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Impaired Annuities  

Impaired-AnnuitesImpaired annuities also called enhanced annuities are offered by insurance companies. Proof of a diminished life span is required for consideration of this kind of annuity. If poor health has shortened one's life expectancy insurance companies will increase the annuity payments. Please let Stone-Hedge Financial Group Inc. know in advance so we may apply with insurance companies that offer impaired annuities.

There are over 5,000 medical conditions an underwriter will consider as evidence of a diminishing life span. If one qualifies for an impaired annuity the annuity payments can be increased by as much as 30% to 40% percent.

Impaired annuities can be prescribed or non-prescribed. Prescribed annuities benefit from tax savings in certain cases. 

There are many factors that an underwriter can consider for an enhanced or impaired annuity including non medical factors such as if one smokes or is overweight.

Below is a list of some of the medical conditions an underwriter will consider:



Heart valve disorder (mitral, aortic, bi-cuspid, congenital, from birth)

Amyotrophic lateral sclerosis (ALS)

Heart valve replacement

Bi-polar disorder

Heart - ventricular ectopics

Brain tumour


Cancer (all types)

Huntington's disease / chorea

Cerebrovascular accident (CVA)

Kidney - (end stage) renal failure (ESRF)

Cerebrovascular - brain haemorrhage

Kidney - chronic kidney disease (CKD)

Cerebrovascular - lacunar infarct

Kidney – glomerulonephritis

Cerebrovascular - stroke

Kidney - other

Cerebrovascular - subarachnoid haemorrhage (SAH)

Kidney - polycystic kidney disease (PKD)

Cerebrovascular - transient ischaemic attack (TIA)

Kidney – transplant

Crohn's disease

Liver - amyloidosis

Dementia (All types)

Liver – cirrhosis

Diabetes, type 1

Liver-hepatitis (unless hepatitis A and fully recovered)

Diabetes, type 2

Liver - other


Liver - Primary sclerosing cholangitis

Heart - angina

Liver – transplant

Heart - aortic aneurysm or abdominal aortic aneurysm

Major organ transplants

Heart – arrhythmia

Motor neurone disease

Heart - atrial fibrillation

Multiple sclerosis (MS) all types

Heart - atrial fibrillation

Muscular / myotonic dystrophy

Heart attack

Parkinson's disease

Heart - av block

Peripheral vascular disease (PVD) or intermittent claudication

Heart block

Respiratory - asbestosis

Heart – brachycardia

Respiratory - asthma

Heart - bradycardia

Respiratory - bronchiectasis

Heart–cardiomyopathy (All types, including HOCM)

Respiratory - chronic bronchitis

Heart - enlarged heart

Respiratory - chronic obstructive pulmonary disease (COPD)

Heart failure

Respiratory - emphysema

Heart inflammation

Respiratory - pleural plaques

Heart - pacemaker implant

Respiratory - pulmonary fibrosis

Heart - prolapse valve

Rheumatoid arthritis

Heart - regurgitation


Heart - stenosis

Spinal cord injury / paralysis

Heart - supraventricular tachycardia (SVT)

Ulcerative colitis

Heart - techycardia



Annuities Are Complex Products That Require Professional Guidance

When deciding which type of annuity is best suited for you Stone-Hedge Financial Group Inc. will guide you through this process.

Stone-Hedge Financial Group Inc. will provide quotes from some of Canada’s most competitive Insurance Companies.


The information provided on this web site is intended for general information only. It should not be construed as legal, accounting, tax or specific insurance and investment advice. Clients should consult a professional advisor concerning their situations and any specific insurance and investment matters. While reasonable steps have been taken to ensure that this information was accurate as of the date hereof, Stone-Hedge Financial Group Inc. and its affiliates make no representation or warranty as to the accuracy of this information and assume no responsibility for reliance upon it.

Please provide your contact information a Financial Advisor will contact you.


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