Diabetic annuities are available from an ever expanding range of companies. Diabetes annuities will take into account your overall health and assess this in order to provide you with an income which accurately reflects your overall situation. Unlike life assurance where your diabetes is likely to result in significantly higher premiums, diabetes annuities will potentially provide you with a higher annuity income than you could otherwise expect to receive. As part of the application process the annuity provider will normally ask for a medical report to assess the severity of your diabetic condition to determine the level of annuity income offered.
In fact, companies can provide these preferential rates for a number of conditions such as stroke, cancer and heart attack where the higher income that you can potentially received will more accurately reflect your perceived life expectancy, thereby providing you with better value from your annuity, whether it has been effected via a pension scheme or some other investment.