Delaware Life Integrates Cryptocurrency Into Fixed Indexed Annuities

Delaware Life Insurance Company, part of Group 1001, has set a precedent in the insurance industry by integrating the BlackRock US Equity Bitcoin Balanced Risk 12% Index into its fixed index annuities. This initiative makes Delaware Life the first insurance provider to offer a cryptocurrency-inclusive index within a fixed indexed annuity, emphasizing its commitment to innovation. This index will be available across three Delaware Life products, providing annuity investors with an innovative option that ensures full principal protection.

This strategic move highlights a growing trend in the insurance sector to embrace digital asset-linked products, adapting to evolving market dynamics and investor preferences. By including the BlackRock US Equity Bitcoin Balanced Risk 12% Index, Delaware Life aligns itself with the modern demands for product diversification while offering risk management through balanced investment opportunities.

The introduction of cryptocurrency investments within traditional insurance products signifies a significant shift, potentially influencing competitive positioning and market offerings. This development underscores the intersection of regulatory compliance requirements and digital asset underwriting, marking a new era of growth and innovation for carriers and providers in the insurance industry.