Guaranteed minimum account value Extra protection with guaranteed upside Target Growth 10 ® includes, at no additional cost to you, the guaranteed minimum account value (GMAV) feature. If your annuity’s account value has not grown by a minimum amount, GMAV ensures you’ll receive a minimum percentage of credited interest after your annuity’s 10-year surrender period ends. Here’s how it works: • 10-year surrender period GMAV guarantees that your annuity’s account value will be at least 125% 1 of the initial premium, less any withdrawals, at the 10th anniversary.
How GMAV protects your money
$125,000
$125,000
$110,000
The account value automatically increases $15,000 to the GMAV, if greater on the contract anniversary immediately following the end of the surrender period.
$100,000 $100,000
Beginning Values
End of 10 Year Term
Beginning Year 11
Account Value
GMAV
This hypothetical example is for illustrative purposes only and does not reflect a specific annuity or an actual account value. It assumes the following: a $100,000 initial premium into the Target Growth 10 ® Fixed Index Annuity; a 10-year surrender period; no withdrawals are taken; a GMAV of 125%. 1 In the state of California, the GMAV is 122%.
Delaware Life Target Growth 10 ® Fixed Index Annuity
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