What are careers in life insurance?

Insurance sales agents, insurance investigators, and insurance appraisers are careers in the life insurance agency. Here are some details about these careers and others in the life insurance industry:

• Insurance sales agent

Insurance sales agents also referred to as insurance sales representatives, design and implement marketing strategies to help life insurance companies sell new contracts or change current contracts.

They seek out new life insurance clients and evaluate their needs to offer them a life insurance plan that works for them. Insurance sales agents also provide customer services to clients, like when they change their life insurance policies and help them develop long-term plans.

The average salary of an insurance sales agent in the United States is $57,205 per year.

• Insurance investigator

Insurance investigators evaluate life insurance claims to prevent or identify any criminal dealings or potential life insurance fraud.

They review paperwork and life insurance claims, interview relevant witnesses, and review surveillance footage if necessary.

Insurance investigators act as detectives to make sure life insurance policyholders aren't committing fraud. Insurance investigators also collect information from law enforcement, witnesses, claimants, and insurance adjusters to evaluate the case and determine if the life insurance claims are accurate and legal.

The average salary of an insurance investigator in the United States is $45,637 per year.

• Insurance appraiser

Insurance appraisers help determine the value of an individual's life insurance policy. They also examine life insurance.

Insurance appraisers determine if an insurance company pays a life insurance claim and makes a decision on how much they should pay. They are also responsible for directing any fraudulent claims to insurance investigators if they suspect someone is committing insurance fraud.

The average salary of an insurance appraiser in the United States is $59,844 per year.

• Insurance broker

They also work to inform their clients about coverage options and make recommendations based on the individual's specific needs.

The average salary of an insurance broker in the United States is $66,889 per year.