Impaired Life Annuity


Last updated: 20/03/2014


An Impaired Life Annuity is a type of lifetime annuity.


If you smoke or have problems with your health, insurance companies will usually offer you a higher monthly retirement income than someone in good health.

Too many people miss out on an Impaired Life Annuity and the higher annuity income that they offer by not shopping around.

Did you know that people, who suffer from various forms of cancer, diabetes, high blood pressure, heart disease, chronic asthma, multiple sclerosis and many other illnesses, can qualify for a significantly better annuity rate?

Impaired Life Annuity rates can be significantly higher than standard annuity rates, depending on the exact nature of the medical condition suffered by the annuitant.

If you suffer from any illness that will definitely shorten your life, you should ask about an Impaired Life Annuity.

If you suffer from any of the illness that has the potential to shorten your life, you should ask about an Enhanced Annuity.

Will an Impaired Life Annuity be suitable for you? Find out by asking an adviser.