Joint Term Certain Annuity Rates
January 15, 2019
Joint Term Certain Comparison Tables
The following Canadian term certain annuity rates are as of January 15, 2019.
The monthly income is based on a premium of $100,000.00 of non-registered funds and payments will commence in one month.
5 Year Term Certain
Company
Age 55
Age 60
Age 65
Age 70
Age 75
Age 80
BMO Insurance
1,712.18
1,712.18<
1,712.18<
1,712.18<
1,712.18<
1,712.18<
Canada Life
1,722.95
1,722.95
1,722.94
1,722.93
1,722.90
1,722.85
Desjardins Fin.
n/a
n/a
n/a
n/a
n/a
n/a
Equitable Life
1,703.09
1,703.09
1,703.09
1,703.09
1,703.09
1,703.09
Great-West Life
1,722.95
1,722.95
1,722.94
1,722.93
1,722.90
1,722.85
*Manulife
n/a
n/a
n/a
n/a
n/a
n/a
RBC Insurance
1,695.32
1,695.32
1,695.32
1,695.32
1,695.32
1,695.32
Sun Life
1,694.35
1,694.35
1,694.35
1,694.35
1,694.35
1,694.35
10 Year Term Certain
Company
Age 55
Age 60
Age 65
Age 70
Age 75
Age 80
BMO Insurance
912.10
912.10
912.10
912.10
912.10
912.10
Canada Life
890.42
890.41
890.40
890.39
890.37
890.32
Desjardins Fin.
n/a
n/a
n/a
n/a
n/a
n/a
Empire Life
913.41
913.41
913.41
913.38
913.36
913.39
Equitable Life
904.85
904.85
904.85
904.85
904.85
904.85
Great-West Life
890.42
890.41
890.40
890.39
890.37
890.32
*Manulife
n/a
n/a
n/a
n/a
n/a
n/a
RBC Insurance
900.35
900.35
900.35
900.35
900.35
900.35
Sun Life
904.03
904.03
904.03
904.03
904.03
904.03
15 Year Term Certain
Company
Age 55
Age 60
Age 65
Age 70
Age 75
Age 80
BMO Insurance
646.61
646.61
646.61
646.61
646.61
646.61
Canada Life
645.73
645.74
645.74
645.73
645.71
645.68
Desjardins Fin.
n/a
n/a
n/a
n/a
n/a
n/a
Empire Life
664.50
664.49
664.48
664.45
664.44
n/a
Equitable Life
650.60
650.60
650.60
650.60
650.60
n/a
Great-West Life
645.73
645.74
645.74
645.73
645.71
645.68
*Manulife
n/a
n/a
n/a
n/a
n/a
n/a
RBC Insurance
636.88
636.88
636.88
636.88
636.88
n/a
Sun Life
649.70
649.70
649.70
649.70
649.70
649.70
20 Year Term Certain
Company
Age 55
Age 60
Age 65
Age 70
Age 75
Age 80
BMO Insurance
515.18
515.18
515.18
515.18
515.18
515.18
Canada Life
528.36
528.35
528.35
528.34
528.33
528.30
Desjardins Fin.
n/a
n/a
n/a
n/a
n/a
n/a
Empire Life
538.85
538.85
538.83
538.81
n/a
n/a
Equitable Life
523.37
523.37
523.37
523.37
n/a
n/a
Great-West Life
528.36
528.35
528.35
528.34
528.33
528.30
*Manulife
n/a
n/a
n/a
n/a
n/a
n/a
RBC Insurance
509.97
509.97
509.97
509.97
n/a
n/a
Sun Life
511.27
511.27
511.27
511.27
511.27
511.27
*Please note that Manulife has discontinued external annuity sales as of June 29, 2018.