Impaired Life Annuity

Impaired Life Annuity | Pension Glossary














Pension Advice Pages

 



pensions and annuities

pensions
What are you looking to do?

£  
Please enter the total value of all your pensions. If your enquiry relates to a new pension or SIPP please enter your expected monthly contributions (minimum £300). eg. 50000



years old

 

 

 

  Welcome to The Complete Pension Guide 2017!



 

0

Impaired Life Annuity

This type of annuity is similar to an enhanced annuity in that also offers increased annuity payments in recognition of a shorter life expectancy. However, impaired life annuities are designed for those individuals with more serious medical conditions, such as cancer and multiple sclerosis. An impaired life annuity will provide an above average annuity income so that the policyholder can enjoy a better standard of living for what remains of their life.