Delaware Life Variable Account F

10/30/2025 | Press release | Distributed by Public on 10/30/2025 09:14

Summary Prospectus for New Investors by Investment Company (Form 497VPI)

DELAWARE LIFE ACCELERATOR PRIME® VARIABLE ANNUITY
An individual flexible payment variable annuity
Issued by
Delaware Life Insurance Company
Supplement dated October 30, 2025
to the Prospectus dated May 1, 2025 and
the Initial Summary Prospectus dated
May 1, 2025
This Rate Sheet Prospectus Supplement (the "Supplement" or "Rate Sheet Supplement") provides certain information contained in the Delaware Life Accelerator Prime® Variable Annuity Prospectus dated May 1, 2025, as Supplemented (the "Prospectus"). Capitalized terms not defined in this Supplement have the same meaning as set forth in the Prospectus.
We are issuing this Supplement to provide: (1) For the GLWBs, the current Lifetime Withdrawal Percentages (the "LW%"), Lifetime Withdrawal Adjustment Factors applied to the LW%, Bonus Rates ("BR%"), Bonus Period Lengths, Election Lockout Period, GLWB Fees, GLWB Fee Rate Lock Period (for the Flex Income Boost GLWB and Flex Income Control GLWB only) and the Termination Lockout Period; (2) For the GMAB, the current Terms, GMAB Factor, GMAB Subsequent Purchase Payment Adjustment Factor and the GMAB Fee, if you elect a GMAB; and (3) For the HAV and ROP Death Benefits, the current HAV Fee Rate and ROP Fee Rate.
These rates, charges and values for the optional benefit riders will not change for the life of your Contract (unless subject to a Step-Up as described in the Step-Up Feature section of the Prospectus, a successive Term as described in the GMAB section of the Prospectus, a change in the GLWB Fee for the Flex Income Boost GLWB or the Flex Income Control GLWB, after the GLWB Fee Rate Lock Period.) At the time of a Step-Up or GLWB Fee increase after GLWB Fee Rate Lock Period, the annual GLWB Fee Rate may increase up to 2.50% (0.625% quarterly). If you elect a successive Term under a GMAB, the annual GMAB Fee Rate may increase up to 1.50% (0.375% quarterly).
If you would like another copy of the current Prospectus, including any historical rates and fees, you may obtain one by visiting https://dfinview.com/DelawareLife/TAHD/246115208 or by calling us at (800) 374-3714. The Prospectus and this Supplement can also be found on the U.S. Securities and Exchange Commission's website (www.sec.gov) by searching File No. 333-238865.
The GLWB, GMAB, HAV Fee and ROP Fee rates, charges and values below apply to applications signed and received In Good Order between November 3, 2025 and November 30, 2025.
LW%
The Lifetime Withdrawal Percentage is based on the age of the youngest GLWB Covered Person on the Income Start Date and on the date of any subsequent Step-Up, as shown in the table below.
LW% for the Income Boost GLWB and Flex Income Boost GLWB 
Age on
Your Income Start Date and
any Subsequent Step-Up date*
Lifetime Withdrawal Percentage
Single-Life Coverage
Lifetime Withdrawal Percentage
Joint-Life Coverage
less than 55
0.00%
0.00%
55-59
4.00%
3.50%
60-64
4.25%
3.75%
65-69
5.50%
5.00%
70-74
5.65%
5.15%
75-79
5.80%
5.30%
80-84
6.00%
5.50%
85+
6.00%
5.50%
LW% for the Income Control GLWB and Flex Income Control GLWB 
Age on
Your Income Start Date and
any Subsequent Step-Up date*
Lifetime Withdrawal Percentage
Single-Life Coverage
Lifetime Withdrawal Percentage
Joint-Life Coverage
less than 55
0.00%
0.00%
55-59
4.25%
3.75%
60-64
4.80%
4.30%
65-69
6.15%
5.65%
70-74
6.35%
5.85%
75-79
6.60%
6.10%
80-84
6.75%
6.25%
85+
6.75%
6.25%
*
If you elect joint-life coverage, the age ranges are based upon the age of the younger spouse as described under "GLWB Covered Person and Joint GLWB Covered Person."
LIFETIME WITHDRAWAL ADJUSTMENT FACTOR ("LWAF")
The LWAF is the factor set on the Election Date used in the calculation of the Adjusted Lifetime Withdrawal Percentages. The LWAF determined on the Election Date is based on the difference between the Adjustment Election Rate and Adjustment Base Rate, i.e. B-A
Where:
A
= The Adjustment Base Rate
B
= The Adjustment Election Rate
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To determine the Adjusted Lifetime Withdrawal Percentages, you add the LWAF to the Lifetime Withdrawal Percentages effective on the Issue Date. 
B-A
LWAF
-3.00% and lower
-2.40%
-2.75% to -2.99%
-2.20%
-2.50% to -2.74%
-2.00%
-2.25% to -2.49%
-1.80%
-2.00% to -2.24%
-1.60%
-1.75% to -1.99%
-1.40%
-1.50% to -1.74%
-1.20%
-1.25% to -1.49%
-1.00%
-1.00% to -1.24%
-0.80%
-0.75% to -0.99%
-0.60%
-0.50% to -0.74%
-0.40%
-0.25% to -0.49%
-0.20%
0.00% to -0.24%
0.00%
0.00% to 0.24%
0.00%
0.25% to 0.49%
0.20%
0.50% to 0.74%
0.40%
0.75% to 0.99%
0.60%
1.00% to 1.24%
0.80%
1.25% to 1.49%
1.00%
1.50% to 1.74%
1.20%
1.75% to 1.99%
1.40%
2.00% to 2.24%
1.60%
2.25% to 2.49%
1.80%
2.50% to 2.74%
2.00%
2.75% to 2.99%
2.20%
3.00% to 3.24%
2.40%
3.25% to 3.49%
2.60%
3.50% to 3.74%
2.80%
3.75% and greater
3.00%
BR%
On each Contract Anniversary during a Bonus Period, we will calculate a Bonus Amount that may be added to the Withdrawal Benefit Base. The Bonus Amount will be equal to the current Bonus Base multiplied by the Bonus Rate. The Bonus Rate is 7.50% for the Income Boost GLWB and Flex Income Boost GLWB and 8.00% for Income Control GLWB and Flex Income Control GLWB.
BONUS PERIOD LENGTHS
We currently offer a ten-year Bonus Period.
ELECTION LOCKOUT PERIOD
If you elect and activate the Flex Income Boost GLWB or the Flex Income Control GLWB, you cannot elect either GLWB for a period of one year from the Issue Date.
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GLWB FEE
The GLWB Fee is deducted from the Contract Value on the last Valuation Period of each Contract Quarter. The GLWB Fee is calculated by multiplying the annual GLWB Fee Rate (divided by four) by the Withdrawal Benefit Base. The annual GLWB Fee Rate is currently 1.50% (0.375% quarterly) for Income Boost GLWB and Flex Income Boost GLWB and 1.35% (0.3375% quarterly) for Income Control GLWB and Flex Income Control GLWB. The GLWB Fee will never exceed the maximum annual GLWB Fee Rate of 2.50% (0.625% quarterly) for a Step-Up, or after the GLWB Fee Rate Lock Period.
GLWB FEE RATE LOCK PERIOD
If you elect and activate the Flex Income Boost GLWB or Flex Income Control GLWB, your GLWB Fee will not change for a two-year period, known as the GLWB Fee Rate Lock Period. However, after the GLWB Fee Rate Lock Period, we may increase it up to 2.50% (0.625% quarterly) at one time or in increments.
GMAB TERMS
We currently offer a ten-year Term known as the Armor Ten GMAB and a seven-year Term known as the Armor Seven GMAB.
GMAB FACTORS
The GMAB Factor for the initial Term is 110% for the Armor 10 GMAB and 100% for the Armor 7 GMAB.
GMAB Subsequent Purchase Payment Adjustment Factors
The current GMAB Subsequent Purchase Payment Adjustment Factors for the initial Term are:
Armor Ten GMAB 
Completed Years of Term
at time Purchase
Payment is received
Purchase Payment
Adjustment Factor
0
90%
1
80%
2
70%
3
60%
4
50%
5
50%
6
50%
7
50%
8
50%
9
50%
Armor Seven GMAB 
Completed Years of Term
at time Purchase
Payment is received
Purchase Payment
Adjustment Factor
0
85%
4
Completed Years of Term
at time Purchase
Payment is received
Purchase Payment
Adjustment Factor
1
70%
2
60%
3
50%
4
50%
5
50%
6
50%
GMAB FEE
The GMAB Fee is deducted from the Contract Value on the last Valuation Period of each Contract Quarter. The GMAB Fee is calculated by multiplying the annual GMAB Fee Rate (divided by four) by the GMAB Base. The annual GMAB Fee Rate is currently 0.60% (0.15% quarterly) for the Armor Seven GMAB and the Armor Ten GMAB.
The annual GMAB Fee Rate will never exceed the maximum annual GMAB Fee Rate, currently 1.50% (0.375% quarterly) for successive Terms.
HAV FEE
The HAV Fee is deducted from the Contract Value on the last Valuation Period of each Contract Quarter. The HAV Fee is calculated by multiplying the annual HAV Fee Rate (divided by four) by the HAV Value. The annual HAV Fee Rate is 0.25% (0.0625% quarterly). The annual HAV Fee Rate will never exceed the maximum annual HAV Fee Rate, currently 2.00% (0.50% quarterly)
ROP FEE
The ROP Fee is deducted from the Contract Value on the last Valuation Period of each Contract Quarter. The ROP Fee is calculated by multiplying the annual ROP Fee Rate (divided by four) by the ROP Value. The annual ROP Fee Rate is 0.10% (0.025% quarterly). The annual ROP Fee Rate will never exceed the maximum annual ROP Fee Rate, currently 2.00% (0.50% quarterly)
TERMINATION LOCKOUT PERIOD
You may not terminate your GLWB for a five-year period from the Issue Date or the Election Date.
If you have any questions regarding this Supplement, please call the Service Center toll-free at (800) 374-3714 or write to us by mail - Delaware Life Insurance Company, P.O. Box 80428, Indianapolis, IN 46280; by express mail -Delaware Life Insurance Company, 10555 Group 1001 Way, Zionsville, IN 46077 and by facsimile at (800) 883-9165.
This Supplement must be accompanied by, and read in conjunction with, the current Prospectus dated
May 1, 2025 and the Initial Summary Prospectus May 1, 2025.
Please read this Supplement carefully and retain it for future reference.
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Delaware Life Variable Account F published this content on October 30, 2025, and is solely responsible for the information contained herein. Distributed via Edgar on October 30, 2025 at 15:14 UTC. If you believe the information included in the content is inaccurate or outdated and requires editing or removal, please contact us at [email protected]