2024 Best Annuity Rates in Canada

Annuity Comparison Tables

2024 annuity rates
Figure 1. Annuity Rates 2024

Annuity Rates as of Apr 1, 2024

The following monthly annuity rates are based on a premium of $100,000.00 of registered funds. Payments will commence in one month.

Single Life: Male
Single Life Female
Joint Life

Annuity Rates as of Apr 1, 2024

Single Life: Male, no guarantee option

Company 55 60 65 70 75 80
BMO Insurance 483.62 524.35 580.98 661.54 761.96 935.42
Canada Life 471.62 510.67 566.03 648.22 774.33 974.22
Desjardins Fin. Security 494.17 533.76 588.74 668.08 781.34 924.56
Empire Life 467.82 509.13 566.00 643.79 747.37 -
Manulife 477.07 520.22 575.33 659.58 788.42 952.25
RBC Life Insurance 453.57 491.92 545.28 624.09 745.02 938.63
Sun Life Assurance Co 474.27 513.04 568.15 652.28 781.02 975.17

Single Life: Male, 10 year guarantee option

Company 55 60 65 70 75 80
BMO Insurance 492.69 532.07 585.89 647.53 702.45 789.83
Canada Life 467.14 503.26 553.15 621.54 712.66 818.96
Desjardins Fin. Security 490.31 527.36 577.45 644.93 729.20 826.55
Empire Life 464.00 501.62 550.27 612.52 693.06 795.19
Equitable Life 493.17 539.34 587.91 649.92 717.09 795.43
Manulife 473.73 513.62 561.49 630.30 719.08 800.23
RBC Life Insurance 453.67 527.45 586.34 648.77 700.39 808.93
Sun Life Assurance Co 470.90 506.50 554.43 623.22 711.87 808.34

Single Life: Female, no guarantee option

Company 55 60 65 70 75 80
BMO Insurance 460.56 496.50 544.40 611.64 669.25 819.75
Canada Life 447.15 478.58 522.27 584.35 674.79 813.81
Desjardins Fin. Security 471.29 505.38 552.10 617.79 710.14 837.24
Empire Life 444.03 476.90 522.60 587.71 683.05 -
Manulife 454.24 495.18 543.54 613.43 713.67 838.68
RBC Life Insurance 433.97 467.80 514.23 579.67 677.56 834.12
Sun Life Assurance Co 451.44 487.98 536.38 606.23 706.23 871.58

Single Life: Female, 10 year guarantee option

Company 55 60 65 70 75 80
BMO Insurance 462.75 503.28 550.33 606.91 650.64 747.28
Canada Life 445.50 475.48 516.27 572.31 648.72 748.02
Desjardins Fin. Security 469.38 501.82 545.17 603.75 680.01 778.04
Empire Life 442.43 473.69 515.90 573.52 652.15 753.72
Equitable Life 470.37 505.71 551.83 609.08 674.20 760.42
Manulife 451.75 490.23 533.62 593.09 666.46 745.66
RBC Life Insurance 433.73 502.64 550.32 607.64 648.93 753.44
Sun Life Assurance Co 448.93 483.07 526.54 586.03 659.36 754.12

Joint Life: guarantee option

Company 55 60 65 70 75 80
BMO Insurance 426.74 452.45 486.53 534.47 564.62 668.41
Canada Life 420.58 444.18 478.09 527.23 600.05 712.71
Desjardins Fin. Security 442.08 468.00 504.33 556.41 630.07 742.38
Empire Life 417.76 442.11 476.07 524.28 594.61 -
Manulife 412.20 437.54 466.45 512.09 581.78 645.11
RBC Life Insurance 409.58 434.62 469.10 518.41 591.71 707.79
Sun Life Assurance Co 423.79 446.90 480.23 533.86 609.08 722.77

Joint Life: 10 year guarantee option

Company 55 60 65 70 75 80
BMO Insurance 431.91 464.67 502.69 549.68 585.66 682.71
Canada Life 420.54 444.06 477.77 526.22 596.33 696.37
Desjardins Fin. Security 442.03 467.89 504.02 555.42 626.46 727.41
Empire Life 417.72 441.99 475.64 522.97 590.83 689.43
Equitable Life 440.59 473.58 506.38 552.62 609.73 691.73
Manulife 411.34 434.49 469.17 520.18 595.78 687.90
RBC Life Insurance 411.34 449.03 504.45 558.34 608.79 698.75
Sun Life Assurance Co 423.74 446.75 479.72 532.18 602.39 695.52

© 2024 Life Annuities.com Inc. All rights reserved. Update Tables

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