Partnership Annuities - Get upto 40% more by comparing providers
Partnership is a well established financial services provider that can offer a range of products for those customers with health issues. If you suffer from a serious illness, are a smoker or are clinically obese then your life expectancy could be significantly reduced. This means that the majority of financial products designed to support you in your retirement may not be suitable and could leave you out of pocket. Partnership specialises in providing financial products for those customers with impaired health so that they can plan more effectively for their retirement.
Enhanced Annuities
If you do suffer from ill health and your life expectancy is reduced then you could be eligible for enhanced life annuities from Partnership. These provide higher rates which could significantly improve your income once you retire. The reason why these annuities are offered at higher rates is that the insurance company expects not to have to pay out on the product as long as a standard annuity. To qualify for an enhanced rate annuity with Partnership you need to have a history of chronic conditions such as high blood pressure or more serious ill health issues such as heart failure, stroke, diabetes, liver disease or cancer. Other illnesses will also apply and Partnership also offers enhanced annuities for smokers.
It is important to explore your options when it comes to choosing annuities as once you have invested your money in this type of product you will not be able to change your mind at a later date. This means that if you purchase a standard rate annuity and then later find out you are eligible for the higher rates of an enhanced annuity you will not be able to swap your money over.
Is a Partnership Annuity Right For Me?
Our annuity advisors can talk you through the various annuity opportunities available and help you find the best rates on the market from leading providers such as Partnership. For a free no obligation annuity comparison, enquire today via the annuity advice team from one of our partner firms.
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