What is the most profitable insurance to sell?
While there are many kinds of insurance (ranging from auto insurance to health insurance), the most lucrative career in the insurance field is for those selling life insurance.
Who is the highest paid life insurance agent?
A record he has maintained over the last 12-14 years, selling 700 policies yearly. What's equally impressive is that Gideon failed in the 10th standard and never went to college. Yet today, he is the highest-earning insurance agent in the world.
How much do top life insurance agents make?
While ZipRecruiter is seeing annual salaries as high as $152,500 and as low as $20,500, the majority of LIFE Insurance Agent salaries currently range between $55,500 (25th percentile) to $100,000 (75th percentile) with top earners (90th percentile) making $120,000 annually across the United States.
What do top insurance salesmen make?
Insurance Sales Agents made a median salary of $52,180 in 2020. The best-paid 25 percent made $79,200 that year, while the lowest-paid 25 percent made $37,590.
Who is the highest paid insurance agent?
He earns an annual commission amounting to $70 million. A record he has maintained over the last 12-14 years, selling 700 policies yearly. What's equally impressive is that Gideon failed in the 10th standard and never went to college.
How hard is it to be successful in insurance sales?
Insurance sales jobs are highly stressful with little pay guarantee and is an industry with a high quit rate. To be successful in the industry, new agents should understand the skills and attributes that are common among top producers.
How can I get better at selling insurance?
- Find your niche. Insurance agents often want to be all things to all people, but niche marketing may be the better strategy to increasing your insurance sales. …
- Network in your community. …
- Prospect every day. …
- Partner with other professionals. …
- Nurture your leads.
Which insurance agent makes the most money?
While there are many kinds of insurance (ranging from auto insurance to health insurance), the most lucrative career in the insurance field is for those selling life insurance.
How much do top life insurance agents make?
While ZipRecruiter is seeing annual salaries as high as $152,500 and as low as $20,500, the majority of LIFE Insurance Agent salaries currently range between $55,500 (25th percentile) to $100,000 (75th percentile) with top earners (90th percentile) making $120,000 annually across the United States.
Who is the most successful life insurance agent?
Ben Feldman (1912–1993) perfected a series of techniques for selling life insurance that earned him a place in the Guinness Book of World Records as the most outstanding salesman in history.