2022 Best Annuity Rates in Canada
Annuity Comparison Tables
March 26, 2022
Figure 1. Annuity Rates 2022
Annuity Rates as of March 26, 2022
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 March 26, 2022
Company
55
60
65
70
75
80
BMO Insurance
440.64
478.75
539.80
625.41
720.25
892.95
Canada Life
432.41
464.31
519.68
598.45
715.91
886.98
Desjardins Fin. Security
444.99
486.25
542.99
624.19
737.05
883.68
Empire Life
415.86
458.56
516.78
595.99
701.42
-
RBC Life Insurance
401.47
439.17
492.69
573.05
697.41
898.49
Sun Life Assurance
422.80
465.90
530.01
614.36
746.27
931.35
Company
55
60
65
70
75
80
BMO Insurance
443.23
482.24
540.67
609.70
655.36
745.13
Canada Life
435.51
471.42
514.53
586.53
670.38
758.81
Desjardins Fin. Security
441.59
480.48
532.56
602.27
686.61
786.11
Empire Life
412.46
451.73
502.19
566.43
648.92
752.90
Equitable Life
RBC Life Insurance
402.07
473.50
540.61
610.52
655.68
768.42
Sun Life Assurance
415.16
455.57
512.86
582.27
674.39
764.43
Company
55
60
65
70
75
80
BMO Insurance
417.49
454.86
497.99
573.48
630.29
780.06
Canada Life
405.11
446.83
490.08
548.01
637.42
760.98
Desjardins Fin. Security
421.46
457.14
505.53
572.94
664.71
794.50
Empire Life
391.44
424.64
472.62
538.97
635.56
-
RBC Life Insurance
382.55
415.17
461.89
527.61
627.79
788.16
Sun Life Assurance
397.48
435.53
489.19
563.67
663.05
827.16
Company
55
60
65
70
75
80
BMO Insurance
423.34
458.07
501.49
565.48
604.55
703.27
Canada Life
403.64
443.95
484.45
536.67
612.47
698.05
Desjardins Fin. Security
419.81
453.98
499.22
559.86
636.02
736.33
Empire Life
390.07
422.84
466.63
523.97
606.42
709.95
Equitable Life
RBC Life Insurance
382.61
456.88
500.92
565.75
601.57
710.67
Sun Life Assurance
395.34
431.23
480.23
544.51
617.93
712.65
Company
55
60
65
70
75
80
BMO Insurance
384.20
411.77
441.84
498.31
528.78
632.88
Canada Life
370.28
411.70
445.75
492.12
562.58
671.83
Desjardins Fin. Security
392.27
420.09
458.41
512.58
586.11
700.77
Empire Life
365.22
391.29
427.02
477.02
549.13
-
RBC Life Insurance
358.76
384.68
418.90
468.61
543.83
663.44
Sun Life Assurance
366.06
395.89
437.31
493.42
569.11
681.50
Company
55
60
65
70
75
80
BMO Insurance
392.59
419.74
454.31
508.62
539.92
638.44
Canada Life
370.24
411.60
445.45
491.15
558.99
655.80
Desjardins Fin. Security
392.23
419.99
458.13
511.65
582.61
685.87
Empire Life
365.18
391.18
424.62
475.80
545.49
645.95
Equitable Life
RBC Life Insurance
357.05
408.02
460.71
513.72
563.45
654.74
Sun Life Assurance
366.02
395.74
436.93
491.78
562.50
654.56
*Manulife has discontinued external sales of individual fixed annuities.
