Best Annuity Rates – Working With Your Financial Adviser to Get the Best Rates

Best Annuity Rates Guide…

The best annuity is one that:

1. Offers the best annuity rates

2. Has all the features to suit your needs

To find one, it is recommended that you use your Open Market Option, which is your option to shop around the market and consider other companies to provide your annuity rather than just getting the annuity your pension provider is offering, which is often the most convenient choice.

Indeed, by shopping around, you have the chance to get up to 40% more retirement income. To seize this chance, though, and take advantage of your Open Market Option, it is also recommended that you work with a financial adviser.

How A Financial Adviser Can Help

A financial adviser can help you understand more about annuities, simplifying all the jargons for you and outlining its advantages and disadvantages. In this manner, he can help you decide if an annuity is the best retirement option for you.

If you are sure about your decision to buy an annuity, your adviser will also assist you in getting the best annuity rates.

He can do this by helping you choose the best annuity provider, by giving you tips on the right way to fill up forms and answer questions during interviews, and by helping you check if you qualify for an enhanced annuity.

An enhanced annuity offers up to 22% higher rates than other types of annuity, simply because it works on the premise that because you are suffering from a medical condition, your life expectancy is lower.

Examples of medical conditions that qualify for an enhanced annuity include:

• Angina
• Bladder disease
• Cancer
• Chronic Asthma
• Chronic Obstructive Pulmonary Disease (COPD)
• Diabetes
• Heart attack
• Liver disease
• Lymphoma
• Rheumatoid arthritis
• Stroke

Even if you do not have a medical condition, if you have been previously hospitalized or have undergone surgery in the past, smoke regularly, drink excessively or are obese, there is still a chance that you can qualify for an enhanced annuity.

What You Can Do

Of course, your financial adviser alone cannot get the best annuity rates. You have to do your part.

One of the things you can do is to provide your adviser with all the documents necessary, such as your comprehensive medical documents, pension policy, wills, insurance policies and the documents pertaining to all your investments in the past.

You should also communicate well with your adviser, answering all of his questions regarding your financial situation as truthfully and as comprehensively as you can.

Don’t be afraid to voice your concerns, as well, since you still have the final say. Your adviser is just there to guide you in choosing the best annuity.

To see if you qualify for an enhanced annuity rate please fill in our free no-obligation annuity form. Indeed, by taking a few seconds to provide us with some information, we can arrange for an annuity adviser to contact you and give you free quotes and advice on how to find the best annuity rates.