Enhanced annuity rates

Do not skip this page - you could be entitled to higher rates for your annuity. Research has shown that up to 40% of people could obtain enhanced rates when they set up their annuity, yet only a tiny proportion actually apply for them.

• Do you smoke cigarettes?
• Do you suffer any medical conditions or have you ever been hospitalised for a serious illness?
• Are you currently taking prescribed medication?

If you can answer yes to any of these, we may be able to secure you enhanced rates if your pension fund is over £10,000.

People who smoke at least 10 cigarettes a day and have done so continuously for the last 10 years will generally get a better rate.

1,500 reasons which could enhance your annuity

Make sure you declare any lifestyle or medical conditions so we can check if you qualify for special annuity rates. It could help us get a significantly better deal for you.

Some annuity providers will pay you a higher income if you have certain medical conditions. Statistics show that people with certain health conditions have a shorter than average life expectancy. These specialist providers use this to your advantage: they will pay you a higher income because they calculate that, on average, your income should be paid out for a shorter period of time.

There are over 1,500 conditions that could result in a better annuity. A handful is listed below, but there are many more that qualify.

• Diabetes
• Rheumatoid arthritis
• Early stage dementia
• Parkinson’s disease
• Stroke
• Cancer
• Heart attack
• Angina

You don’t have to be seriously ill

A client who is fit and now runs marathons but who suffered a heart attack 10 years ago still qualifies for an enhancement.

Download the medical questionnaire »