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 493.67 n/a
canada life insurance Canada Life 475.44 471.68
desjardins financial securityDesjardins Fin. n/a n/a
empire life insuranceEmpire Life 477.52 476.17
equitable life insuranceEquitable Life n/a n/a
great-west life insuranceGreat-West Life 475.44 471.68
manulife financialManulife n/a n/a
rbc insuranceRBC Insurance 464.98 453.70
Sun Life FinancialSun Life 481.24 462.73

10 Year Guarantee

Insurance Company Monthly Income $
Registered Funds
Age 70
Monthly Income $
Non-registered Funds
Age 70
bmo insuranceBMO Insurance 491.11 477.31
canada life insurance Canada Life 474.47 471.36
desjardins financial securityDesjardins Fin. n/a n/a
empire life insuranceEmpire Life 476.17 469.67
equitable life insuranceEquitable Life 491.25 471.74
great-west life insuranceGreat-West Life 474.47 471.36
manulife financialManulife n/a n/a
rbc insuranceRBC Insurance 492.78 480.60
Sun Life FinancialSun Life 479.50 475.30

20 Year Guarantee

Insurance Company Monthly Income $
Registered Funds
Age 70
Monthly Income $
Non-registered Funds
Age 70
bmo insuranceBMO Insurance 467.98 458.98
canada life insurance Canada Life 456.64 453.52
desjardins financial securityDesjardins Fin. n/a n/a
empire life insuranceEmpire Life 462.91 457.75
equitable life insuranceEquitable Life 470.11 451.03
great-west life insuranceGreat-West Life 456.64 453.52
manulife financialManulife n/a n/a
rbc insuranceRBC Insurance 469.73 465.51
Sun Life FinancialSun Life 460.88 458.94
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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