2019 Best Annuity Rates in Canada
Annuity Comparison Tables
January 04, 2019
Figure 1. Annuity Rates 2019
Annuity Rates as of January 4, 2019
Single Life: Male
Single Life Female
Joint Life
The following monthly annuity rates are based on a premium of $100,000.00 of registered funds. Payments will commence in one month.
Annuity Rates as of January 4, 2019
Company
Age 60
Age 65
Age 70
Age 75
Age 80
BMO Insurance
485.97
555.37
651.27
739.74
934.26
Canada Life
452.75
508.97
595.60
715.05
899.99
Empire Life
448.59
508.23
589.12
696.18
n/a
Great-West Life
452.75
508.97
595.60
715.05
899.99
*Manulife
n/a
n/a
n/a
n/a
n/a
RBC Insurance
441.37
490.62
572.23
694.92
897.84
Sun Life
433.49
515.20
609.40
726.03
908.73
Company
Age 60
Age 65
Age 70
Age 75
Age 80
BMO Insurance
475.65
534.23
606.06
649.49
739.55
Canada Life
446.29
497.27
570.47
655.99
748.69
Empire Life
441.67
493.26
558.54
641.70
745.67
Equitable Life
454.31
511.86
580.38
650.32
738.65
Great-West
446.29
497.27
570.47
655.99
748.69
*Manulife
n/a
n/a
n/a
n/a
n/a
RBC Insurance
459.60
531.34
607.06
650.13
761.42
Sun Life
427.67
501.62
579.15
655.60
742.23
Company
Age 60
Age 65
Age 70
Age 75
Age 80
BMO Insurance
445.81
479.14
508.40
0.00
0.00
Canada Life
425.72
461.59
493.20
0.00
0.00
Empire Life
420.17
454.67
489.08
0.00
0.00
Equitable Life
427.62
462.23
491.64
0.00
0.00
Great-West Life
425.72
461.59
493.20
0.00
0.00
*Manulife
n/a
n/a
n/a
n/a
n/a
RBC Insurance
433.56
479.04
508.46
0.00
0.00
Sun Life
410.11
464.35
503.64
0.00
0.00
Company
Age 60
Age 65
Age 70
Age 75
Age 80
BMO Insurance
445.34
502.40
580.62
645.36
814.21
Canada Life
421.37
465.85
528.52
622.72
751.59
Empire Life
413.91
461.75
529.20
627.20
0.00
Great-West Life
421.37
465.85
528.52
622.72
751.59
*Manulife
n/a
n/a
n/a
n/a
n/a
RBC Insurance
410.15
457.99
521.82
622.71
782.63
Sun Life
406.59
470.97
554.77
661.19
820.87
Company
Age 60
Age 65
Age 70
Age 75
Age 80
BMO Insurance
440.40
492.33
559.20
598.62
697.60
Canada Life
418.66
460.46
517.38
594.60
687.44
Empire Life
411.10
455.72
515.99
597.35
701.39
Equitable Life
420.99
471.18
538.12
603.91
698.05
Great-West Life
418.66
460.46
517.38
594.60
687.44
*Manulife
n/a
n/a
n/a
n/a
n/a
RBC Insurance
434.74
491.67
558.49
595.86
703.00
Sun Life
402.63
462.29
535.54
614.71
703.92
Company
Age 60
Age 65
Age 70
Age 75
Age 80
BMO Insurance
424.97
461.98
498.86
0.00
0.00
Canada Life
407.60
442.38
473.98
0.00
0.00
Empire Life
401.14
435.70
473.53
0.00
0.00
Equitable Life
406.37
442.25
480.16
0.00
0.00
Great-West Life
407.60
442.38
473.98
0.00
0.00
*Manulife
n/a
n/a
n/a
n/a
n/a
RBC Insurance
423.42
460.97
498.37
0.00
0.00
Sun Life
389.62
435.31
478.92
0.00
0.00
Company
Age 60
Age 65
Age 70
Age 75
Age 80
BMO Insurance
402.51
446.07
505.05
542.61
663.44
Canada Life
382.82
421.55
475.70
550.82
658.95
Empire Life
379.34
415.95
467.00
540.34
n/a
Great-West Life
382.82
421.55
475.70
550.82
658.95
*Manulife
n/a
n/a
n/a
n/a
n/a
RBC Insurance
378.93
414.35
467.18
540.20
671.21
Sun Life
361.23
420.34
479.01
552.65
671.14
Company
Age 60
Age 65
Age 70
Age 75
Age 80
BMO Insurance
402.26
445.28
502.42
534.07
632.75
Canada Life
382.72
421.25
474.73
547.14
642.36
Empire Life
379.22
415.53
465.70
536.46
637.86
Equitable Life
383.59
425.02
479.41
539.38
635.65
Great-West Life
382.72
421.25
474.73
547.14
642.36
*Manulife
n/a
n/a
n/a
n/a
n/a
RBC Insurance
398.78
445.32
503.47
569.08
670.85
Sun Life
361.09
419.85
477.28
545.74
643.08
Company
Age 60
Age 65
Age 70
Age 75
Age 80
BMO Insurance
399.57
437.23
479.04
0.00
0.00
Canada Life
381.27
416.85
459.92
0.00
0.00
Empire Life
377.83
411.44
452.59
0.00
0.00
Equitable Life
381.24
417.90
458.52
0.00
0.00
Great-West Life
381.27
416.85
459.92
0.00
0.00
*Manulife
n/a
n/a
n/a
n/a
n/a
RBC Insurance
389.79
435.52
478.66
0.00
0.00
Sun Life
359.56
414.41
458.65
0.00
0.00
*Please note that Manulife has discontinued external annuity sales as of June 29, 2018.
