If you smoke 10 or more cigarettes a day and have done for 10 years or more then you could be entitled to smoker annuity rates. This can increase the amount of income by as much as 30% depending on who your pension pot is with.
Normally when you apply for insurance products you want to be in perfect health and a non smoker. But when it comes to finding the best annuity rates it is actually the opposite, the more medical conditions you have and if you are a smoker then you could get a considerable enhancement with smoker annuity rates or enhanced annuity rates.
Getting the right advice from an annuity specialist is vitally important to ensure that you get the best annuity rates. The adviser will complete a medical history questionnaire with you and then send this to all the annuity providers that offer enhanced rates for lifestyle and medical conditions. Once all the providers have responded with their rates the adviser will produce a personalised illustration for you. This illustration is only valid for usually 30 days or so as annuity rates can change.
Contact one of our specialist annuity advisers today and get the best annuity rates from the open market.
