Annuity Underwriting Requirements Guide

This guide outlines the underwriting requirements for annuities, specifically targeting professional advisers. It details the health and lifestyle factors that influence the underwriting process, including common medical conditions that are underwritten. The document emphasizes the importance of accurate underwriting to maximize income for clients. It explains the questions asked during the quotation stage, which include relationship status, postcode, height and weight, blood pressure, cholesterol levels, alcohol consumption, and smoking habits. Additionally, it categorizes common medical conditions such as heart conditions, cancers, lung diseases, stroke, diabetes, and neurological diseases, providing key underwriting information needed for each condition. The guide also highlights the bespoke in-house underwriting system designed to provide automated decisions quickly, while noting that complex cases may require the expertise of the medical underwriting team. Overall, the document serves as a comprehensive resource for advisers to facilitate the underwriting process effectively.