRock enables us to offer innovative solutions in today’s evolving retirement-planning landscape." This collaboration addresses the growing demand among financial professionals and clients for balanced growth opportunities coupled with robust risk management features.
Strategic Integration Within Annuity Solutions
The BlackRock U.S. Equity Bitcoin Balanced Risk 12% Index is crafted to provide measured exposure to Bitcoin while maintaining annuity protections. Robert Mitchnick, BlackRock’s Global Head of Digital Assets, noted, "This index allows policyholders to carefully engage with digital assets while preserving expected annuity protections," emphasizing its strategic role within broader indexed annuity solutions.
Expanding Traditional and Digital Investment Realms
This new index complements Delaware Life’s existing suite of products, including the Momentum Growth™, Momentum Growth Plus™, and DualTrack Income™ annuities. Coinciding with Bitcoin's 17th anniversary, it offers a traditional financial product that bridges digital and conventional investment realms, underscoring regulatory compliance requirements and security.
Delaware Life remains committed to equipping financial professionals with adaptable products that ensure both security and future growth potential. Professionals seeking detailed product information can visit Delaware Life's website for comprehensive insights.
Group 1001, the parent company, manages a diverse portfolio of financial service brands, focusing on accessible and comprehensible insurance and annuity offerings. Meanwhile, BlackRock continues to drive financial well-being with cutting-edge financial technology and asset management solutions. For detailed inquiries, professionals are encouraged to access Delaware Life's official channels.