Delaware Life Insurance Company Website

Delaware Life Insurance Company Website – We have made it our mission to provide value to our network of financial professionals with the tools and products to help their clients plan for retirement with confidence. Our focus is to give our customers an experience that gives them exactly what they are looking for: ease of understanding, clear reliability, and simple products without unnecessary things.

Founded in 2013, Delaware Life Insurance Company is a subsidiary of Group 1001 Insurance Holdings, LLC (“Group 1001”): a dynamic business network that makes insurance more accessible, effective and affordable for everyone. . As of June 30, 2022, the company had $41.8 billion in assets and $39.7 billion in liabilities (excluding Delaware Life Insurance Company of New York) and more than 320,000 annual and life insurance policies.

Delaware Life Insurance Company Website

The financial strength rating does not take into account the principal amount or performance of the bank’s investments or fund formation. variable cost of goods.

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AM Best Company assigns ratings from A++ to S based on the company’s financial strength and ability to meet obligations to contract holders. A- (Government) ranked fourth out of 16 estimates. For more information on the classification, visit:

Standard & Poor’s assigns ratings from AAA to D based on a company’s financial ability to meet its financial obligations. BBB+ (stable) is rated 8 out of 21 possible ratings. For more information on the rankings, visit

Fitch assigns ratings from AAA to C based on the company’s financial strength. A- (Strength) is the 7th highest out of 19 ratings. For more information on the ratings, visit

These indicators are provided for informational purposes only. Brands are opinions only of professional organizations. Delaware Life Insurance Company does not endorse or accept any responsibility for the samples provided by the relevant agencies. Prizes may be changed, modified or withdrawn by the relevant authorities at any time.

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Our priority is to provide policyholders with a stable and financially secure future through exceptional service and support. To fulfill this promise, we will retain and develop our skilled and talented workforce by attracting employees with unparalleled business experience, deep relationships and strong respect for our distribution partners and insurers.

We are actively seeking outstanding individuals who can help us continue our efforts to bring new options and ideas to the financial services industry. With the help of a trusted expert, it is easy to find the perfect combination of insurance and price.

Delaware Life Pros: Carrier has 50 years of experience in the insurance industry. It has a high rating from AM Best and BBB and a stable rating from Standard & Poor’s. Financial stability is strong. It offers many annual options. There is an impressive number of insurance policies that are enforced and offer coverage in many states.

Delaware Life Cons: Not a BBB accredited business. Over the years there have been many customer complaints against the driver and complaints about the many negative customer reviews on many websites. Consumers are expressing frustration that the claims have been confirmed. There is no promise of response time for formal claims. There is no 24/7 claims reporting or online application available and no live policy examples.

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Delaware Life offers many options for those in the annuity market and those looking for life insurance. If you’re ready to plan for retirement or quickly manage your finances, Delaware Life may have the solution you’re looking for.

Delaware Life was founded in 1970. With more than 50 years of experience in the insurance industry, Delaware Life has established itself as a leading company that can offer quality products and solutions. The carrier currently offers only two life insurance policies, but several types of annuities. Promotion is available in all states except New York and is not offered in DC.

As of 2020, Delaware Life has $40.1 billion in assets. There are currently over 340,000 life insurance and annuity policies in force. Delaware Life has reported approximately $14 billion in investable assets and $38.5 billion in liabilities.

Delaware Life’s half-century history, strong advertising and strong brands help the carrier earn a reputation as a financially sound insurance company and a strong vision for the future. AM Best, a leading credit rating agency in the insurance industry, gives Delaware Life an “A- “, indicating that the carrier is a great choice for insurance buyers. The “A-” rating assures consumers that Delaware Life can offer guaranteed, safe coverage from a reliable and reputable carrier.

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Founded in 1899, AM Best is one of the oldest classification companies in the world. The AMBest ratings indicate the financial strength and creditworthiness of an insurance company and are based on comprehensive performance reviews. of the company, business profile and balance sheet. For consumers unfamiliar with the reputation of insurance companies, AM Best’s rating system allows them to make an informed decision about who they can trust. meet their needs in the short term, and who will remain strong, financially stable. company in the long run.

Although Delaware Life does not advertise discount offers to customers on its website or direct mail, there are many life insurance discounts that offered by many other companies. These minors include:

An independent insurance agent can help you find the right discount information and rates for insurance through Delaware Life. When it comes to insurance, independent insurance agents work hard to help you get the most bang for your buck.

Delaware Life handles most customer inquiries by phone and regular mail. The space agency provides the following customer services:

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While Delaware Life offers direct contact opportunities, the easiest way to set up the right insurance for you is to work with an independent insurance agent. . Independent insurance agents also handle claims and other insurance matters for you and help facilitate customer service.

For starters, Delaware Life only accepts claims filed by mail, making the process slower than most other insurance companies that submit claims over the air. internet or by phone 24 hours a day. Apply via /7. The carrier’s official website does not state a specific time it will respond to claims, but consumers are reporting frustrating, long delays in hearing from Delaware Life after filing.

Delaware Life offers a customer service hotline that is available during limited hours Monday through Friday. The operator does not offer a 24/7 phone line, but they do provide an email address for additional customer information.

Delaware Life accepts claims by regular mail. The official website does not provide a step by step version, but applications are also available for users to download through their accounts on download From there, users can print the form and send it to the appropriate mailing address listed on the website.

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The official website of the carrier seems to be a bit outdated and unavailable. Some relevant information is not listed or available to existing customers or customers, such as Carrier Claims Processing FAQs – a courtesy provided by many insurance companies. Modern. Consumers also cannot file claims online, which holds Delaware Life back compared to many other carriers today. Delaware Life also does not provide options to request or match a quote from an agent through its website. The organization has an ad campaign on Facebook, to make it easier for customers to use it, but the page does not seem to be very active or responsive. The organization also does not provide a mobile phone for smartphone users, making it look even more outdated.

“No! Don’t use it!! I’ve had nothing but problems with them since I started. They will keep you from earning your own money by finding all the ways to paid bills.. They gave me a delivery. day for my account. When the day came when I went to Fidelity, they charged me $1,600.

“Bad company, bad service and bad, every time I call, they put me on hold and transfer me to different departments. My 90 year old mother ended up with this company and only got his money, try to send it. When I call, they give another excuse for the check not clearing, now, to collect money, and other things they shouldn’t do. business.

“Delaware Life was created when private investors bought a block of business from Sun Life Financial. The company started with more than 500 employees and now it’s down to less than 200. Outsourcing Jobs is a disaster overall. There is a lot of lack of understanding. It seems. Poor customer service. Policyholders and agents only have to wait 45 minutes to speak to a representative. services.There are many life insurance policies

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