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Enhanced Annuities – Tips on getting the best annuity quotes for your profile

Many retirees do not even know about enhanced annuities

, why would they?You only retire once in your lifetime and when you do it is a daunting experience. Finding information about the options you have is not easy.Sure you can download information from government websites and read it,the problem is that these guides are full of words you have never heard before,the jargon is not easy to understand.

Enlist the help of a specialist financial adviser

When it comes to making what is probably the most important financial decision of your life it makes sense to get some help and enlist the services of a specialist financial adviser.These guys understand the jargon and also understand if you might qualify for enhanced annuities.

What does the financial adviser do?


What the adviser will do is ask you lots of questions about your retirement objectives and about your financial circumstances as they are today,then about your financial requirements in the future.

There are around 40% of retirees that qualify for enhanced annuities so the adviser will also ask you questions about your health and lifestyle.For example if you smoke,how much alcohol do you consume,are you over weight and are you taking any medication that has been prescribed by you general medical practitioner?

There is no automatic qualification for enhanced annuities so the information collected is given to all the annuity companies that provide enhanced annuities and they will underwrite the information given.Each of these will then provide a personal illustration offering their terms for enhanced annuity rates.

It is possible that a retiree may not qualify on one lifestyle or medical condition on its own, but perhaps a combination or two or more together could provide enhanced annuity quotes. There are reported to be over 1500 different lifestyle or medical conditions could qualify for enhanced annuity rates.

Enhanced Annuities Tips on getting the best annuity quotes for your profile

By: Davids Bell
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