Just Retirement has entered the enhanced annuity market with a product that gives most applicants a quote within 24 hours.
The provider will give the majority of applicants a detailed indication of their likely annuity income within a day by asking for a completed medical questionnaire instead of a doctor’s report. Just Retirement says customers applying to providers who require a report often wait almost a month for a quote. However, particularly ill customers may need to wait longer than a day if they do not have access to or do not wish to discuss certain information. Just Retirement would contact the customer’s doctor in such cases. Nigel Barlow, head of retirement income solutions at Just Retirement,...
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