How Much Does a Life Insurance Agent Make Per Year? Average Life Insurance Agent Salary

Life insurance agents make their earnings in the form of commission. The commission varies depending on the number of life insurance policies the agent sells and also the pattern of commission offered by their firm. There are different types of life insurance policies such as term life insurance and cash-value life insurance. They provide relevant information about various policies to the clients to enable them to select the best choice for them. It is mandatory to possess a license from the state after passing a test to become eligible to work as a life insurance agent. The average life insurance agent salary is $40,000.