Annuity Rate Comparisons

Single vs Joint
Published:

Single vs Joint Comparison Table

Age Single ( Male) Single ( Female) Joint Diff. vs Joint Diff. vs Joint

Annuity rates are based on the following assumptions.

• $100,000 of registered funds • No guarantee period • Payments begin in one month

All Insurer Rate Tables

Use the button to view all insurer rates. Monthly income per $100,000; no guarantee period.

Single Life — Male

Company 55 60 65 70 75 80
BMO Insurance 484.21 522.62 576.97 649.57 752.82 926.09
Canada Life 456.28 490.61 540.20 614.69 730.69 918.12
Desjardins 470.86 510.84 566.12 645.51 748.22 892.46
Empire Life 433.13 473.98 530.08 606.89 709.89 -
Manulife Investments 482.14 519.40 573.13 649.27 750.50 912.85
RBC Life Insurance 447.41 488.21 542.77 618.33 735.05 921.33
Sun Life Assurance 465.69 501.00 551.22 627.75 - -

Single Life — Female

Company 55 60 65 70 75 80
BMO Insurance 473.04 494.19 538.74 598.28 662.16 812.55
Canada Life 435.72 464.00 503.50 559.93 643.42 774.35
Desjardins 448.00 482.52 529.60 595.51 677.68 805.58
Empire Life 410.28 443.09 488.52 553.09 647.64 -
Manulife Investments 467.11 498.95 545.27 604.80 686.96 807.81
RBC Life Insurance 426.09 461.87 510.52 576.03 670.24 817.15
Sun Life Assurance 444.76 478.30 521.95 585.32 - -

Joint Life —

Company 55 60 65 70 75 80
BMO Insurance 439.10 450.18 481.06 521.79 558.08 661.95
Canada Life 411.07 432.04 461.78 505.48 571.64 675.89
Desjardins 419.04 445.60 482.52 535.09 599.31 712.00
Empire Life 384.58 409.20 443.30 491.49 561.63 -
Manulife Investments 433.89 456.48 492.82 537.40 599.32 696.49
RBC Life Insurance 401.25 427.29 464.00 514.88 586.19 698.31
Sun Life Assurance 419.68 440.47 469.71 518.10 - -

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Insight: Single life payouts are typically higher than joint life payouts at the same age because joint payments are designed to continue for two lives.

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