Delaware Life's Cryptocurrency Integration: Innovating Fixed Index Annuities

Delaware Life Insurance Company, part of Group 1001, has made a groundbreaking move by incorporating the BlackRock U.S. Equity Bitcoin Balanced Risk 12% Index into its fixed index annuity portfolio. As the first insurance carrier to integrate a cryptocurrency-based index, Delaware Life offers a novel opportunity for investors seeking portfolio diversification and Bitcoin exposure, all while ensuring full principal protection within their FIAs.

According to Colin Lake, President & CEO of Delaware Life Marketing, this partnership with BlackRock underscores the company's commitment to innovative investment offerings in the annuity market. Lake emphasized, "We’re proud to partner with BlackRock as the first insurance carrier to offer cryptocurrency exposure through a fixed index annuity," highlighting how the firm is advancing retirement planning to meet client needs for growth potential and risk management.

Strategic Integration of Digital Assets

The BlackRock U.S. Equity Bitcoin Balanced Risk 12% Index is crafted to provide a balanced approach to cryptocurrency exposure while maintaining essential safety nets typical of traditional annuity products. Delaware Life's offerings, such as Momentum Growth™, Momentum Growth Plus™, and DualTrack Income™, will now include this innovative index.

Robert Mitchnick, Global Head of Digital Assets at BlackRock, remarked on the importance of this launch as it aligns with the increasing demand for Bitcoin inclusion in traditional investment vehicles. He noted, "The BlackRock U.S. Equity Bitcoin Balanced Risk 12% Index delivers a measured approach, enabling policyholders to engage with digital assets while enjoying the protection provided by annuity products."

For more detailed information about the BlackRock U.S. Equity Bitcoin Balanced Risk 12% Index and the various FIAs offered by Delaware Life, interested parties are encouraged to visit the company’s website.

This strategic advancement is indicative of a larger trend within the insurance industry, as companies navigate regulatory compliance requirements and adapt to integrate digital assets into traditional financial products, driving innovation and responding to client demand.