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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 | Life Insurance Agent | |
| Yearly salary | $39,307 | $62,552 |
| Hourly rate | $18.90 | $30.07 |
| Growth rate | 6% | 6% |
| Number of jobs | 94,740 | 68,781 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 65% | Bachelor's Degree, 53% |
| Average age | 46 | 46 |
| Years of experience | - | - |
General agents and life insurance agents have different pay scales, as shown below.
| General Agent | Life Insurance Agent | |
| Average salary | $39,307 | $62,552 |
| Salary range | Between $27,000 And $55,000 | Between $39,000 And $99,000 |
| Highest paying City | - | Anchorage, AK |
| Highest paying state | - | Alaska |
| Best paying company | - | AIG |
| Best paying industry | - | Insurance |
There are a few differences between a general agent and a life insurance agent in terms of educational background:
| General Agent | Life Insurance Agent | |
| Most common degree | Bachelor's Degree, 65% | Bachelor's Degree, 53% |
| Most common major | Business | Business |
| Most common college | University of Pennsylvania | University of Pennsylvania |
Here are the differences between general agents' and life insurance agents' demographics:
| General Agent | Life Insurance Agent | |
| Average age | 46 | 46 |
| Gender ratio | Male, 73.5% Female, 26.5% | Male, 53.7% Female, 46.3% |
| Race ratio | Black 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 Percentage | 7% | 7% |