Enhanced Rates
Enhanced annuity rates are available on Impaired Life Annuities which means you can get a higher income for your medical or lifestyle conditions. Over 1500 medical conditions qualify for enhanced rates.
Your existing pension provider will offer you their ”in-house” annuity when you reach retirement. It is very unlikely this will be the best annuity rate you can get!
If you just accept this annuity without shopping around using the Open Market Option AND checking to see if you qualify for an enhanced annuity, you could lose thousands of pounds over the remainder of your life.
Do you qualify for enhanced annuity rates?
To find out if you qualify for an enhanced annuity rate call our experts free today on 0800 0842265 with details of any medication you take and we will find you the highest enhanced rates available. If you prefer us to call you just complete the Online quote request
February 2012: Special Offers: £20 M&S Voucher for every full quotation (one per customer) plus dont forget we give up to £200 cash back on completion for every annuity completed.
There are many standard and enhanced annuity providers and rates change frequently, our commitment is to search the whole market to find the best annuity rate and to negotiate with the providers on your behalf.
You will then recieve a free, individually underwritten, annuity quote. If you decide to buy your annuity through us we will complete all the paperwork on your behalf and our service is FREE.
Case Study : An excellent way of illustrating the benefits of enhanced or impaired life annuities is to show you a real life case study example.
Mr P from Kent - pension pot after tax free cash – £33,135. Having read about the open market option, he contacted us and completed a medical questionnaire over the phone and, as he had a history of heart problems, we contacted all impaired health annuity providers to obtain a higher quote. The annuities quoted below are level with a 50% spouses pension.
This recent case study demonstrates the huge advantages of shopping around to see if you qualify for impaired or enhanced life annuities.
What you can do next!
To help you make the right decision, we offer a completely free review service. We will check the pension offered by your existing provider and compare it with all other providers on the market. In our experience the first enhanced rate annuity offered is not always the best so we will also negotiate with the annuity providers on an individual basis to ensure the providers are offering you the very best enhanced annuity rate available.
If the annuity from your existing pension provider cannot be bettered, we will tell you and there will be no charge for this service.
What are Enhanced Annuity Rates?
Enhanced annuity rates are available to people with existing lifestyle or medical conditions. Its not just smokers who get enhanced rates. Recent research by a leading provider of enhanced annuities, suggests that currently up to 60% of retirees could qualify for an enhanced rate.
For example enhanced annuity rates are available for:
Smoking – obviously
Drinking Alcohol – over 30 units per week
Obesity – a BMI of over 36 - for your BMI click BBC bodymass index
High or Low Blood Pressure - controlled by daily medication
High Cholesterol – controlled by daily medication
Heart conditions
Stroke
Cancer
Diabetes
Respiratory/lung disease
Multiple sclerosis
Plus over 1500 other medical conditions give an enhanced rate annuity and many of the less severe conditions combine to increase the enhanced rates available.
If you take regular medication you will almost certainly qualify for enhanced annuity rates. Call us today for a free quote.
