It is estimated around 60% of people qualify for an enhanced annuity and there are around 1,500 different conditions which are relevant. These range from moderate health and lifestyle conditions such as high cholesterol, smoking, excess weight and alcohol consumption to conditions such as cancer and heart disease. Even certain occupations qualify.
Three simple questions
Enhanced annuities are designed for people with medical or lifestyle conditions that can potentially reduce life expectancy. Finding out whether you might be entitled to an enhanced annuity is easier than you might think.
Three simple questions will tell you if you could qualify:
1. Do you smoke?
2. Do you now or have you ever taken prescription medication?
3. Have you ever been hospitalised for a medical condition?
Do take the time to provide as much information as possible, as this could potentially lead to a better pension when you retire.