December 2013 Canadian Annuity Rates

Comparison Annuity Rates

By Ivon T Hughes

Comparison Rate Table: male Male

Company Age 55 Age 60 Age 65 Age 70 Age 75 Age 80
BMO Insurance 448.78 495.19 560.31 645.80 761.60 900.55
Canada Life 490.52 537.73 597.43 696.28 n/a n/a
Desjardins Fin. 465.95 518.63 590.71 687.92 807.15 934.12
Empire Life 462.76 517.59 597.99 701.89 837.30 n/a
Great-West 490.52 537.73 597.43 696.28 n/a n/a
London Life 490.52 537.73 597.43 696.28 n/a n/a
Manulife 449.69 499.28 567.55 661.23 791.45 999.40
Standard Life 474.34 522.62 590.44 684.89 755.65 909.96
Sun Life 486.51 542.06 616.62 713.03 843.60 1,029.66

Comparison Rate Table: female Female

Company Age 55 Age 60 Age 65 Age 70 Age 75 Age 80
BMO Insurance 418.92 455.79 507.30 574.17 668.82 796.25
Canada Life 448.74 493.07 537.75 608.48 n/a n/a
Desjardins Fin. 425.37 467.13 523.95 602.71 704.47 837.22
Empire Life 431.33 472.43 533.11 614.13 726.89 n/a
Great-West 448.74 493.07 537.75 608.48 n/a n/a
London Life 448.74 493.07 537.75 608.48 n/a n/a
Manulife 422.55 463.36 520.52 596.82 703.68 869.38
Standard Life 448.84 488.91 544.12 622.77 700.35 853.66
Sun Life 452.22 502.38 565.69 646.06 755.01 912.46

Comparison Rate Table: malefemale Joint

Company Age 55 Age 60 Age 65 Age 70 Age 75 Age 80
BMO Insurance 384.91 412.97 452.90 504.75 581.40 680.68
Canada Life 396.09 467.08 502.39 561.91 n/a n/a
Desjardins Fin. 391.41 424.09 468.63 530.00 605.32 720.69
Empire Life 395.89 424.63 467.87 525.94 607.71 n/a
Great-West 396.09 467.08 502.39 561.91 n/a n/a
London Life 396.09 467.08 502.39 561.91 n/a n/a
Manulife 380.51 411.27 452.05 506.68 581.44 699.37
Standard Life 412.43 441.99 482.68 540.05 589.74 692.88
Sun Life 415.14 452.84 504.12 567.44 647.28 759.21

Let's talk about getting ready for retirement. Call toll free 1.877.842.3863

Ivon T Hughes
Phil Barker

About the Author

Phil Barker

Phil Barker is a leading expert on life annuities in Canada. LifeAnnuities.com has different financial products and has been a recognized authority since 1972.

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