Indexed annuity updates from Corebridge and Delaware Life

By Sat, Aug 1, 2026

Corebridge Financial has added a GMAB and 'preset allocations' to some of its Power Series of Index Annuities. Delaware Life has launched 'TrackGuard+'.

Corebridge enhances Power Series

Corebridge Financial, whose merger with Equitable nears completion, has added Protected Growth Benefit and “preset allocation options” to select versions of The Power Series of Index Annuities. The changes will enhance “the accumulation and diversification capabilities” of the company’s index annuities, a release said.

Protected Growth provides a guaranteed minimum accumulation benefit (GMAB). “While there are no fees for this optional product feature, interest crediting rates are lower when Protected Growth is elected,” according to the release. The Protected Growth Benefit rate for contracts with a 7-year surrender period is currently 26.25% and 17.5% for contracts with a five-year surrender period.

A contract with a $100,000 premium would have a guaranteed minimum contract value of $126,250 after seven years or a guaranteed minimum contract value of $117,500 after five years, depending on the term of the contract. The Protected Growth Benefit is available only on Power Index 5 Plus and Power Index Plus and is not available in California or New York.

Contract owners can pick any of five pre-set, blended indexing strategies – U.S. Stability, Global Stability, Balanced, U.S. Growth, and Global Growth – that include allocations to the S&P 500, Russell 2000, PIMCO Global Optima Index, MSCI EAFE, ML Strategic Balanced Index and Franklin Quality Dividend.

Pre-set allocation options are available in select products within The Power Series of Index Annuities family. There are no fees associated with this product feature. For more information, visit What We Offer on corebridgefinancial.com.

Delaware Life introduces TrackGuard+

Delaware Life Insurance Co. has launched TrackGuard+, a bonus fixed index annuity (FIA) that adds “a high upfront premium bonus” and “enhanced in-contract liquidity” to several index crediting strategies and the customary principal protection.

TrackGuard+ features:

  • A 21-26% bonus on the first-year premium. The bonus varies by state and is subject to a recapture schedule if the contract is surrendered during the surrender period. The client keeps all the interest credited to the bonus from contract issue even if the bonus is later recaptured.
  • Available indexes are the S&P 500 Dynamic Intraday TCA, Nasdaq-100 Volatility Control 12%, BlackRock U.S. Equity Bitcoin Balanced Risk 12%, Barclays Aries, and the S&P 500.
  • Beginning in the second contract year, for 0.95% fee, clients can carry forward any unused free withdrawal percent from the prior year, stacking on top of the standard 7% annual allowance for up to a maximum of 28% penalty-free access in a single year. The benefit applies even after a prior-year withdrawal.
  • Starting in the fifth contract year, policyholders are guaranteed at least 100% of premium (less withdrawals and net of market-value adjustments, recaptured bonus, and contingent deferred sales charges) on surrender. The benefit increases to amounts exceeding 100% of premium in later years.
  • At the end of year 10, the Premium Guard benefit ensures the account value is at least equal to premiums plus premium bonus (less prior withdrawals and recaptured premium bonus). The Premium Guard Credit will be applied pro-rata across the current allocations after any applicable fees are taken.

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