Enhanced rates

Your smoking habits and medical condition or conditions, both past and present, can all affect your normal life expectancy. Some annuity providers now take this information into account when setting their annuity rates. In some cases, this can mean substantially higher income levels than those payable from standard conventional annuities.

It is important to note that any entitlement to an improved annuity rate will be based on a possible reduction in your life expectancy, NOT your quality of life. That is, you may qualify for a higher income without necessarily having any impairment to normal living.

For all these annuities, each case is assessed individually. Please be sure to let us know on the Checklist if you think you may qualify.