Get up to 40% More Annuity Income
Impaired health annuities (sometimes called impaired life annuities) aim to provide a higher annuity income for those people who meet certain health criteria. In life assurance, poor health normally means that you are penalised, however, the opposite is true with annuities where poor health, and consequently decreased life expectancy, means that you enjoy higher annuity rates.
Conditions for which a person may qualify for an impaired health annuity include: Chronic Heart Disease, Chronic Lung Disease, Motor Neurone Disease, Parkinson's Disease, Hodgkin's Disease, Alzheimer's Disease, Serious Stroke, Some primary malignant cancers & secondary malignant cancers, Multiple Sclerosis, Alzheimer's Disease.
The number of insurance companies offering impaired health annuities is growing rapidly and each application is individually underwritten to ensure that your full details are taken into account. Impaired health annuities are available for both pension and non-pension annuities.