Avg. Base Salary (USD)
The average salary for a Life Insurance Agent is $51,374 in 2023
What is the Pay by Experience Level for Life Insurance Agents?
An entry-level Life Insurance Agent with less than 1 year experience can expect to earn an average total compensation (includes tips, bonus, and overtime pay) of $50,759 based on 16 salaries. An early career Life Insurance Agent with 1-4 years of experience earns an average total compensation of $49,534 based on 37 salaries. A …Read more
What Do Life Insurance Agents Do?
Life insurance agents help families plan for the future and protect their assets. They must not only be skilled salespeople, but also possess skills in analyzing financial clients' needs, assessing risk, and understanding which organizational offerings will match clients' desires.
Life insurance agents primarily works with prospective clients to help assess the extent of their needs. They look at salaries, retirement funds, and other inputs, as well as talk directly with potential customers to …Read more
How do Life Insurance Agents Rate Their Jobs?
FAQs About Life Insurance Agents
What is the highest pay for Life Insurance Agents?
Our data indicates that the highest pay for a Life Insurance Agent is $87k / year
What is the lowest pay for Life Insurance Agents?
Our data indicates that the lowest pay for a Life Insurance Agent is $30k / year
How can Life Insurance Agents increase their salary?
Increasing your pay as a Life Insurance Agent is possible in different ways. Change of employer: Consider a career move to a new employer that is willing to pay higher for your skills. Level of Education: Gaining advanced degrees may allow this role to increase their income potential and qualify for promotions. Managing Experience: If you are a Life Insurance Agent that oversees more junior Life Insurance Agents, this experience can increase the likelihood to earn more.