Full List of Annuity Types
Glossary:
- Read more about Full List of Annuity Types
- Log in to post comments
Key Phrases:
Glossary:
Enhanced Annuity
Traditional annuities are not underwritten—the pricing and income stream provided are unrelated to health status. Enhanced annuities do take into account lifestyle decisions such as smoking or certain health conditions such as diabetes. Enhanced annuities can offer more attractive pricing than traditional annuities for consumers with less than perfect health status. Enhanced annuities are sometimes referred to as impaired annuities.
