Salary for Insurance Sales Agents

Also known as:  Health Insurance Sales Agent, Insurance Agent, Insurance Broker, Life Insurance Agent, Life Insurance Salesperson, Pension Agent

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Insurance sales agents market and reach out to clients in an effort to sell and provide a variety of insurance policies. Policies may include health, property, casualty, automotive or home coverage that could aid businesses and individuals alike. Insurance sales agents work between policy holders and company management to determine plans that meet client needs, interests and budgets. They aide clients in calculating policy estimates and maintain detailed records of all policy transactions. They quickly and efficiently answer client questions concerning policies, comparisons and scenarios leading to the need for insurance coverage. In general, a four year university degree is required for employment in this professional post.

An Insurance Sales Agent receives a compensation in a range of 48000 to 72000 based on seniority. Insurance Sales Agents earn a pay level of Sixty Two Thousand Six Hundred dollars annually.

Insurance Sales Agents can get the best pay in Rhode Island, where they receive an average job salary of approximately $80280. This group of people can make the most money in Health Care and Social Assistance, where they can receive average pay levels of $67820.

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The national wage distribution is shown below. To overlay local salaries for an Insurance Sales Agent, please select your state.
ANNUAL SALARY
HOURLY RATE
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SALARY TREND
The annual compensation for this career has gone up since 2004. Salaries have increased by an average of 12.34 percent nationwide in that time.
INDUSTRIES
Insurance Sales Agents tend to make the most in the following industries
Information $67,820
Health Care and Social Assistance $67,270
Finance and Insurance $62,680
Professional, Scientific, and Technical Services $60,460
Educational Services $58,510
Real Estate and Rental and Leasing $58,170
In general, they earn less within the industries below
Wholesale Trade $34,630
Other Services (except Public Administration) $48,320
Public Administration $48,460
Retail Trade $53,550
Administrative, Support and Waste Management Services $55,110
Real Estate and Rental and Leasing $58,170
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