Annuity Rate Comparisons
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 |
514.93 | 548.58 | 597.09 | 673.28 | 761.96 | 935.42 |
 Canada Life |
484.23 | 519.14 | 568.85 | 643.77 | 760.33 | 948.94 |
 Desjardins |
503.68 | 542.79 | 597.14 | 675.54 | 777.02 | 919.26 |
 Empire Life |
463.20 | 503.36 | 558.82 | 634.97 | 737.09 | - |
 Manulife Investments |
513.67 | 548.80 | 598.53 | 669.98 | 769.66 | 911.85 |
 RBC Life Insurance |
482.62 | 518.62 | 569.80 | 643.96 | 760.65 | 932.13 |
 Sun Life Assurance |
501.54 | 537.25 | 588.12 | 666.05 | - | - |
Single Life — Female
| Company | 55 | 60 | 65 | 70 | 75 | 80 |
|---|---|---|---|---|---|---|
| BMO Insurance |
500.72 | 530.43 | 573.01 | 628.48 | 682.29 | 833.00 |
| Canada Life |
463.58 | 491.99 | 531.96 | 588.71 | 672.78 | 804.39 |
| Desjardins |
481.10 | 514.80 | 561.01 | 626.00 | 706.98 | 833.24 |
| Empire Life |
440.58 | 472.70 | 517.47 | 581.41 | 675.35 | - |
| Manulife Investments |
499.00 | 529.69 | 573.61 | 630.58 | 699.86 | 827.33 |
| RBC Life Insurance |
464.12 | 496.12 | 539.99 | 601.78 | 696.08 | 836.67 |
| Sun Life Assurance |
480.25 | 514.38 | 558.70 | 623.27 | - | - |
Joint Life —
| Company | 55 | 60 | 65 | 70 | 75 | 80 |
|---|---|---|---|---|---|---|
| BMO Insurance |
466.57 | 485.75 | 514.21 | 550.49 | 576.67 | 680.31 |
| Canada Life |
438.76 | 459.61 | 489.27 | 533.05 | 599.08 | 704.01 |
| Desjardins |
452.06 | 477.61 | 513.45 | 564.85 | 627.62 | 738.93 |
| Empire Life |
414.87 | 438.56 | 471.71 | 518.95 | 588.16 | - |
| Manulife Investments |
464.45 | 486.42 | 520.87 | 560.15 | 618.23 | 714.66 |
| RBC Life Insurance |
440.08 | 463.57 | 495.77 | 541.97 | 611.42 | 717.04 |
| Sun Life Assurance |
454.51 | 475.38 | 504.64 | 553.64 | - | - |
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.
