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Did You Know Annuities Are Guaranteed To Be Issued – No Physicals Required?

By Stan The Annuity Man 

Unlike life insurance, annuities are guaranteed to be issued regardless of your health.  That is good news for all grandparents if you are looking for the transfer of risk contractual guarantees that annuities provide. Let’s look at what is involved.

No physicals, blood test, or exams required

To purchase any commercial annuity, you do not have to take a physical, blood test, or perform any qualifying exams.  This is good to know if you find an annuity strategy that contractually solves for your specific goal.

It’s all about life expectancy

When purchasing an annuity for guaranteed income, the payments are based on your projected life expectancy (i.e. how long the annuity company thinks you will live) at the time the payments start.  The annuity company is on the hook to pay regardless of how long you live.

Have to be a U.S. Citizen

The only requirement to purchase an annuity is to be a U.S. citizen with a Social Security number.  Some annuity companies also ask for a copy of a state issued driver’s license or other form of identification. 

IRA or non-IRA assets can be used

Annuities can be purchased using money from your IRA account or your non-IRA (i.e. non-qualified) account. 

As late as age 90

Many companies guarantee the issue of annuities to as late as age 90.  Age limits depend on the specific product and the specific issuing company, but age is typically not a deterrent to acquire most annuities.

Choose your guaranteed solution

Annuities primarily solve for lifetime income, legacy, and principal protection.  In addition, there are some strategies that even provide supplemental confinement care coverage.  All of these require no exams, and the annuity contracts are guaranteed to be issued to you.

So it’s important to know that there are no exams or physical requirements to buy an annuity.  There are no “underwriting” conditions that need to be met.  That’s good news for everyone looking for less risk and more guarantees.


Stan The Annuity Man is one of the country’s leading Independent Annuity Agents. He is nationally recognized as an annuity critic and expert, and has been called one of the most outspoken consumer advocates for annuities. Stan is the most read and most controversial annuity commentator in the country, and his book The Annuity Stanifesto has quickly become the go-to-resource for all things annuity. For more information go to: www.stantheannuityman.com


Christine Crosby

About the author

Christine is the co-founder and editorial director for GRAND Magazine. She is the grandmother of five and great-grandmom (aka Grandmere) to one. She makes her home in St. Petersburg, Florida.

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