If you smoke, are underweight or overweight, or you have been diagnosed with Type 2 diabetes, high blood pressure or high cholesterol then you could qualify for extra income with Annuity Plus.
Call us on 0800 048 0302 to see if we could offer you more income from your annuity for life.
You’ll just need to answer a few simple questions over the phone about these lifestyle health risks, and we can give you an instant quote. Our
Annuity Plus health questionnaire (PDF: 266KB) will give you an idea of the questions we'll be asking and the information we need for each of the risks.
Read more about these five common health risks below:
Around 10 million adults in Britain (one in five) smoke cigarettes. Cancer research, 2013
- 21% of men and 20% of women are smokers. Action on Smoking and Health, 2012
- In 2010, men smoked on average 14 cigarettes a day, compared with 12 for women.
Action on Smoking and Health, 2012
- Smoking is an underlying cause of many medical conditions. If you have smoked 10 or more cigarettes a day for at least the last 10 years, you could qualify for extra income.
Type 2 diabetes
Diabetes affects 2.9 million people in the UK. It is thought that a further 850,000 people have the condition but are not aware of it. National Health Service (NHS), 2013
- Since 1996 the number of people diagnosed with diabetes has more than doubled and by 2025 it is estimated that over five million people will have diabetes. Diabetes UK, 2012
- Around 90% of all adults in the UK with diabetes have Type 2 diabetes. It is often associated with obesity and more common in older people. NHS, 2013
- If you have been diagnosed with Type 2 Diabetes by your doctor and even if your condition is controlled by diet alone, you may still qualify.
High blood pressure
One in three adults in the UK has high blood pressure and this rises to at least one in two over 65s. Age UK, 2013
- High blood pressure is blood pressure that is consistently at or above 140/90 mmHg. Blood Pressure Association, 2013
- 32% of men and 30% of women have high blood pressure. The only way to know if you have the condition is to have your blood pressure regularly measured. BPA, 2013
- If your doctor diagnoses you as having high blood pressure and prescribes drugs for your condition then you may qualify for extra income. We'll just need a recent blood pressure reading from you.
Two thirds of adults in the UK have high cholesterol. Heart UK, 2012
- The Government recommends that cholesterol levels should be less than 5mmol/L.
On average, men in England have a cholesterol of 5.5mmol/L and women have a level of 5.6mmol/L. NHS, 2013
- Cholesterol levels generally rise with age. Men are more likely to have high cholesterol.
- If your doctor diagnoses you as having high cholesterol and prescribes drugs for your condition then you may qualify for extra income. We’ll just need a recent cholesterol reading
High or Low Weight (Body Mass Index)
In 2010, over 60% of adults in England were overweight or obese. Department of Health, 2012
- BMI stands for Body Mass Index. It gives you an idea of whether you're underweight, overweight or ideal weight for your height. If your BMI is outside of the ideal range, health risks may increase. British Heart Foundation, 2013
- In adults, a BMI over 25 means that a person is considered to be overweight. A BMI of 30 or more means that a person is considered to be obese. NHS, 2013
- In the UK, between 6 and 7 out of 10 men have a BMI over 25. This figure is between 5 and 6 out of 10 for women. Around 1 in 4 men and women in the UK have a BMI of 30 or above. Patient.co.uk, 2013
- You may qualify for extra income if your BMI score is above a certain level. You could also qualify if your BMI score indicates you're underweight.
More income doesn’t mean less choice. If you do qualify for extra income as a result of one or more health risks, you will still have all the same annuity options available as you would when buying our standard Pension Annuity (except for yearly RPI increases).
Buying an annuity is an important one-off decision so it is important to take the opportunity to get more from your annuity when it is available.
It’s important that you provide us with accurate answers to our Annuity Plus health risk questions to ensure that you’re paid the right income. We may request a report from your doctor and if this doesn’t support the information you have provided to us, then your income may be reduced and at worst, you may receive our lowest standard annuity rate. We’ll then recover any overpaid amounts from you.