# What is an enhanced annuity?

> Quick answer · Last updated 4 July 2026

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## In short

An annuity paying higher income because health conditions, lifestyle factors or postcode reduce life expectancy. Smokers and people with certain medical conditions often qualify.

Declare all conditions when quoting — enhanced rates can exceed standard by 20%–40%.

Quotes are medically underwritten; honesty is essential.

See buying a pension annuity guide.

## Related

- [Buying an annuity guide](https://moneyguide.org.uk/pensions/buying-a-pension-annuity-guide/)
- [Should I take an annuity?](https://moneyguide.org.uk/answers/should-i-take-drawdown-or-an-annuity/)

## Primary source

gov.uk/tax-on-your-private-pension/what-you-can-do-with-your-private-pension-pot

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Independent UK money guidance from [Money Guide](https://moneyguide.org.uk). Information only — not regulated financial advice.