Click on the links to view the difference in Annuity Rates between a male annuitant and a female annuitant. The annuity rates comparison will show you that the male annuitant will receive more income than a female of the same age.
Male Annuity Rate | Female Annuity Rate | Joint Annuity Rate
In North America the gender of the annuitant has not been bent to serve the interest of those politicians and supporters who endeavour to make us all equal. Men live shorter lives and thus receive a higher benefit than a woman of the same age. She lives longer and therefore will receive a lesser benefit for longer, to even out the process.
So to try an annuity rates comparison between the two sexes would be difficult as you would also have to consider joint life annuities for couples. Here, where the male is usually older and sometimes much older, you have an even greater discrepancy in life expectancy, as well as the genetic difference.
In Canada and the US, annuity rates comparison between companies is reasonably simple to accomplish.
But then you need to make a comparison of the strength of the life insurance companies. Is the life insurance company that is offering the best return, the strongest financially of all the companies in the annuity rates comparison list?
Then if you are transferring fund s from a RRIF or RRSP, you need to know how long you have for the transfer of the funds to be effected. A common period is 45 days but could be less or more, depending on the company.
Thus it is difficult to compare annuity rates and any table of annuity rates comparison must be taken with a grain of salt.