What type of insurance agent gets paid the most?
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 does a life insurance agent make in Washington state?
As of Oct 24, 2022, the average annual pay for a LIFE Insurance Agent in Seattle is $92,144 a year.
How much does someone who works at an insurance company make?
According to the U.S. Bureau of Labor Statistics, an insurance agent makes an average of $50,600 per year as of 2018. The position's pay can vary drastically, with the lowest 10% earning less than $27,500, and the highest 10% earning more than $125,610.
Can you make a lot of money as a life insurance agent?
Like any profession, it takes time to gain experience and build up your income. With that said, the top life insurance agents earn over $100,000 per year. Many make a lot more than that! You can expect to earn $2,000-5,000 per month starting out.
Is it hard to make money as a life insurance agent?
The career of a life insurance agent is lucrative but involves constant hustling, networking, and many instances of rejection before a sale is ever made. Life insurance agents might be given a small salary to get started but are otherwise primarily dependent on commissions to make a living.
What type of insurance agent gets paid the most?
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.
Is selling life insurance a good career opportunity?
Life insurance agents do a lot of selling, and life insurance policy commission percentages are high compared to those of other types of insurance. In addition, life insurance agents get paid commission renewals for as long as a sold policy is in force.