2022 Best Annuity Rates in Canada
Annuity Comparison Tables
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
Single Life: Male, no guarantee option
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 |
Single Life: Male, 10 year guarantee option
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 |
Single Life: Female, no guarantee option
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 |
Single Life: Female, 10 year guarantee option
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 |
Joint Life: no guarantee option
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 |
Joint Life: 10 year guarantee option
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.