Annuities from Canada's Big Banks

If you're thinking of purchasing an annuity from a bank, it's important to learn how the process differs from using an annuity broker. While the big six banks in Canada offer annuities through their advisors, the annuity policies are only issued by Canadian life insurance companies; not the banks. Banks typically work with one insurance company, mostly their in house brand. This means banks will not get quotes from multiple insurers. This section helps you understand how each Canadian bank operates, so you compare before you make a decision.

Canadian Bank Annuities

List of Canadian Big Banks that offer annuities in Canada.

BMO Annuities

CIBC Annuities

National Bank Annuities

RBC Annuities

Scotiabank Annuities

TD Bank Annuities