Annuity Quotes

Annuity quotes vary greatly between different providers. It’s important you know what you’re looking for and provide accurate information about yourself if you’re to get the best annuity quotes.

Best annuity quotes

Best annuity quotes are based on many factors: your age, gender, health, lifestyle, marital status, size of pension fund, the options you select, and more. As annuity quotes are becoming more bespoke, one of our advisers can guide you through this process, ensuring you get the best annuity quotes.

Annuity options

Selecting the right annuity quotes will give you a true picture of your retirement income possibilities. To do this properly research the different different types of annuities available, and the annuity options you might require.

For example, don’t get a conventional annuity quote if you have ill health or if you smoke. You could benefit from an enhanced annuity which pays higher annuity rates.

If you’re married don’t get an annuity quote on a single life basis without considering a joint life annuity first.

Annuity quote

If you’re a non-smoker and considered fit and healthy, you need an annuity quote based on standard annuity rates. If you smoke or have health problems, you need an annuity quote based on enhanced annuity rates.

The annuity quotes you get from us are likely to be higher than the quote you have from your existing pension provider, possibly up to 40% higher, or even more. It is also likely that they will not offer you the right options.

Annuities with increasing incomes

As an alternative to annuities with a fixed income throughout, there are annuities available with increases in payment each year (an escalating income), such as by 3%, 5%, or in line with the Retail Prices Index (RPI), see inflation proof annuity. Whilst this might help offset the effects of inflation, it will affect the initial incomes quoted.

For example, if you opt for the 3% increase the starting income shown in your quote would be around 25-30% lower than the figures in a level income quote, and, if you opt for the RPI increase, the starting income shown would be around 35% lower.

To obtain your free, no obligation annuity quotes you can enquire online, or call us free on 0800 0124 374. One quick free phone call from you can make all the difference. We’re here Monday to Friday, 9 am to 6 pm.