Joint Annuity Rates Age 70

Annuity Details

Annuity rates as of

The monthly annuity incomes below are based on a male and 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
Monthly Income $
Non-registered Funds
Age 70
bmo insuranceBMO Insurance 489.56 n/a
canada life insurance Canada Life 469.39 466.12
desjardins financial securityDesjardins Fin. 496.56 492.72
empire life insuranceEmpire Life 471.74 465.07
equitable life insuranceEquitable Life n/a n/a
great-west life insuranceGreat-West Life 469.39 466.12
manulife financialManulife 436.12 n/a
rbc insuranceRBC Insurance 477.79 468.58
Sun Life FinancialSun Life 497.24 479.03

10 Year Guarantee

Insurance Company Monthly Income $
Registered Funds
Age 70
Monthly Income $
Non-registered Funds
Age 70
bmo insuranceBMO Insurance 487.02 473.21
canada life insurance Canada Life 467.82 465.74
desjardins financial securityDesjardins Fin. 495.56 491.87
empire life insuranceEmpire Life 470.38 463.73
equitable life insuranceEquitable Life 500.03 478.87
great-west life insuranceGreat-West Life 467.82 465.74
manulife financialManulife 418.04 401.74
rbc insuranceRBC Insurance 480.71 473.29
Sun Life FinancialSun Life 495.52 491.39

20 Year Guarantee

Insurance Company Monthly Income $
Registered Funds
Age 70
Monthly Income $
Non-registered Funds
Age 70
bmo insuranceBMO Insurance 464.01 454.98
canada life insurance Canada Life 448.42 449.88
desjardins financial securityDesjardins Fin. 476.96 474.58
empire life insuranceEmpire Life 456.90 451.62
equitable life insuranceEquitable Life 478.32 457.62
great-west life insuranceGreat-West Life 448.42 449.88
manulife financialManulife 365.89 364.48
rbc insuranceRBC Insurance 464.87 461.23
Sun Life FinancialSun Life 477.56 475.63
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)

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