2016 Best Annuity Rates in Canada
Annuity rates as of January 04, 2016.
By Ivon T Hughes
Figure 1. Annuity Rates 2016
2016 Best Annuity Rates in Canada
Single Life: Male
Single Life Female
Joint Life
Annuity rates as of January 04, 2016.
The following monthly annuity rates are based on a premium of $100,000.00 of registered funds. Payments will commence in one month.
Single Life: Male with no guarantee option
| Company |
Age 55 |
Age 60 |
Age 65 |
Age 69 |
Age 70 |
Age 75 |
Age 80 |
| BMO Insurance |
404.90 |
454.94 |
526.91 |
604.45 |
627.49 |
773.38 |
1,003.88 |
| Canada Life |
399.77 |
440.92 |
511.04 |
573.43 |
601.99 |
- |
- |
| Desjardins Fin. |
395.70 |
448.44 |
519.87 |
594.32 |
615.78 |
725.34 |
855.97 |
| Empire Life |
403.32 |
448.10 |
508.98 |
573.11 |
591.49 |
700.08 |
- |
| Great-West Life |
399.77 |
440.92 |
511.04 |
573.43 |
601.99 |
- |
- |
| Manulife |
404.20 |
442.05 |
499.52 |
561.74 |
585.09 |
711.82 |
934.55 |
| RBC Insurance |
398.06 |
446.43 |
520.48 |
600.09 |
622.56 |
771.05 |
987.93 |
| Standard Life |
393.96 |
440.72 |
505.68 |
574.87 |
595.06 |
725.31 |
895.17 |
| Sun Life Assurance |
376.58 |
432.87 |
517.21 |
591.58 |
613.99 |
731.87 |
912.98 |
Single Life: Male with a 10 year guarantee option
| Company |
Age 55 |
Age 60 |
Age 65 |
Age 69 |
Age 70 |
Age 75 |
Age 80 |
| BMO Insurance |
399.72 |
445.15 |
506.51 |
568.06 |
585.38 |
676.22 |
761.60 |
| Canada Life |
395.95 |
433.66 |
495.53 |
545.43 |
568.56 |
- |
- |
| Desjardins Fin. |
391.33 |
440.17 |
502.25 |
561.39 |
577.33 |
644.85 |
728.16 |
| Empire Life |
399.69 |
440.60 |
492.74 |
543.95 |
558.35 |
641.40 |
744.37 |
| Equitable Life |
407.05 |
448.33 |
512.95 |
570.10 |
585.77 |
649.01 |
707.33 |
| Great-West Life |
395.95 |
433.66 |
495.53 |
545.43 |
568.56 |
- |
- |
| Manulife |
402.42 |
433.41 |
482.86 |
534.10 |
552.16 |
638.35 |
726.31 |
| RBC Insurance |
395.88 |
439.30 |
503.37 |
564.19 |
580.57 |
672.51 |
759.59 |
| Standard Life |
389.77 |
432.94 |
489.21 |
543.97 |
558.89 |
643.06 |
722.25 |
| Sun Life Assurance |
373.52 |
426.47 |
502.19 |
563.11 |
580.34 |
655.20 |
737.50 |
Single Life: Male with 20 year guarantee option
| Company |
Age 55 |
Age 60 |
Age 65 |
Age 69 |
Age 70 |
Age 75 |
Age 80 |
| BMO Insurance |
383.62 |
415.82 |
450.80 |
474.67 |
479.62 |
- |
- |
| Canada Life |
383.31 |
409.97 |
448.68 |
471.91 |
483.65 |
- |
- |
| Desjardins Fin. |
373.31 |
406.26 |
438.85 |
460.99 |
465.66 |
- |
- |
| Empire Life |
387.45 |
417.34 |
451.24 |
478.29 |
484.54 |
- |
- |
| Equitable Life |
391.89 |
420.69 |
461.07 |
487.09 |
493.03 |
- |
- |
| Great-West Life |
383.31 |
409.97 |
448.68 |
471.91 |
483.65 |
- |
- |
| Manulife |
391.14 |
418.14 |
452.45 |
477.97 |
482.91 |
- |
- |
| RBC Insurance |
374.75 |
411.43 |
445.02 |
470.52 |
475.94 |
- |
- |
| Standard Life |
375.87 |
406.41 |
437.96 |
460.33 |
465.20 |
- |
- |
| Sun Life Assurance |
364.41 |
407.86 |
462.87 |
494.53 |
502.07 |
- |
- |
Single Life: Female with no guarantee option
| Company |
Age 55 |
Age 60 |
Age 65 |
Age 69 |
Age 70 |
Age 75 |
Age 80 |
| BMO Insurance |
374.12 |
413.92 |
470.32 |
530.69 |
548.80 |
657.79 |
828.32 |
| Canada Life |
380.19 |
414.99 |
464.18 |
518.05 |
541.96 |
- |
- |
| Desjardins Fin. |
356.31 |
398.63 |
455.59 |
516.04 |
533.93 |
626.96 |
761.10 |
| Empire Life |
375.78 |
410.83 |
458.97 |
511.42 |
527.06 |
626.24 |
- |
| Great-West Life |
380.19 |
414.99 |
464.18 |
518.05 |
541.96 |
- |
- |
| Manulife |
383.31 |
413.92 |
459.91 |
505.39 |
523.68 |
622.84 |
775.95 |
| RBC Insurance |
356.00 |
401.51 |
457.40 |
520.79 |
539.33 |
653.49 |
827.00 |
| Standard Life |
375.23 |
412.65 |
463.52 |
518.13 |
534.44 |
637.64 |
789.27 |
| Sun Life Assurance |
350.73 |
395.78 |
459.73 |
523.03 |
541.89 |
644.09 |
794.05 |
Single Life: Female with a 10 year guarantee option
| Company |
Age 55 |
Age 60 |
Age 65 |
Age 69 |
Age 70 |
Age 75 |
Age 80 |
| BMO Insurance |
371.55 |
408.93 |
459.94 |
512.06 |
527.14 |
609.69 |
703.05 |
| Canada Life |
378.22 |
411.24 |
456.62 |
504.33 |
525.52 |
- |
- |
| Desjardins Fin. |
354.48 |
394.95 |
447.89 |
501.62 |
516.85 |
586.47 |
683.56 |
| Empire Life |
374.35 |
407.88 |
452.64 |
499.53 |
513.17 |
594.79 |
698.57 |
| Equitable Life |
381.73 |
418.05 |
463.64 |
515.88 |
530.80 |
599.56 |
675.40 |
| Great-West Life |
378.22 |
411.24 |
456.62 |
504.33 |
525.52 |
- |
- |
| Manulife |
383.52 |
409.49 |
450.52 |
490.99 |
506.33 |
578.96 |
672.01 |
| RBC Insurance |
353.16 |
396.15 |
450.05 |
503.31 |
518.25 |
604.72 |
699.87 |
| Standard Life |
372.85 |
408.11 |
454.37 |
501.47 |
514.86 |
591.33 |
677.63 |
| Sun Life Assurance |
348.99 |
392.14 |
451.69 |
507.85 |
523.88 |
600.52 |
685.84 |
Single Life: Female with a 20 year guarantee option
| Company |
Age 55 |
Age 60 |
Age 65 |
Age 69 |
Age 70 |
Age 75 |
Age 80 |
| BMO Insurance |
362.61 |
392.16 |
427.62 |
455.98 |
462.56 |
- |
- |
| Canada Life |
371.49 |
398.55 |
434.29 |
458.10 |
474.42 |
- |
- |
| Desjardins Fin. |
346.09 |
378.58 |
414.71 |
443.11 |
449.65 |
- |
- |
| Empire Life |
369.06 |
397.37 |
431.56 |
461.35 |
468.69 |
- |
- |
| Equitable Life |
373.70 |
402.85 |
433.72 |
463.58 |
470.75 |
- |
- |
| Great-West Life |
371.49 |
398.55 |
434.29 |
458.10 |
474.42 |
- |
- |
| Manulife |
374.76 |
399.62 |
428.45 |
457.11 |
463.64 |
- |
- |
| RBC Insurance |
345.70 |
381.39 |
417.22 |
448.19 |
455.22 |
- |
- |
| Standard Life |
364.44 |
392.25 |
423.28 |
447.82 |
453.53 |
- |
- |
| Sun Life Assurance |
343.14 |
380.37 |
426.96 |
462.81 |
471.58 |
- |
- |
Joint Life: with no guarantee option
| Company |
Age 55 |
Age 60 |
Age 65 |
Age 69 |
Age 70 |
Age 75 |
Age 80 |
| BMO Insurance |
340.60 |
371.45 |
415.60 |
463.11 |
477.32 |
562.63 |
691.11 |
| Canada Life |
336.76 |
363.66 |
414.49 |
449.58 |
472.32 |
- |
- |
| Desjardins Fin. |
324.07 |
357.93 |
403.34 |
451.15 |
465.13 |
533.56 |
648.58 |
| Empire Life |
349.17 |
376.06 |
412.86 |
452.56 |
464.31 |
538.37 |
- |
| Great-West Life |
336.76 |
363.66 |
414.49 |
449.58 |
472.32 |
- |
- |
| Manulife |
341.37 |
362.58 |
394.80 |
428.75 |
443.17 |
512.85 |
630.00 |
| RBC Insurance |
327.08 |
360.02 |
405.15 |
451.02 |
463.11 |
544.05 |
664.47 |
| Standard Life |
339.07 |
367.87 |
407.00 |
448.72 |
461.02 |
539.21 |
648.05 |
| Sun Life Assurance |
315.05 |
353.86 |
414.04 |
457.64 |
473.26 |
546.11 |
660.74 |
Joint Life: with 10 year guarantee option
| Company |
Age 55 |
Age 60 |
Age 65 |
Age 69 |
Age 70 |
Age 75 |
Age 80 |
| BMO Insurance |
340.51 |
371.19 |
414.78 |
461.10 |
474.80 |
553.50 |
652.71 |
| Canada Life |
336.71 |
363.51 |
413.99 |
448.30 |
470.62 |
- |
- |
| Desjardins Fin. |
324.01 |
357.75 |
402.75 |
449.55 |
463.07 |
526.19 |
624.40 |
| Empire Life |
349.13 |
375.93 |
412.39 |
451.37 |
462.85 |
534.05 |
635.79 |
| Equitable Life |
349.90 |
378.55 |
424.31 |
468.55 |
481.41 |
536.88 |
606.32 |
| Great-West Life |
336.71 |
363.51 |
413.99 |
448.30 |
470.62 |
- |
- |
| Manulife |
332.95 |
356.56 |
387.06 |
420.23 |
434.21 |
505.95 |
607.47 |
| RBC Insurance |
324.24 |
355.82 |
402.48 |
450.31 |
462.61 |
535.48 |
632.23 |
| Standard Life |
339.00 |
367.67 |
406.36 |
447.02 |
458.82 |
530.97 |
619.14 |
| Sun Life Assurance |
315.01 |
353.73 |
413.53 |
456.28 |
471.47 |
539.10 |
633.18 |
Joint Life: with 20 year guarantee option
| Company |
Age 55 |
Age 60 |
Age 65 |
Age 69 |
Age 70 |
Age 75 |
Age 80 |
| BMO Insurance |
339.47 |
368.31 |
406.14 |
439.59 |
447.84 |
- |
- |
| Canada Life |
336.08 |
361.66 |
407.85 |
432.36 |
450.19 |
- |
- |
| Desjardins Fin. |
322.90 |
354.44 |
392.62 |
425.58 |
433.63 |
- |
- |
| Empire Life |
348.62 |
374.36 |
407.82 |
440.00 |
448.47 |
- |
- |
| Equitable Life |
349.02 |
376.02 |
416.64 |
450.30 |
458.92 |
- |
- |
| Great-West Life |
336.08 |
361.66 |
407.85 |
432.36 |
450.19 |
- |
- |
| Manulife |
317.61 |
333.60 |
350.43 |
363.78 |
372.33 |
- |
- |
| RBC Insurance |
325.72 |
356.42 |
394.61 |
428.09 |
435.37 |
- |
- |
| Standard Life |
338.12 |
365.04 |
398.19 |
427.37 |
434.61 |
- |
- |
| Sun Life Assurance |
314.54 |
352.21 |
408.12 |
441.90 |
453.16 |
- |
- |
