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	<title>New answer on: When Were Enhanced Annuities Introduced?</title>

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		<title>By: J Paul Wilson CFP CLU</title>

		<link>http://insurancelibrary.com/annuities/when-were-enhanced-annuities-introduced-2</link>

		<dc:creator>J Paul Wilson CFP CLU</dc:creator>

		<pubDate>Thu, 03 Jul 2014 17:38:03 +0000</pubDate>

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		<description><![CDATA[When you apply for life insurance, you can be rated, or pay an additional premium, for certain conditions that are expected to shorten your life expectancy. Cancer, heart conditions, liver conditions, weight, high cholesterol, diabetes and other health issues are among the health issues that can cause ratings.

There seems to be no official start date on record, but I can attest that since the 1970&#039;s, enhanced annuities, also known as enriched or impaired annuities, have taken shortened life expectancy into consideration.

Shortened life span, means you are not expected to live as long. Consequently, the  life annuity income payments will be larger since they are expected to be paid out over a shorter period of time. 

The types, qualifications and annuity payments can vary significantly from company to company so it is important to check. It is your money.

An independent life insurance broker, representing several insurance companies, can help you find an annuity that is right for you.

If you have further questions. or feel that I could be of assistance, please do not hesitate to contact me.]]></description>

		

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