Where can I find the best life annuity rates in Canada?

LifeAnnuites.com provides the best life annuity rates in Canada. We quote from all the top leading insurance companies in Canada. The following rates are examples only. For personal annuity rates please use our Annuity Quote Form. Compare the best annuity rates in Canada. Canadian best comparison annuity rates service.

Are annuities gaining interest from Canadians?

Annuities have faced headwinds over the past 40 years. But as interest rates climb and baby boomers retire, they’re gaining interest from Canadians. Annuities are life insurance products that pay a regular income to a purchaser. When you buy an annuity, it’s like buying a pension plan with a lump sum premium paid from your savings.

Should you buy an annuity in Canada?

The nice thing about buying an annuity is that it's a one-time purchase giving you a lifetime of guaranteed payments. You also won't have to worry about fluctuating GIC rates. Your annuity rates are a combination of when and how much guaranteed income payments you need. This is represented by the different basic types of annuities found in Canada.