Average Life Insurance Agent Salary
$95,000 yearly
$33.93 hourly
Updated July 28, 2021
$72,000
10 %
$95,000
Median
$124,000
90 %
Life insurance agents in the United States make an average salary of $95,000 per year or $45.67 per hour. People on the lower end of that spectrum, the bottom 10% to be exact, make roughly $72,000 a year, while the top 10% makes $124,000. As most things go, location can be critical. Massachusetts, New Hampshire, New York, Wisconsin, and Connecticut provide the highest life insurance agent salaries.

Average Life Insurance Agent Salary By State

The darker areas on the map show where life insurance agents earn the highest salaries across all 50 states.

Average Salary

Life Insurance Agent average salary by State

StateascdescAvg. salaryascdescHourly rateascdesc
Alabama
Alabama
$81,885
$81,885
$39.37
$39.37
Alaska
Alaska
$87,735
$87,735
$42.18
$42.18
Arizona
Arizona
$69,274
$69,274
$33.30
$33.30
Arkansas
Arkansas
$70,397
$70,397
$33.84
$33.84
California
California
$69,196
$69,196
$33.27
$33.27
Colorado
Colorado
$83,753
$83,753
$40.27
$40.27
Connecticut
Connecticut
$90,370
$90,370
$43.45
$43.45
Delaware
Delaware
$84,687
$84,687
$40.71
$40.71
District of Columbia
District of Columbia
$81,744
$81,744
$39.30
$39.30
Florida
Florida
$63,426
$63,426
$30.49
$30.49
Georgia
Georgia
$66,075
$66,075
$31.77
$31.77
Hawaii
Hawaii
$83,791
$83,791
$40.28
$40.28
Idaho
Idaho
$76,234
$76,234
$36.65
$36.65
Illinois
Illinois
$83,417
$83,417
$40.10
$40.10
Indiana
Indiana
$82,088
$82,088
$39.47
$39.47
Iowa
Iowa
$77,677
$77,677
$37.34
$37.34
Kansas
Kansas
$73,995
$73,995
$35.57
$35.57
Kentucky
Kentucky
$80,632
$80,632
$38.77
$38.77
Louisiana
Louisiana
$65,521
$65,521
$31.50
$31.50
Maine
Maine
$83,592
$83,592
$40.19
$40.19
Maryland
Maryland
$81,319
$81,319
$39.10
$39.10
Massachusetts
Massachusetts
$102,024
$102,024
$49.05
$49.05
Michigan
Michigan
$71,580
$71,580
$34.41
$34.41
Minnesota
Minnesota
$78,871
$78,871
$37.92
$37.92
Mississippi
Mississippi
$68,701
$68,701
$33.03
$33.03
Missouri
Missouri
$63,623
$63,623
$30.59
$30.59
Montana
Montana
$79,766
$79,766
$38.35
$38.35
Nebraska
Nebraska
$89,046
$89,046
$42.81
$42.81
Nevada
Nevada
$75,331
$75,331
$36.22
$36.22
New Hampshire
New Hampshire
$94,481
$94,481
$45.42
$45.42
New Jersey
New Jersey
$85,685
$85,685
$41.19
$41.19
New Mexico
New Mexico
$62,223
$62,223
$29.91
$29.91
New York
New York
$92,713
$92,713
$44.57
$44.57
North Carolina
North Carolina
$78,565
$78,565
$37.77
$37.77
North Dakota
North Dakota
$83,869
$83,869
$40.32
$40.32
Ohio
Ohio
$79,782
$79,782
$38.36
$38.36
Oklahoma
Oklahoma
$66,818
$66,818
$32.12
$32.12
Oregon
Oregon
$80,619
$80,619
$38.76
$38.76
Pennsylvania
Pennsylvania
$82,337
$82,337
$39.59
$39.59
Rhode Island
Rhode Island
$86,174
$86,174
$41.43
$41.43
South Carolina
South Carolina
$71,264
$71,264
$34.26
$34.26
South Dakota
South Dakota
$82,935
$82,935
$39.87
$39.87
Tennessee
Tennessee
$76,250
$76,250
$36.66
$36.66
Texas
Texas
$57,009
$57,009
$27.41
$27.41
Utah
Utah
$71,985
$71,985
$34.61
$34.61
Vermont
Vermont
$88,773
$88,773
$42.68
$42.68
Virginia
Virginia
$78,271
$78,271
$37.63
$37.63
Washington
Washington
$83,193
$83,193
$40.00
$40.00
West Virginia
West Virginia
$69,485
$69,485
$33.41
$33.41
Wisconsin
Wisconsin
$91,959
$91,959
$44.21
$44.21
Wyoming
Wyoming
$81,445
$81,445
$39.16
$39.16

Highest Paying Cities For Life Insurance Agent

0 selections
CityascdescAvg. salaryascdescHourly rateascdesc
New York, NY
New York, NY
$92,907
$92,907
$44.67
$44.67
Milwaukee, WI
Milwaukee, WI
$91,952
$91,952
$44.21
$44.21
Omaha, NE
Omaha, NE
$89,043
$89,043
$42.81
$42.81
Burlington, VT
Burlington, VT
$88,454
$88,454
$42.53
$42.53
Anchorage, AK
Anchorage, AK
$87,719
$87,719
$42.17
$42.17
Providence, RI
Providence, RI
$86,247
$86,247
$41.46
$41.46

The largest raises come from changing jobs.

See what's out there.

Average Life Insurance Agent Salary Over Time

Compare salaries for individual cities or states with the national average.

Location

    Average JOB Salary by Field

    Sales Producer

    Avg. salary: $83,768

    A sales producer is responsible for performing sales calls and administering all leads. You will be responsible for preparing the policies aimed at sales procedures and developing the necessary sales documents. Other responsibilities include making sure that all sales personnel adhere to all policies and procedures, coordinating with customers about policy expiration dates, and maintaining strong and long-lasting relationships with customers. As a sales producer, you will be responsible for managing prospective sale campaigns and managing all correspondence with both prospective and existing clients.
    28,523 Sales Producer Jobs
    Agent

    Avg. salary: $35,013

    Agents are individuals who are employed by their clients to represent them in various dealings. Agents are usually employed by people in the show business industry, such as actors, writers, or directors. They meet people who are interested in dealing with their clients. They listen to the plans and vision for the project and assess if the project fits their clients' interests or public image. In the case of agents whose clients are actors, they send their clients to auditions upon review of the project details. Agents are also responsible for negotiating terms on behalf of their clients, such as salary, royalties, and set benefits, among others. They also inform the project leaders of their clients' demands on set. Agents are expected to be business-savvy and good negotiators.
    113,543 Agent Jobs
    Marketing Agent

    Avg. salary: $47,213

    A marketing agency is responsible for selling the company's goods and services, identifying promotional techniques to boost brand awareness in the market, and strategizing in increasing sales targets. Marketing agents identify business opportunities by analyzing market trends and public demands that would generate more revenue resources and increase the company's profitability. They also negotiate with potential clients for partnerships, respond to their inquiries and concerns, and address their requests. A marketing agent handles the development of marketing materials, including a budget allocation to support marketing functions and business requirements.
    74,313 Marketing Agent Jobs
    Field Agent

    Avg. salary: $28,421

    Field agents are the ones who work and do their job not inside the four corners of the office; instead, they do the assigned task outside. They often are expected to have good communication skills so that they can get a response from the most unwilling person in the area. Besides, they must also possess good character traits and professionalism to effectively address higher-up's concerns. As the man on the field, they provide customer support more effectively.
    72,508 Field Agent Jobs
    Insurance Sales Representative

    Avg. salary: $72,940

    An insurance sales representative is primarily responsible for securing insurance sales by reaching out to clients through calls, correspondence, and even appointments. They are also responsible for gathering client information, discussing and recommending suitable terms, and even providing advice to meet their needs, all while building rapport to ensure customer satisfaction. There are also instances where they have to adjust existing terms, assist in filling out applications, and produce progress reports. Furthermore, it is essential to devise strategies to find new sales opportunities, as most insurance sales representatives must reach a particular sales target.
    115,691 Insurance Sales Representative Jobs
    Geek Squad Agent

    Avg. salary: $30,978

    A geek squad agent specializes in providing various computer services such as technical and maintenance support. Their responsibilities typically revolve around communicating with clients through calls or correspondence, troubleshooting, and helping them navigate through complex operations. They may also offer products and services, process payments, arrange store appointments, perform regular maintenance checks, and provide cost estimates to clients. Furthermore, as a geek squad agent, it is essential to coordinate with staff and report sales progress or concerns to managers or supervisors.
    26,018 Geek Squad Agent Jobs

    Life Insurance Agent Salaries By Years Of Experience

    The salary for a life insurance agent can vary depending on the years of experience that a person has, from entry level to senior level. Data on how experience level affects total compensation is provided by the Bureau of Labor Statistics (BLS) as part of their National Compensation Survey, which is based on factors such as knowledge, complexity, contacts, and environment.

    Which Companies Pay Life Insurance Agents The Most?

    If you want to get paid the most as a life insurance agent, being employed by a company such as USI Insurance Services or Assurance would be a smart choice, as they are the highest paying companies in this field. Additionally, companies like National Agents Alliance and Walgreens Boots Alliance also report highly competitive salaries for life insurance agents.
    Company

    Recently Added Life Insurance Agent Salaries

    Location
    CompanyascdescJobascdescLocationascdescDate AddedascdescSalaryascdesc
    Licensed Life Insurance Agent-Remote Life Agent Opportunity (License Required)
    Licensed Life Insurance Agent-Remote Life Agent Opportunity (License Required)
    Burlington, VT
    Burlington, VT
    06/30/2021
    06/30/2021
    $61,100
    $61,100
    06/30/2021
    Licensed Life Insurance Agent-Remote Life Agent Opportunity (License Required)
    Licensed Life Insurance Agent-Remote Life Agent Opportunity (License Required)
    Portland, ME
    Portland, ME
    06/30/2021
    06/30/2021
    $61,100
    $61,100
    06/30/2021
    Licensed Life Insurance Agent-Remote Life Agent Opportunity (License Required)
    Licensed Life Insurance Agent-Remote Life Agent Opportunity (License Required)
    Providence, RI
    Providence, RI
    06/30/2021
    06/30/2021
    $61,100
    $61,100
    06/30/2021
    Licensed Life Insurance Agent-Remote, Flexible Schedule (License Required)
    Licensed Life Insurance Agent-Remote, Flexible Schedule (License Required)
    Bayamn, PR
    Bayamn, PR
    06/30/2021
    06/30/2021
    $61,100
    $61,100
    06/30/2021
    Licensed Life Insurance Agent-Remote Life Agent Opportunity (License Required)
    Licensed Life Insurance Agent-Remote Life Agent Opportunity (License Required)
    Derry, NH
    Derry, NH
    06/30/2021
    06/30/2021
    $61,100
    $61,100
    06/30/2021
    Amanda Hagood State Farm
    Amanda Hagood State Farm
    Insurance Agent: Life Insurance Specialist, Inbook Service and Front Desk
    Insurance Agent: Life Insurance Specialist, Inbook Service and Front Desk
    Insurance Agent: Life Insurance Specialist, Inbook Service and Front Desk
    Raleigh, NC
    Raleigh, NC
    06/29/2021
    06/29/2021
    $55,000
    $55,000
    06/29/2021
    Licensed Life Insurance Agent-Remote Life Agent Opportunity (License Required)
    Licensed Life Insurance Agent-Remote Life Agent Opportunity (License Required)
    Boston, MA
    Boston, MA
    06/29/2021
    06/29/2021
    $61,100
    $61,100
    06/29/2021
    Jared Dean-State Farm Agent
    Jared Dean-State Farm Agent
    Life Insurance Position-State Farm Agent Team Member
    Life Insurance Position-State Farm Agent Team Member
    Life Insurance Position-State Farm Agent Team Member
    Portland, OR
    Portland, OR
    06/29/2021
    06/29/2021
    $40,000
    $40,000
    06/29/2021
    Family First Life West Coast
    Family First Life West Coast
    Life Insurance Agent ONE
    Life Insurance Agent ONE
    Life Insurance Agent ONE
    Nashville, TN
    Nashville, TN
    06/29/2021
    06/29/2021
    $122,000
    $122,000
    06/29/2021
    Family First Life Agent Force
    Family First Life Agent Force
    Independent Life Insurance Agent
    Independent Life Insurance Agent
    Independent Life Insurance Agent
    Boston, MA
    Boston, MA
    06/27/2021
    06/27/2021
    $240,000
    $240,000
    06/27/2021

    Average Life Insurance Agent Salary by Demographic

    Life Insurance Agent Gender Pay Gap

    male-income
    Male Income
    $102,684
    female-income
    Female Income
    $94,819
    Median Life Insurance Agent Income by Race
    White life insurance agents have the highest average salary compared to other ethnicities. Black or african american life insurance agents have the lowest average salary at $94,601.
    $105,000
    $103,000
    $101,000
    $99,000
    $97,000
    $95,000
    $93,000
    White
    Black or African American
    Asian
    Unknown
    Hispanic or Latino
    Ethnicityascdesc
    Salaryascdesc
    White$103,448
    Black or African American$94,601
    Asian$99,698
    Unknown$97,975
    Hispanic or Latino$98,035
    Average Life Insurance Agent Salary by Education Level
    Life insurance agents with a Bachelors degree earn more than those without, at $108,286 annually. With a Masters degree, life insurance agents earn a median annual income of $107,485 compared to $95,065 for life insurance agents with an High School Diploma degree.
    $110,000
    $107,000
    $104,000
    $101,000
    $98,000
    $95,000
    $92,000
    High School Diploma or Less
    Some College/ Associate Degree
    Bachelor's Degree
    Master's Degree
    Educationascdesc
    Salaryascdesc
    High School Diploma or Less$95,065
    Some College/ Associate Degree$94,819
    Bachelor's Degree$108,286
    Master's Degree$107,485