2022 Best Annuity Rates in Canada
Annuity Comparison Tables
April 28, 2022
Figure 1. Annuity Rates 2022
Annuity Rates as of April 28, 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 April 28, 2022
Company
55
60
65
70
75
80
BMO Insurance
464.17
481.89
544.26
630.04
729.11
907.42
Canada Life
463.73
499.22
555.40
642.94
767.56
955.91
Desjardins Fin. Security
464.17
505.98
563.95
647.46
764.47
914.34
Empire Life
456.43
499.22
558.80
639.31
747.07
-
RBC Life Insurance
426.60
465.07
519.76
601.53
727.01
930.94
Sun Life Assurance
438.64
483.70
550.27
637.93
774.69
966.42
Company
55
60
65
70
75
80
BMO Insurance
445.39
485.60
544.69
612.22
661.16
750.61
Canada Life
459.18
491.75
542.02
614.66
701.91
794.65
Desjardins Fin. Security
460.35
499.57
552.35
623.08
708.40
807.56
Empire Life
452.49
491.75
542.21
606.52
689.36
792.61
Equitable Life
465.45
503.99
558.10
626.18
704.91
782.39
RBC Life Insurance
426.92
500.80
555.27
623.95
682.89
795.65
Sun Life Assurance
435.34
477.07
535.87
606.78
699.88
789.30
Company
55
60
65
70
75
80
BMO Insurance
419.56
457.12
502.11
575.85
638.03
793.62
Canada Life
428.72
470.78
511.23
580.54
672.42
800.80
Desjardins Fin. Security
440.27
475.35
525.60
594.62
689.43
822.72
Empire Life
431.35
465.69
513.26
580.91
680.16
-
RBC Life Insurance
407.29
440.61
487.63
555.47
656.81
820.19
Sun Life Assurance
417.24
456.71
512.23
589.22
692.56
862.73
Company
55
60
65
70
75
80
BMO Insurance
425.30
460.49
505.11
567.31
610.58
709.82
Canada Life
427.03
467.51
504.92
536.67
644.17
729.85
Desjardins Fin. Security
438.40
472.80
518.83
567.65
657.45
758.49
Empire Life
429.72
462.38
506.30
556.09
647.22
750.61
Equitable Life
436.51
474.12
519.94
581.76
660.01
746.42
RBC Life Insurance
407.14
470.90
516.83
579.04
629.09
738.20
Sun Life Assurance
414.86
451.96
502.39
568.27
643.01
737.88
Company
55
60
65
70
75
80
BMO Insurance
385.70
413.27
444.90
499.25
534.09
642.42
Canada Life
396.59
434.59
468.79
515.81
594.23
706.78
Desjardins Fin. Security
410.36
438.25
476.98
532.14
607.72
726.23
Empire Life
404.34
430.04
465.69
516.08
589.53
-
RBC Life Insurance
382.53
408.41
443.19
493.80
570.17
691.24
Sun Life Assurance
384.54
415.46
458.41
516.27
594.45
710.57
Company
55
60
65
70
75
80
BMO Insurance
394.07
421.59
457.28
509.82
545.55
645.42
Canada Life
396.55
434.47
468.43
514.67
589.98
687.96
Desjardins Fin. Security
410.38
438.13
476.64
531.05
603.62
708.88
Empire Life
404.30
429.91
465.22
514.65
585.29
686.87
Equitable Life
411.38
436.60
474.88
527.28
596.53
678.89
RBC Life Insurance
384.30
425.73
474.14
526.01
554.58
682.33
Sun Life Assurance
384.49
415.30
457.87
514.39
586.93
680.28
*Manulife has discontinued external sales of individual fixed annuities.
