Clients can qualify for enhanced annuity rates for a range of conditions these days, including obesity, high blood pressure and previous medical treatment.
However, advisers might not be aware of how low some insurers set the bar when it comes to qualifying for enhanced rates due to alcohol consumption. The minimum number of units of alcohol consumed per week that will qualify a client for an enhanced annuity is 40 for Partnership, or 50 with Just Retirement. To put that into context, 1.5 units of alcohol would equate to a small glass of wine or a standard 35ml shot of vodka. So, if your client drank one bottle of wine every evening (five small glasses or three big ones), or perhaps a few glasses of wine with dinner and later a vodka-...
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