497 1 ishareus.htm


SUPPLEMENT DATED FEBRUARY 16, 2016
TO


PROSPECTUSES DATED MAY 1, 2015
FOR MASTERS CHOICE, MASTERS FLEX, MASTERS EXTRA, MASTERS CHOICE II, AND
MASTERS FLEX II


PROSPECTUSES DATED APRIL 29, 2011
FOR MASTERS ACCESS, MASTERS I SHARE, AND MASTERS EXTRA II


PROSPECTUSES DATED APRIL 11, 2006, AS SUPPLEMENTED DECEMBER 29, 2006,
AND PROSPECTUSES DATED MAY 1, 2006
FOR MASTERS IV AND MASTERS VII

ISSUED BY DELAWARE LIFE INSURANCE COMPANY
DELAWARE LIFE VARIABLE ACCOUNT F


In December 2015, the Board of Trustees of the Columbia Variable Insurance Trust I approved a proposal to merge each fund listed below as an Acquired Fund with and into the corresponding fund listed below as an Acquiring Fund. Each of the mergers is subject to certain conditions, including approval by shareholders of the applicable Acquired Fund at a shareholders meeting expected to be held in the first half of 2016. If the mergers are approved by shareholders, the Acquiring Funds will be added as investment options under your Contract immediately prior to the merger.


Acquired Fund
Acquiring Fund
   
Variable Portfolio – Loomis Sayles Growth Fund II
Variable Portfolio – Loomis Sayles Growth Fund
   
Columbia Variable Portfolio – Large Cap Growth Fund II
Columbia Variable Portfolio – Large Cap Growth Fund
   
Columbia Variable Portfolio – International Opportunities Fund
Columbia Variable Portfolio – Select International Equity Fund








THIS SUPPLEMENT SHOULD BE READ AND RETAINED FOR FUTURE REFERENCE.