BMO Insurance
Canada Life
Desjardins Financial
Empire Life
Equitable Life
Great-West Life
Industrial Alliance
ivari
La Capitale
Manulife
RBC Insurance
Sun Life
2019 Best Annuity Rates in Canada
Annuity Comparison Tables
Annuity Rates as of January 4, 2019
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
Single Life: Male, no guarantee option
| 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 |
Single Life: Male, 10 year guarantee option
| 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 |
Single Life: Male, 20 year guarantee option
| 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 |
Single Life: Female, no guarantee option
| 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 |
Single Life: Female, 10 year guarantee option
| 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 |
Single Life: Female, 20 year guarantee option
| 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 |
Joint Life: no guarantee option
| 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 |
Joint Life: 10 year guarantee option
| 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 |
Joint Life: 20 year guarantee option
| 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.