Form 497VPU DELAWARE LIFE VARIABLE

November 12, 2025 6:03 AM EST

SUPPLEMENT DATED NOVEMBER 10, 2025
TO

PROSPECTUSES AND UPDATING SUMMARY PROSPECTUSES
EACH DATED MAY 1, 2025, FOR
LARGE CASE VARIABLE UNIVERAL LIFE INSURANCE


ISSUED BY DELAWARE LIFE INSURANCE COMPANY
DELAWARE LIFE VARIABLE ACCOUNT G
This Supplement supersedes and replaces the supplement dated October 20, 2025, to the above-referenced Prospectuses.
This supplement provides important information regarding the following three investment options (collectively, the “Funds”) available under your Policy:

1.
Delaware VIP® Trust: Macquarie VIP Small Cap Value Series
2.
Lincoln Variable Insurance Products Trust: LVIP Macquarie SMID Cap Core Fund
3.
Lincoln Variable Insurance Products Trust: LVIP Macquarie U.S. REIT Fund

On April 21, 2025, Macquarie Group Limited, together with certain affiliates, and Nomura Holding America Inc. ("Nomura"), announced that they had entered into an agreement for Nomura to acquire Macquarie Asset Management's US and European public investments business. The transaction is anticipated to close on or about December 1, 2025 (the “Closing Date”). As summarized in the table below, the Funds’ names will change on the Closing Date, and some of the Funds’ investment advisory arrangements will change as well.

FUND NAME
INVESTMENT MANAGEMENT ARRANGEMENT
Current
On Closing Date
Current
On Closing Date
Macquarie VIP Small Cap Value Series
Nomura VIP Small Cap Value Series
Adviser: Delaware Management Company
Subadviser: Macquarie
Investment Management Global Limited
Adviser: Delaware Management
Company
 
LVIP Macquarie SMID Cap Core Fund
LVIP Nomura SMID Cap Core Fund
Adviser: Lincoln Financial Investments Corporation
Subadviser: Delaware
Investments Fund Advisers
Sub-Subadviser: Macquarie Investment Management Global Limited
Adviser: Lincoln Financial Investments Corporation
Subadviser: Nomura Investments Fund Advisers
 
LVIP Macquarie U.S. REIT Fund
 
LVIP Nomura U.S. REIT Fund
 
Adviser: Lincoln Financial Investments Corporation
Subadviser: Delaware
Investments Fund Advisers
Sub-Subadviser: Macquarie Investment Management Global Limited
Adviser: Lincoln Financial Investments Corporation
Subadviser: Nomura Investments Fund Advisers
Sub-Subadviser: Macquarie Investment Management Global Limited

For more information about the transaction and its effects, please refer to the Funds’ prospectuses.



















THE POLICY REFERENCED IN THIS SUPPLEMENT IS NO LONGER FOR SALE
PLEASE RETAIN THIS SUPPLEMENT WITH YOUR PROSPECTUS FOR FUTURE REFERENCE


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