Annuities: an insurance product like no other

Annuities: an insurance product like no other

According to our research, 70% of people aged 55 or over don’t know that they could qualify for a higher annuity income by providing their health and lifestyle details.

From 55, you can normally swap some, or all, of your pension with an insurance company. In return you’ll get a secure, guaranteed income for life – an annuity.

With lots of insurance products, giving health and lifestyle details usually means more paperwork and higher premiums. Let’s say a 65 year old diabetic disclosed their medical details when applying for travel insurance to cover a 10 day cruise in Spain. The price […]

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