Female Annuity Rates Age 70

Annuity Details

Annuity rates as of August 2024

The monthly annuity incomes below are based on a female aged 70 with a deposit of $100,000.00. Annuity payments will commence in one month.

For personal annuity rates please use our Annuity Quote Form.

No Guarantee Period

Insurance Company	Monthly Income $ Registered Funds Age 70
BMO Insurance	607.73
Canada Life	567.46
Desjardins Fin.	601.92
Empire Life	569.31
Equitable Life	n/a
Manulife	595.49
RBC Insurance	567.66
Sun Life	581.08

10 Year Guarantee

Insurance Company	Monthly Income $ Registered Funds Age 70
BMO Insurance	600.47
Canada Life	555.76
Desjardins Fin.	588.33
Empire Life	555.70
Equitable Life	588.25
Manulife	577.93
RBC Insurance	601.11
Sun Life	561.73

About the guarantee period:

• A life annuity with a no guarantee period is payable for the annuitants lifetime and stops upon death.
• A life annuity with a guarantee period option is payable for the annuitant's lifetime or for the guarantee period, whichever is longer. If the annuitant dies before the completion of the guaranteed annuity payments, payment may continue to the beneficiaries or the current value of the remaining guaranteed payments will be paid to the appointed beneficiary.

TIP: Annuities can be purchased with either:

• Registered Funds (RRSP, RRIF, RPP, LIRA, LIF/LRIF, etc.)
• Non-Registered Funds (Savings Accounts, GIC, TFSA, etc)