2020 Best Annuity Rates in Canada
Annuity Comparison Tables
December 01, 2020
Figure 1. Annuity Rates 2020
Annuity Rates as of December 1, 2020
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 December 1, 2020
Company
55
60
65
70
75
80
BMO Insurance
376.98
421.38
485.18
583.04
674.24
866.56
Canada Life
367.67
404.88
458.40
538.50
650.50
823.66
Desjardins Fin. Security
374.37
417.47
476.08
559.14
671.72
822.37
Empire Life
353.74
396.86
455.23
534.50
640.49
-
RBC Life Insurance
359.12
395.31
449.03
529.90
654.44
856.16
Sun Life Assurance
343.65
396.24
476.21
568.86
683.81
863.80
Company
55
60
65
70
75
80
BMO Insurance
372.42
412.98
467.61
543.71
593.11
685.85
Canada Life
364.50
399.41
448.31
516.47
597.95
685.20
Desjardins Fin. Security
371.66
412.69
467.08
539.40
624.62
726.97
Empire Life
351.08
391.29
442.86
508.52
592.67
698.73
Equitable Life
379.80
424.25
486.26
558.24
618.55
680.11
RBC Life Insurance
357.09
421.19
481.33
554.59
614.55
726.79
Sun Life Assurance
341.31
391.22
464.25
541.69
619.08
707.17
Company
55
60
65
70
75
80
BMO Insurance
354.19
392.52
436.73
517.59
583.25
750.13
Canada Life
340.61
376.97
418.99
478.97
566.91
682.78
Desjardins Fin. Security
350.36
387.81
437.95
507.11
598.46
731.19
Empire Life
329.84
364.77
412.27
478.88
575.52
-
RBC Life Insurance
334.28
371.00
417.37
483.98
584.02
745.06
Sun Life Assurance
326.96
370.89
434.19
516.81
621.77
779.00
Company
55
60
65
70
75
80
BMO Insurance
352.12
388.42
428.48
499.18
541.90
643.11
Canada Life
339.46
374.68
414.36
469.24
544.68
625.06
Desjardins Fin. Security
349.08
385.26
432.64
495.64
572.34
675.51
Empire Life
328.77
362.51
407.27
467.63
549.31
654.63
Equitable Life
356.45
393.50
441.89
509.14
575.75
638.19
RBC Life Insurance
334.83
390.32
437.37
505.38
559.68
669.76
Sun Life Assurance
325.34
367.44
426.49
499.42
578.96
669.15
Company
55
60
65
70
75
80
BMO Insurance
322.17
351.36
383.35
445.73
485.80
606.23
Canada Life
306.84
346.12
379.46
425.31
495.21
594.87
Desjardins Fin. Security
321.92
352.00
392.60
449.07
522.86
639.84
Empire Life
304.43
331.79
368.69
419.74
492.72
-
RBC Life Insurance
315.08
341.64
376.01
426.55
502.37
622.62
Sun Life Assurance
290.35
327.01
385.03
443.36
516.64
633.89
Company
55
60
65
70
75
80
BMO Insurance
322.09
351.15
382.70
443.49
478.31
578.27
Canada Life
306.81
346.03
379.21
424.47
492.00
580.06
Desjardins Fin. Security
321.89
351.92
392.36
448.24
519.62
625.43
Empire Life
304.41
331.70
368.36
418.67
489.43
591.11
Equitable Life
325.51
355.06
400.45
456.58
508.18
576.42
RBC Life Insurance
311.92
349.16
394.24
449.96
514.15
613.96
Sun Life Assurance
290.31
326.90
384.61
441.83
510.41
607.88
*Manulife has discontinued external sales of individual fixed annuities.
