An Enhanced Annuity is a type of Lifetime Annuity offered by some insurance companies/annuity providers. An Enhanced Annuity may offer a higher annuity rate (and therefore a higher income) than a standard Lifetime Annuity, if you meet certain criteria which could shorten your life expectancy.
The criterion could have things such as:
You may be asked additional questions before you are offered an Enhanced Annuity rate. The annuity rate that you are offered is based on the average life expectancy for people meeting the above criteria.
You can normally choose whether to set your annuity up on a Single Life or a Joint Life basis.