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This question is about life insurance agent and life insurance agent salaries.
Do life insurance agents make good money?
Yes, life insurance agents make good money. The national average pay for a life insurance agent is $79,730 a year. However, it can range from as high as $174,000 a year to as low as $20,000 a year.
Relative to the educational or other credentials, which is nothing more than a high school diploma, the pay rate for a life insurance agent is pretty good.
The vast majority of life insurance sales jobs are straight commission. That means no base salary and no benefits. For this reason, more than 90% of new agents quit the business within the first year. However, for those who succeed, there is decent money to be made. Regardless, Insurance sales agents rank #2 in best sales and marketing jobs.
Top five states in pay for life insurance agents:
New York - $89,872 a year of $43.21 an hour
New Hampshire - $87,121 a year of $41.89 an hour
Vermont - $82,353 a year of $39.59 an hour
Wyoming - $80,242 a year of $38.58 an hour
Maine - $80,085 a year of $38.50 an hour
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