When Were Enhanced Annuities Introduced? 
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 '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 . 