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Life Insurance Agent Salary

$51,188 (USD)

Average Salary

$25/hr

Average Hourly

$6,562

Average Bonus

Last updated: December 05, 2019

The average pay for a Life Insurance Agent is $51,188 a year and $25 an hour in the United States. The average salary range for a Life Insurance Agent is between $30,151 and $64,261. On average, a Bachelor's Degree is the highest level of education for a Life Insurance Agent. This compensation analysis is based on salary survey data collected directly from employers and anonymous employees in the United States.

ERI’s compensation data are based on salary surveys conducted and researched by ERI. Cost of labor data in the Assessor Series are based on actual housing sales data from commercially available sources, plus rental rates, gasoline prices, consumables, medical care premium costs, property taxes, effective income tax rates, etc.

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Description:
  • Sells life insurance policies to new or existing customers in assigned area or territory.
  • Creates prospect list and new accounts.
  • Calls on and interacts directly with new and existing customers or clients to explain features and merits of policies offered, recommending amount and type of coverage based on analysis of prospect's circumstances, and utilizing persuasive sales techniques.
  • Requires license to sell life insurance.
Life Insurance Agent Job Prevalence in the United States

Job family: Insurance Sales Agents

Job family population: 393,830

Estimated population of Life Insurance Agent jobs: 141,172

Rate of error: 1.1%

Estimated salary in 2024:
$59,342
5 Year Change:
16 %
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About United States

United States Cost of Living Score:

Description: The United States of America (USA), commonly known as the United States (U.S. or US) or simply America, is a country comprising 50 states, a federal district, five major self-governing territories, and various possessions. At 3.8 million square miles (9.8 million km2), it is the world's third or fourth largest country by total area and is slightly smaller than the entire continent of Europe. Most of the country is located in central North America between Canada and Mexico. With an estimated population of over 327 million people, the U.S. is the third most populous country. The capital is Washington, D.C., and the...

Life Insurance Agent Job Listings for United States

Field Underwriter/Life Insurance Agent
Nov 30
Sarasota, FL, USA
The Straus Agency | Equis Financial
I am looking for a Life Insurance Agent/Field Underwriter whom we can train to work in the Sarasota area. You will be required to learn our proven sales system and help hire and train new agents. The ...
Life Insurance Agent-NO COLD CALLS!!!-$100k+ First Year
Dec 5
Omaha, NE, USA
Symmetry Financial Group
Willingness to obtain a life insurance license; sales experience is a plus, but definitely not ... The average agent will write roughly five policies per week with the average compensation around ...
Sales - Life Insurance Agent
Dec 4
San Diego, CA, USA
Family First Life
... Life from the rest of the industry 1. Aggressive Compensation + Bonuses · In the insurance ... Due to the variety of lead types that we work with, we're able to find a lead plan for every agent ...
Life Insurance Agent - Work From Home
Dec 4
Modesto, CA, USA
Helin Insurance Group
Licensed life insurance agents - or those willing to get a license - to join our team! Positions ... Average agent makes $2,750/week * Opportunity to qualify for Equity bonus * After applying for this ...
Bilingual (SPANISH) Final Expense Insurance Agent - *FREE LEAD SYSTEM*
Dec 2
Dallas, TX, USA
Senior Life Insurance Company
... Income Life, New York Life, Family First, Bankers Life. You will be personally mentored by a ... Life Insurance Company * This opportunity is a contracted, commission-based, independent agent ...

The average pay for a Life Insurance Agent is $51,188 a year and $25 an hour in the United States. The average salary range for a Life Insurance Agent is between $30,151 and $64,261. On average, a Bachelor's Degree is the highest level of education for a Life Insurance Agent. This compensation analysis is based on salary survey data collected directly from employers and anonymous employees in the United States.

ERI’s compensation data are based on salary surveys conducted and researched by ERI. Cost of labor data in the Assessor Series are based on actual housing sales data from commercially available sources, plus rental rates, gasoline prices, consumables, medical care premium costs, property taxes, effective income tax rates, etc.

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Field Underwriter/Life Insurance Agent
Nov 30
Sarasota, FL, USA
The Straus Agency | Equis Financial
I am looking for a Life Insurance Agent/Field Underwriter whom we can train to work in the Sarasota area. You will be required to learn our proven sales system and help hire and train new agents. The ...
Life Insurance Agent-NO COLD CALLS!!!-$100k+ First Year
Dec 5
Omaha, NE, USA
Symmetry Financial Group
Willingness to obtain a life insurance license; sales experience is a plus, but definitely not ... The average agent will write roughly five policies per week with the average compensation around ...
Explore our most popular jobs
View our most popular salary searches and other resources