Delaware Life offers 13 insurance products that play a central role in estate planning. Because policy proceeds pass directly to named beneficiaries—bypassing probate entirely—keeping designations current is one of the highest-impact steps policyholders can take.

Managing beneficiaries at Delaware Life is straightforward—changes can be made online, by mail, and by phone, typically taking 15-30 minutes. Trust funding is also available, allowing families to name a trust as the policy beneficiary or establish an irrevocable life insurance trust (ILIT).

There are two sides to estate planning at Delaware Life: setting things up while you're alive, and the process survivors follow after a death.

Preparing your estate

Beneficiaries and trust funding

How to manage beneficiaries online, fund a trust by mail, and review 13 account types at Delaware Life.

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When someone dies

Death claim process

7-step process, 7 required documents, and contact information for survivors.

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Frequently asked questions

Log in to the Onyx portal at delawarelife.com to update beneficiaries online. Alternatively, download the Beneficiary Change form from delawarelife.com/service-forms, complete it with your primary and contingent beneficiary information, and submit by mail to P.O. Box 80099, Indianapolis, IN 46280 or email to [email protected]. You can also call 800-374-3714 to request the form.

Delaware Life supports ownership changes on annuity contracts. However, transferring ownership of a non-qualified annuity to a trust may trigger adverse tax consequences. The standard estate planning approach is to name the trust as beneficiary rather than transferring ownership. Consult a tax or estate planning attorney before changing annuity ownership.

Fixed index annuities (FIAs) like Momentum Growth and DualTrack Income provide growth potential linked to market indices with principal protection against downturns. Multi-year guaranteed annuities (MYGAs) like Apex MYGA and Pinnacle Plus offer a guaranteed fixed interest rate for a set term period (3, 5, or 7 years). MYGAs are designed for conservative investors seeking predictable returns, while FIAs offer higher growth potential with some market-linked variability.

Onyx is Delaware Life's online portal for policyholders. Through Onyx, you can view account information, update beneficiary designations, manage contact details, access service forms, and handle other policy administration tasks. Access the portal at delawarelife.com.

Group 1001, Inc. is the parent company of Delaware Life Insurance Company. Group 1001 is an insurance collective and financial services holding company headquartered in Zionsville, Indiana (10555 Group 1001 Way, Zionsville, IN 46077), and is a subsidiary of TWG Global. Group 1001 comprises Delaware Life, Gainbridge, Clear Spring Life and Annuity Company, Clear Spring Property and Casualty Group, Clear Spring Health, and the RVI Group. As of December 31, 2025, Group 1001 manages approximately $81.6 billion in combined assets under management and provides over 496,000 active annuity contracts and life insurance policies. AM Best has affirmed the group's A- (Excellent) financial strength rating with a positive outlook.

PrimeStart Bonus 10 is a fixed index annuity that includes a 14% premium bonus on all payments made within the first 60 days after contract issue. The bonus is designed to give retirement savings a strong jumpstart. The product also features index account lock and interest crediting based on the lowest index value in the first 90 days after contract issue, which can help clients recover and accelerate growth.