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LifeAnnuities.com has served Canadians from 1972 and online since 1999. We answer your questions and explain your options. You can develop a financial strategy to fulfill your goals. Our brokers provide the in-depth knowledge you need importantly, bring independent, they work for you, not the investment and insurance companies.


Annuity Rates

A life annuity is guaranteed lifetime income. You cannot outlive the payments. Nor can your partner if included.

Male Annuity Rate

Age 70, Deposit $100,000 
$670.12 /mo 

Female Annuity Rate

Age 70, Deposit $100,000
$628.48 /mo

Joint Annuity Rate

Male 70, Female 70, Deposit $100,000
$552.14 /mo 


What is a RRIF?

Registered Retirement Income Fund (RRIF) are holding containers in which you might put a wide variety of investments, from term deposits and mutual funds to Exchange Traded Funds (ETFs), real estate, stocks, bonds and options.


What is a RRSP?

Registered Retirement Savings Plan (RRSP) is a great option if you’re thinking of saving for retirement. For most Canadians, the go-to choice for retirement investments is the RRSP. In this guide, we will go over what an RRSP is, how it works, and why it’s a standard retirement account choice.

What is a GIC?

A Guaranteed Investment Certificate (GIC) is one of many investment vehicles available to Canadians. It is considered a safe investment as there is little risk of loss of your initial capital.


What is a TFSA?

Tax Free Savings Account (TFSA) is a product in which you invest tax-paid money. Any gain on your investment is tax free but there are limits on the amount you can invest each year. Contributions are cumulative, so you can make up any unused contribution room at any time. And you can deposit and withdrawal as frequently as you wish.

Mutual Funds

What is a mutual fund?

A mutual fund solicits money from investors.it then purchases stocks, bonds and other investments to make one investment. Can be cashed as agreed .


What is a segfund?

A segregated fund has been explained as a mutual fund with an insurance wrapper.it has 70% to 100% guarantees of return of capital at certain times. 


What is ETF?

An exchange traded fund is a basket of stocks. It trades daily as a stock. It is the lowest cost of mutual and segregated funds.


What is term insurance?

Term life insurance is the cheapest life insurance available. But premiums differ widely so this is a "must shop" product.


Hi Life Annuities.com,

I wanted to personally thank you for all of your extra efforts in successfully managing the issuance of the annuity through Sun Life Financial.

I understand that this specific annuity was a “special case” and it required extra work in interfacing with Sun Life.

The team always responded in a very timely manner.

Thank you for your perseverance in getting the annuity issued after several follow up requests from Sun Life.

Please pass my contact information on to any potential clients in the future.

Dwayne O.

Robert Adam                         


I was initially a bit hesitant about making large financial agreements on-line, but I am so glad we did!

Our local bank representative takes sometimes a week to return a call or email and Phil Barker at Life Annuities.com is on top of things, always the same day responses.

I have not seen this level of customer service for years!! Phil explained the different choices with kindness and patience and helped me to understand the pros and cons for each. Once the decision was made, he followed up right away.

Almost a year later, when my husband decided to move his RRIF to a life annuity, Phil Barker at Life Annuities was the only one we even considered!! The quotes came in quickly, paperwork was accurate, process was seamless and the first payment in our bank the following month.

Thanks so much Phil for the excellent service!

Raema Racher

Raema Racher                         


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