What Does The Average Life Insurance Agent Make?

  1. 3998 POINTS
    Matt Benore
    Founder, DenverWest Insurance Professionals, Inc.,
    First you have to define what an Average Life Insurance Agent or Broker is.  I consider Average to be someone who has been in the business for about 5 years, has their niche set and devotes his(her) time to their business, their career.  That being said, I see "average" agents (brokers) netting approximately $65k per year.
    Answered on February 25, 2014
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  2. 21750 POINTS
    Jim Winkler
    CEO/Owner, Winkler Financial Group, Houston, Texas
    That is an excellent question! The answer will depend upon the agent. If you are looking for a career in the insurance industry, there are a couple of things that you should know. You can make a great living, if you have the following traits: A thick skin, (there is a lot of rejection) a genuine desire to help your clients ( if they sense that you are looking at them like they are this month's rent, you've lost the sale and you don't know it yet), and a great drive to be out in the field working. If you are looking for a steady paycheck kind of job, unless you are always on the go, and very good at sales, this isn't that kind of career. There will be good months, and  some not so good months. The company that you work for, and the commission that you earn for their policy types will also play a big part in your earnings. If you would like some more insight, please drop me a line, I'd be happy to discuss this with you. Thanks for asking!
    Answered on May 13, 2014
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