Just like security agents, FBI agents, and real estate agents, there are life insurance agents as well. Having a professional who knows the insurance industry in the sophisticated world of life insurance is excellent. People usually have life insurance agents enjoy the most suitable and best deals available. Find a dedicated agent to find yourself a reasonable amount of time and money.

Life insurance agents sell life insurances to people and a wide range of companies. They suggest life insurance that suits their qualifications, needs, and interests. For that, these licensed professionals ask a number of questions related to you and your life. Life insurance agents also discuss available alternatives and options and consider the long-term financial objectives and goals of the client.

Life insurance agents earn $52.07 per hour by working with different life insurance agencies. To become a life insurance agent, you need to have a bachelor's or associate's degree in business or insurance. You will also need a license for a specific line of authority and decide the type of insurance you want to sell.

What Does a Life Insurance Agent Do

There are certain skills that many life insurance agents have in order to accomplish their responsibilities. By taking a look through resumes, we were able to narrow down the most common skills for a person in this position. We discovered that a lot of resumes listed analytical skills, communication skills and initiative.

Learn more about what a Life Insurance Agent does

How To Become a Life Insurance Agent

If you're interested in becoming a life insurance agent, one of the first things to consider is how much education you need. We've determined that 52.5% of life insurance agents have a bachelor's degree. In terms of higher education levels, we found that 6.1% of life insurance agents have master's degrees. Even though most life insurance agents have a college degree, it's possible to become one with only a high school degree or GED.

Learn More About How To Become a Life Insurance Agent

Life Insurance Agent Career Paths

Average Salary for a Life Insurance Agent

Life Insurance Agents in America make an average salary of $62,552 per year or $30 per hour. The top 10 percent makes over $99,000 per year, while the bottom 10 percent under $39,000 per year.
Average Life Insurance Agent Salary
$62,552 Yearly
$30.07 hourly
$39,000
10 %
$62,000
Median
$99,000
90 %

What Am I Worth?

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How To Become a Life Insurance Agent
How To Become a Life Insurance Agent Career Overview

States With The Most Life Insurance Agent Jobs

Mouse over a state to see the number of active life insurance agent jobs in each state. The darker areas on the map show where life insurance agents earn the highest salaries across all 50 states.

Average Salary: Job Openings:

Number Of Life Insurance Agent Jobs By State

RankStateNumber of JobsAverage Salary
1California2,907$71,784
2Texas1,883$64,964
3Florida1,822$65,059
4Pennsylvania1,500$71,122
5Ohio1,377$77,125
6New York1,126$81,855
7Illinois1,069$73,631
8Massachusetts965$85,061
9Michigan947$72,466
10Arizona920$73,604
11Missouri820$69,166
12Georgia820$65,475
13Colorado724$77,129
14Tennessee642$69,300
15Virginia639$66,261
16Washington601$90,447
17North Carolina588$69,804
18New Jersey584$77,631
19Wisconsin578$84,679
20Oregon563$86,703
21Indiana558$74,265
22Alabama504$79,697
23Minnesota482$81,357
24Maryland454$69,495
25Utah427$69,687
26South Carolina425$69,889
27Oklahoma334$65,342
28Arkansas329$68,994
29Nebraska319$82,296
30Connecticut308$78,105
31Iowa295$73,904
32Louisiana278$67,131
33Kansas270$74,019
34Nevada265$67,260
35New Hampshire193$85,867
36Mississippi192$68,728
37Idaho177$75,776
38New Mexico177$62,830
39Delaware167$71,115
40Kentucky156$68,829
41Montana147$78,032
42Rhode Island141$82,629
43Vermont134$75,744
44South Dakota124$84,741
45West Virginia120$61,182
46Maine108$77,326
47Hawaii96$76,704
48North Dakota94$82,505
49Wyoming92$76,843
50Alaska66$124,219

Life Insurance Agent Education

Life Insurance Agent Majors

34.8 %

Life Insurance Agent Degrees

Bachelors

52.5 %

Associate

19.8 %

High School Diploma

12.7 %

Top Colleges for Life Insurance Agents

1. University of Pennsylvania

Philadelphia, PA • Private

In-State Tuition
$55,584
Enrollment
10,764

2. Boston University

Boston, MA • Private

In-State Tuition
$53,948
Enrollment
17,238

3. University of Minnesota - Twin Cities

Minneapolis, MN • Private

In-State Tuition
$14,760
Enrollment
31,451

4. Howard University

Washington, DC • Private

In-State Tuition
$26,756
Enrollment
6,166

5. SUNY College at Oswego

Oswego, NY • Private

In-State Tuition
$8,440
Enrollment
7,039

6. Stanford University

Stanford, CA • Private

In-State Tuition
$51,354
Enrollment
7,083

7. Baylor University

Waco, TX • Private

In-State Tuition
$45,542
Enrollment
14,159

8. University of Louisiana at Lafayette

Lafayette, LA • Private

In-State Tuition
$9,912
Enrollment
14,245

9. Ball State University

Muncie, IN • Private

In-State Tuition
$9,896
Enrollment
15,529

10. Butler University

Indianapolis, IN • Private

In-State Tuition
$41,120
Enrollment
4,553

Top Skills For a Life Insurance Agent

The skills section on your resume can be almost as important as the experience section, so you want it to be an accurate portrayal of what you can do. Luckily, we've found all of the skills you'll need so even if you don't have these skills yet, you know what you need to work on. Out of all the resumes we looked through, 24.1% of life insurance agents listed health insurance on their resume, but soft skills such as analytical skills and communication skills are important as well.

Choose From 10+ Customizable Life Insurance Agent Resume templates

Zippia allows you to choose from different easy-to-use Life Insurance Agent templates, and provides you with expert advice. Using the templates, you can rest assured that the structure and format of your Life Insurance Agent resume is top notch. Choose a template with the colors, fonts & text sizes that are appropriate for your industry.

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Life Insurance Agent Resume
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Life Insurance Agent Resume
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Life Insurance Agent Demographics

Life Insurance Agent Gender Distribution

Male
Male
54%
Female
Female
46%

After extensive research and analysis, Zippia's data science team found that:

  • Among life insurance agents, 46.3% of them are women, while 53.7% are men.

  • The most common race/ethnicity among life insurance agents is White, which makes up 69.2% of all life insurance agents.

  • The most common foreign language among life insurance agents is Spanish at 59.3%.

Work Experience Programs For Life Insurance Agents

Virtual work experience programs replicate work at top companies and help you gain the skills to be successful when applying and working there. In only a few hours, learn the relevant tools necessary to complete a typical work day at that company. Virtual work experience programs are 100% free, open-access, and self-paced. No experience or application is required!

Client Research and Problem Identification Program

Company: Accenture North America

Cost: Free

Duration: 4-5 hours

Financial Services Regulation Program

Company: Herbert Smith Freehills

Cost: Free

Duration: 5-6.5 hours

Disputes, Competition & Insurance Program

Company: MinterEllison

Cost: Free

Duration: 3-4 hours

Audit Program

Company: Grant Thornton Australia

Cost: Free

Duration: 5-6 hours

Workplace Preparation Program

Company: ANZ

Cost: Free

Duration: 5-6 hours

Markets - Sales & Trading Program

Company: Citi APAC

Cost: Free

Duration: 5-6 hours

Digital Intelligence in Business Transformation Program

Company: PwC Switzerland

Cost: Free

Duration: 7-8 hours

Careers in Government Program

Company: NSW Government Virtual Program

Cost: Free

Duration: 1-2 hours

Life Sciences & Healthcare Program

Company: Hogan Lovells US

Cost: Free

Duration: 5-6 hours

StartUps for Smarter Cities Program

Company: Sydney School of Entrepreneurship

Cost: Free

Duration: 7-9 hours

Online Courses For Life Insurance Agent That You May Like

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Best States For a Life Insurance Agent

Some places are better than others when it comes to starting a career as a life insurance agent. The best states for people in this position are Alaska, Washington, Oregon, and New Hampshire. Life insurance agents make the most in Alaska with an average salary of $124,219. Whereas in Washington and Oregon, they would average $90,447 and $86,703, respectively. While life insurance agents would only make an average of $85,867 in New Hampshire, you would still make more there than in the rest of the country. We determined these as the best states based on job availability and pay. By finding the median salary, cost of living, and using the Bureau of Labor Statistics' Location Quotient, we narrowed down our list of states to these four.

1. Oregon

Total Life Insurance Agent Jobs:
563
Highest 10% Earn:
$119,000
Location Quotient:
1.36

2. Nebraska

Total Life Insurance Agent Jobs:
319
Highest 10% Earn:
$113,000
Location Quotient:
1.43

3. South Dakota

Total Life Insurance Agent Jobs:
124
Highest 10% Earn:
$115,000
Location Quotient:
1.16
Full List Of Best States For Life Insurance Agents

How Do Life Insurance Agent Rate Their Jobs?

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Top Life Insurance Agent Employers

We've made finding a great employer to work for easy by doing the hard work for you. We looked into employers that employ life insurance agents and discovered their number of life insurance agent opportunities and average salary. Through our research, we concluded that American Income Life Insurance was the best, especially with an average salary of $75,078. Assurance follows up with an average salary of $66,838, and then comes Primerica with an average of $36,162. In addition, we know most people would rather work from home. So instead of having to change careers, we identified the best employers for remote work as a life insurance agent. The employers include World Financial Group, Asurea, and WFG National Title

Most Common Employers For Life Insurance Agent

RankCompanyAverage SalaryHourly RateJob Openings
1AIG$105,529$50.7448
2Combined Insurance$84,338$40.5530
3Aflac$83,768$40.2774
4World Financial Group$81,025$38.9579
5Family First Life$80,185$38.55123
6First Financial Security$80,120$38.5236
7American Income Life Insurance$75,078$36.101,248
8New York Life Insurance$68,675$33.02470
9Western & Southern Financial Group$68,227$32.8030
10Assurance$66,838$32.13572

Life Insurance Agent Videos

Becoming a Life Insurance Agent FAQs

Do Insurance Agents Make Good Money?

Yes, insurance agents make good money. The national average pay for an insurance agent is $79,730 a year. However, it can vary widely, starting as little as $20,000 a year to as much as $174,000 a year.

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.

How Do You Get Certified To Sell Life Insurance?

To get certified to sell life insurance requires getting an insurance license.

Each state has different processes and requirements when it comes to insurance licensing, but these general guidelines are followed in most states.

How Much Does A Life Insurance Agent Make A Year?

A life insurance agent makes $79,730 a year. However, it can range from as high as $174,000 a year to as low as $20,000 a year.

One major factor in differences in pay rate for a life insurance agent has to do with where the life insurance agent is working.

Is Selling Life Insurance A Good Career Opportunity?

Yes, selling life insurance is a good career opportunity. Here are some of the major benefits of becoming an insurance agent:

  • Potentially unlimited salary - Depending on your level within an agency or position in an insurance company, your compensation may include commissions on your sales. This means that the more you sell, the more you make. No ceiling.

  • Low barrier of entry - A license and a hunger to learn and work hard are the only things you need to enter as an insurance agent.

  • Flexibility - Insurance agents that work at whichever time of the day makes the most sense for them. This means that you have the ability to work outside the standard nine-to-five shift.

  • Helping people - When an insurance agent delivers a claim check to someone, they are delivering peace of mind. It's more than just dollars; it's an assurance that they will be able to make it through life after a loss.

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:

Search For Life Insurance Agent Jobs