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enhanced/impaired annuity

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candygirl
candygirl Posts: 29,455 Forumite
Part of the Furniture 10,000 Posts Name Dropper Photogenic
in Pensions, annuities & retirement planning
Does anyone know anything about these, as I haven't a clue.Dad asked me today as apparently my Mum has one that she can transfer, but she is suffering from extremely high blood pressure and osteoprosis, so wondered if she could get an enhanced one :confused::confused::confused: God knows what he's one about:confused::confused:
"You can't stop the waves, but you can learn to surf"

(Kabat-Zinn 2004):D:D:D

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  • dunstonh
    dunstonh Posts: 119,764 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Combo Breaker
    Does anyone know anything about these, as I haven't a clue.

    All IFAs will.
    she is suffering from extremely high blood pressure and osteoprosis, so wondered if she could get an enhanced one

    two prescribed medications is the general norm. high blood pressure does. Smokers do as well (you dont mention that but just in case).

    you cannot get quotes online for them as they have to be made aware of the medical details and the companies will then price based on that. Any internet site showing quotes is using pure guesswork. Many of the companies in this area will only transact through IFAs. Including the most popular one that tends to come out top more than anyone else.

    Its a simple transaction for any IFA to do so get your dad to speak to an IFA.
    I am an Independent Financial Adviser (IFA). The comments I make are just my opinion and are for discussion purposes only. They are not financial advice and you should not treat them as such. If you feel an area discussed may be relevant to you, then please seek advice from an Independent Financial Adviser local to you.
  • candygirl
    candygirl Posts: 29,455 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    dunstonh wrote: »
    All IFAs will.



    two prescribed medications is the general norm. high blood pressure does. Smokers do as well (you dont mention that but just in case).

    you cannot get quotes online for them as they have to be made aware of the medical details and the companies will then price based on that. Any internet site showing quotes is using pure guesswork. Many of the companies in this area will only transact through IFAs. Including the most popular one that tends to come out top more than anyone else.

    Its a simple transaction for any IFA to do so get your dad to speak to an IFA.

    thanks for that info, i'll pass it on to them asap;)
    "You can't stop the waves, but you can learn to surf"

    (Kabat-Zinn 2004):D:D:D
  • lilac_lady
    lilac_lady Posts: 4,469 Forumite
    My IFA arranged an impaired/enhanced annuity for me. I wouldn't have thought about it so I'm grateful to him for organising it for me. It makes a difference to my monthly payment.
    " The greatest wealth is to live content with little."

         Plato


  • lilac_lady
    lilac_lady Posts: 4,469 Forumite
    candygirl - I've PM'd you.
    " The greatest wealth is to live content with little."

         Plato


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