When it comes to annuities, checking whether your client has any medical conditions can prove to be very worthwhile, as even mild health conditions can result in a higher retirement income.

MGM Advantage is a specialist annuity provider offering a conventional enhanced annuity for your medically impaired clients.

Here are some of the reasons why it makes sense to give them a health check.

• Your client gets a better rate than with a standard annuity because statistically people with certain medical and lifestyle conditions have a shorter life expectancy than those who do not.

• An estimated 40% of customers could qualify for an enhanced rate, so it’s always worth checking. Even the lightest impairments are covered.

• Our Enhanced Annuity gives your client a higher income for the rest of their life. They could be in retirement for years and years, so it all adds up.

• Our Enhanced Annuity guarantees to pay your client a regular income for life, so it is a low-risk option.

• Enhanced annuities may pay out more than standard annuities. E.g. a man retiring at age 65, with average impairment and a pension pot of £100,000, could receive 22% more, which equates to an additional £7,278 extra for the first five years of retirement with an enhanced annuity*.

  Source: *MGM Advantage Dec 2010