MorganAsh

James is a 74-year-old married man from Hertfordshire looking to purchase an annuity. His financial adviser referred him to MorganAsh for help. He had a savings fund of £31,022 – and wished to take £7,755 as tax-free cash. He did not want to take a spouse’s pension.

A medical assessment with MorganAsh established his BMI as 37.1. He was a regular smoker until six months previously. He took one medication for raised blood pressure and a statin for raised cholesterol. He was diagnosed with diabetes four years ago, for which he takes two oral medications (not insulin). He suffers from no diabetic complications. The only other medical history is an arthroscopy to the left knee ten years ago due to an old injury. Family history of close family members includes stroke and Parkinson’s disease. 

The best standard annuity quotation was just £1,668 per annum. Following submission of the detailed medical information to insurance companies, an improved offer from an enhanced annuity quotation of £2,172 per annum was received – some 30% higher than the standard annuity.

The client’s name has been changed to ensure confidentiality.

Our clients say:

From start to finish the whole journey has been nothing but brilliant. Prior to talking to the team, I was stressing and overthinking everything about my mother going into a home and how she would cope once I’d moved away. Once I’d spoken to the nurse I felt like a weight had been lifted off my shoulders. I didn’t realise how stressful finding the right care would be. The nurse was great, I would highly recommend this service to anyone looking to find care for their mother or father.

Peace of Mind client