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General agent vs life insurance agent

The differences between general agents and life insurance agents can be seen in a few details. Each job has different responsibilities and duties. Additionally, a life insurance agent has an average salary of $62,552, which is higher than the $39,307 average annual salary of a general agent.

The top three skills for a general agent include health insurance products, life insurance policies and life insurance. The most important skills for a life insurance agent are health insurance, life insurance license, and life insurance sales.

General agent vs life insurance agent overview

General AgentLife Insurance Agent
Yearly salary$39,307$62,552
Hourly rate$18.90$30.07
Growth rate6%6%
Number of jobs94,74068,781
Job satisfaction--
Most common degreeBachelor's Degree, 65%Bachelor's Degree, 53%
Average age4646
Years of experience--

General agent vs life insurance agent salary

General agents and life insurance agents have different pay scales, as shown below.

General AgentLife Insurance Agent
Average salary$39,307$62,552
Salary rangeBetween $27,000 And $55,000Between $39,000 And $99,000
Highest paying City-Anchorage, AK
Highest paying state-Alaska
Best paying company-AIG
Best paying industry-Insurance

Differences between general agent and life insurance agent education

There are a few differences between a general agent and a life insurance agent in terms of educational background:

General AgentLife Insurance Agent
Most common degreeBachelor's Degree, 65%Bachelor's Degree, 53%
Most common majorBusinessBusiness
Most common collegeUniversity of PennsylvaniaUniversity of Pennsylvania

General agent vs life insurance agent demographics

Here are the differences between general agents' and life insurance agents' demographics:

General AgentLife Insurance Agent
Average age4646
Gender ratioMale, 73.5% Female, 26.5%Male, 53.7% Female, 46.3%
Race ratioBlack or African American, 9.3% Unknown, 3.6% Hispanic or Latino, 15.9% Asian, 4.9% White, 66.3% American Indian and Alaska Native, 0.1%Black or African American, 9.4% Unknown, 3.6% Hispanic or Latino, 16.0% Asian, 4.9% White, 66.0% American Indian and Alaska Native, 0.1%
LGBT Percentage7%7%

Differences between general agent and life insurance agent duties and responsibilities

General agent example responsibilities.

  • Increase sales of life, annuities, disability and securities from [] to []
  • Operate remote telecommunications using applications and secure computer communications to troubleshoot and resolve issues on customer Samsung devices.
  • Help maintain Primerica as the number one source for insurance needs by directly switching accounts over to the company.

Life insurance agent example responsibilities.

  • Used consultative upselling techniques to provide leads
  • License in state of VA to sell life insurance, annuities, disability income, Medicare supplements, and LTC.
  • Use of a variety of tools to help employers compile the best possible life insurance or annuity packages to retain employees.
  • Market life insurance and annuity products
  • Maintain knowledge of states insurance laws and HIPPA compliance.
  • Examine doors, windows and gates to ensure that they are secure.
  • Show more

General agent vs life insurance agent skills

Common general agent skills
  • Health Insurance Products, 11%
  • Life Insurance Policies, 10%
  • Life Insurance, 8%
  • Life Insurance Products, 7%
  • Long-Term Care, 7%
  • Disability Insurance, 6%
Common life insurance agent skills
  • Health Insurance, 24%
  • Life Insurance License, 16%
  • Life Insurance Sales, 14%
  • Work Ethic, 10%
  • Lead Generation, 8%
  • Develop Leads, 5%