Medically Underwritten SPIA

IMPAIRED RISK - AGE RATED

Age rated single premium immediate annuities are medically underwritten and can increase client income payouts! A retirement planning advantage. Did you realize that poor health could actually be a benefit when purchasing an immediate annuity?

Designed for people:

• Who are concerned about outliving their assets
• Who need guaranteed income they can’t outlive
• Who are less healthy and could benefit from a larger monthly income payment than they would likely receive from a traditional non-medically underwritten immediate annuity
• Who may need care and whose age and/or health preclude them from long term care insurance coverage options
  

Not designed for people:

• Who are in good health and have other lifetime income options that may provide a better income alternative
• Who do not need a guaranteed lifetime stream of income
• Who do not want to risk losing their remaining premium if they die before payouts exceed the initial premium

Pricing - Conditions which may merit review include:

• Heart disease | Diabetes | Cancer | Chronic Lung Disease | Stroke Chronic | 
  Conditions affecting the kidney, pancreas, or liver functions | Multiple Sclerosis
  Muscular Dystrophy | Paraplegia or Quadriplegia | Parkinson's Disease | ALS | Alzheimer's 
  
  

Forms of medical information:

• Hospital discharge summaries for last 5 years | Medical report from time of diagnosis | Most recent medical report | Attending physicians statement (APS) - We will need by fax, email or mail the history of illness, including date of diagnosis, any changes in condition, other significant health conditions and pertinent past histories.