Annuities For Ill Health

If you suffer from ill health, some insurance companies will offer you a higher retirement income than to someone in good health. You could get up to 40% more income.

Retirement income

You could get a substantially higher retirement income if your medical condition(s) are more serious, and perhaps life threatening. The more serious the ill health the higher the retirement income.

There are two types of annuities for those with ill health, an enhanced annuity and an impaired life annuity. An enhanced annuity is appropriate for people with mild medical conditions as well as some more serious ones.

An impaired life annuity is appropriate for people with more serious, life-threatening medical conditions, and can lead to annuity rates 50% to 60% higher, or perhaps even more.

Examples of the higher retirement income you might receive for various medical conditions can be seen on the enhanced annuity rates page.

Medical conditions

There are over 1,500 medical and lifestyle conditions that can be considered for higher annuity rates, too many to attempt to list. What is important is that you tell us all you can about your medical condition(s) and any medication you’re taking. This can lead to your circumstances being assessed correctly and to you getting the best annuity rates.