Sometimes it can seem like there’s just not enough time to fit everything in – especially for annuity business. Our advisers told us that they want their clients to get the best rate and don’t want them to miss out on this due to delays in getting the money transferred. But that it can be hard work within the quote guarantee limits.
We can free up some time for you
We thought about how we could help and here’s what we came up with. All our annuity quotes will now have a minimum guarantee of 21 days instead of 14. This is the most generous guarantee available for annuities in the market. But that’s not all - all quotes and applications we’ve already received will be guaranteed for 21 days following a rate reduction. If our rates go up, your client automatically benefits from the new rate. But if rates go down you’ve got extra time to get the annuity set up on the rates that were originally quoted. This saves you:
- time, as you won’t need to requote as often
- hassle, as there’s now time to get the annuity set up if rates go down. This means fewer unhappy clients
So, how does it work?
You run a quote for Mr Johnston on 1 April. That quote is guaranteed until 22 April as standard.
If we reduce our rates on the 21 April then Mr Johnston’s quote is automatically guaranteed for a further 21 days until 12 May.
And if our rates go up, he’ll automatically get the new higher rate.
Get your annuity quote today:
- direct from your usual portal
- direct from our online services
- direct from our annuity team by phone 08456 015 273, fax 0131 549 4136 or email annuities@aegon.co.uk
