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Did you know that 40%* of people could qualify for an enhanced annuity due to lifestyle or health conditions. But did you realise that 28%* of annuitants receive less income for the rest of their lives as a result of selecting the wrong annuity? This can be significant for someone with serious health conditions, who could potentially earn up to 33%* more income than from an equivalent standard annuity.
To ensure you don't miss out – can you answer ‘yes’ to any of the following three simple questions?
1. Do you smoke?
2. Are you currently taking prescribed medicine?
3. Have you ever been hospitalised due to a serious medical condition?
If the answer is 'yes' to any of these then you could qualify for an enhanced annuity rate. What about your partner's health too? You could also enhance the rate offered on a joint contract.
Please contact us if you need further information or explanation or to see if we can improve on the annuity offered to you by your current pension provider.
*source Partnership Assurance