Delaware Life Insurance Company has introduced a new fixed index annuity option that includes exposure to Bitcoin, becoming the first insurance carrier to do so.

The new offering adds the BlackRock U.S. Equity Bitcoin Balanced Risk 12% Index to Delaware Life’s annuity portfolio, combining digital assets with traditional retirement products.

This structure allows investors to participate in Bitcoin-linked growth while keeping their original investment protected, which is a defining feature of fixed index annuities.

How the BlackRock Index Works

The index blends U.S. equities with Bitcoin in a single strategy. To reduce risk, it targets a volatility level of 12% and adjusts allocations to cash when market swings increase. This approach is designed to smooth out Bitcoin’s sharp price moves rather than mirror them directly.

Bitcoin exposure comes through the iShares Bitcoin Trust ETF (IBIT), removing the need for investors to buy or store crypto themselves. BlackRock says this structure offers a more controlled way to access digital assets within long-term financial planning.

Available Products and Broader Impact

The new index is available across three of Delaware Life’s products: Momentum Growth, Momentum Growth Plus, and DualTrack Income. The launch reflects growing demand from investors and financial professionals looking to combine innovation with downside protection in retirement strategies.

By bringing Bitcoin exposure into annuities, the move signals a broader shift toward blending digital assets with established financial products.