Annuity options:

Single or joint

You will recieve a higher level of income from a single life annuity but the income will stop should you die. Most married couples have a joint life annuity. This ensures that your parter will continue to receive an income in the event of your death. The amount varies, contact me and I can explain in more detail.

Guarantee periods

The majority of annuities are guranteed to pay out over a certain period. If you buy an annuity without a gurantee period and were to die shortly after retirement your income would not be passed to your estate. For example if you select a fifteen year guarantee and died after two years, your estate would continue to receive an income for the next thirteen years.

Annuity Protection - Money Back Annuities

Currently only offered by a handful of annuity providers this option allows your estate to receive a lump sum should you die before 75. This also depends on whether or not you have recieved a certain amount before this age. It is known as an annuity protection lump sum.

Escalation

A level annuity pays the highest income at the start and does not increase in the future, whereas an escalating annuity starts at a lower level, but increases each year.

To get the best annuity rates using your open market option complete our online form opposite and we will send your annuity quotes

6136CGJ
Phone: 0845 68 68 268
Please quote 6136CGJ upon your enquiry.

E-Mail: Colin.Johnson@shifa.uk.net

STIRLING HOUSE
Administration Centre
PO Box 268
Malvern
WR14 9DD

Do you qualify for Enhanced or Impaired Rates?

If you can answer Yes to the following questions you may qualify for better annuity rates.

• Do you smoke 10 cigarettes or more each day and have done continuosly for 10 years or more?

• Are you currently taking any medication?

• Have you ever been hospitalised for any medical condition?