Insurance Agent
Annual salary range
₹0.3 Lakh - ₹4.5 Lakhs
Very High Confidence 
Very High Confidence means the data is based on a large number of latest salaries.
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Filter salaries byInsurance Agent Salary in India (Updated 2025)
based on 395
latest salaries
• updated:
21 Mar 2025
Select an experience to get the exact salary
Salary of majority employees
Insurance Agent Salary in India ranges between ₹0.3 Lakh to ₹4.5 Lakhs for less than 1 year of experience to 9 years of experience. Salary estimates are based on 395 latest salaries received from Insurance...
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Top paying companies
Popular companies
Latest annual salaries
Salaries by experience
Jobs
available
Similar designations
Salary related reviews
Top interview questions
| Company Name | Avg. annual salary | Open Jobs |
|---|---|---|
0 -
9
yrs
exp.
(50 salaries)
|
₹0.6 L/yr - ₹5 L/yr | |
0 -
3
yrs
exp.
(10 salaries)
|
₹1.1 L/yr - ₹3 L/yr | |
Login to view exact salary
| ||
0 -
7
yrs
exp.
(10 salaries)
|
₹1.2 L/yr - ₹3.5 L/yr | |
0 -
4
yrs
exp.
(9 salaries)
|
₹2 L/yr - ₹3 L/yr | |
0 -
1
yrs
exp.
(9 salaries)
|
₹1.2 L/yr - ₹3 L/yr | |
0 -
6
yrs
exp.
(7 salaries)
|
₹1 L/yr - ₹3 L/yr | |
0 -
3
yrs
exp.
(6 salaries)
|
₹1.2 L/yr - ₹6.5 L/yr | |
0 -
10
yrs
exp.
(6 salaries)
|
₹2.4 L/yr - ₹3.5 L/yr | |
Login to view exact salary
| ||
0 -
5
yrs
exp.
(6 salaries)
|
₹2.2 L/yr - ₹5 L/yr | |
0 -
3
yrs
exp.
(6 salaries)
|
₹1 L/yr - ₹1.8 L/yr | |
Latest annual salaries shared by Insurance Agents
4d ago
Turtlemint
Insurance Agent
3 years exp.
1w ago
Concentrix Corporation
Insurance Agent
1 year exp.
1w ago
Genpact
Insurance Agent
3 years exp.
1w ago
Aditya Birla Sun Life Insurance
Insurance Agent
1 year exp.
2w ago
Life Insurance Corporation of India
Insurance Agent
2 years exp.
2w ago
Tata Motors Insurance Broking And Advisory Services
Insurance Agent
2 years exp.
2w ago
Life Insurance Corporation of India
Insurance Agent
1 year exp.
2w ago
Tvs Insurance Broking
Insurance Agent
3 years exp.
2w ago
ICICI Lombard General Insurance Company
Insurance Agent
2 years exp.
4w ago
Reliance Nippon Life Insurance
Insurance Agent
2 years exp.
View all latest salaries
Insurance Agent salaries by
| Years of experience | Avg. annual salary |
|---|---|
Fresher
(89
salaries)
|  ₹0.2 L/yr - ₹3.6 L/yr |
1
year
(100
salaries)
| ₹0.5 L/yr - ₹4 L/yr |
Login to view exact salary
| |
2
years
(85
salaries)
| ₹0.4 L/yr - ₹4.5 L/yr |
3
years
(50
salaries)
| ₹0.4 L/yr - ₹5 L/yr |
4
years
(19
salaries)
| ₹1.5 L/yr - ₹4 L/yr |
View all salaries by experience
Insurance Agent Jobs in India
Insurance Agent
· 1-5 years
Monalisa Constructions
₹1
L/yr
- ₹2.5
L/yr
Mumbai
Similar Designation Salary
| Similar Designation | Avg. annual salary |
|---|---|
Insurance Executive Salary
1 -
7
years
exp.
(2.9k salaries)
| ₹1 L/yr - ₹4.4 L/yr |
LIC Agent Salary
0 -
10
years
exp.
(439 salaries)
| ₹0.5 L/yr - ₹5.2 L/yr |
Login to view exact salary
| |
Agent Salary
0 -
4
years
exp.
(5.1k salaries)
| ₹1 L/yr - ₹4.2 L/yr |
Manager Salary
4 -
16
years
exp.
(3.2L salaries)
| ₹4 L/yr - ₹31.9 L/yr |
Life Insurance Advisor Salary
0 -
8
years
exp.
(337 salaries)
| ₹1 L/yr - ₹6 L/yr |
View more similar designations
Salary related reviews by similar designations like Insurance Agent
Life Insurance Corporation of India
LIC Agent
• posted on 30 Oct 2018
Likes
Good commission and bonus and received on time
- Salary - Excellent
+6 more
Dislikes
Do commission is also very high so please reduce it and this benefit is given to policy holder
Life Insurance Corporation of India
LIC Agent
• posted on 23 Dec 2020
Likes
...nvironment.Teammates are supportive and management are friendly and transparent. Company policies are good, appraisals are good and they give bonus every year.
read more- Salary - Excellent
+6 more
Life Insurance Corporation of India
LIC Agent
• posted on 13 Oct 2023
Likes
You are always thinking about the lic customers and give importance to the customers and immediately settlement option after policy maturity.l like that
read more- Salary - Good
+6 more
Dislikes
...es and more benefits from mutual fund.So many people thinking this long period . some people I loss my money from lic ,we have to pay two years but they are not giving back my money.this is my survey till now.
read moreLife Insurance Corporation of India
Life Insurance Advisor
• posted on 25 Feb 2019
Likes
In this company life insurance adviser is a primary post based on commission . The company can not give a salary. Agent will sale a policy .Then he will earn commission amount. It's depend on sale of policy what will be earn per day .Per month per year.
read more- Salary - Good
+1 more
Dislikes
I don't know
Life Insurance Corporation of India
LIC Agent
• posted on 23 Feb 2021
Likes
...upportive teammates. There is a huge cafe. And also gaming arcade for chilling. Company policies are good, appraisals are fàir and they give good salary hike and bonus every year.
read more- Salary - Excellent
+6 more
Dislikes
Only slow career growth and no pension for agents.
Top skills for Insurance Agent
Insurance Agent Salary By Locations
| Locations | Avg. annual salary |
|---|---|
New Delhi
Insurance Agent
0 -
6
years
exp.
| ₹1 L/yr - ₹5 L/yr |
Mumbai
Insurance Agent
0 -
4
years
exp.
| ₹0.4 L/yr - ₹3.5 L/yr |
Login to view exact salary
| |
Hyderabad / Secunderabad
Insurance Agent
0 -
6
years
exp.
| ₹1.5 L/yr - ₹4.3 L/yr |
Kolkata
Insurance Agent
0 -
6
years
exp.
| ₹0.4 L/yr - ₹4 L/yr |
Bangalore / Bengaluru
Insurance Agent
0 -
6
years
exp.
| ₹1.1 L/yr - ₹3 L/yr |
View More
Insurance Agent Salary By Industries
| Industries | Avg. annual salary |
|---|---|
Financial Services Insurance Agent
0 -
8
years
exp.
| ₹0.6 L/yr - ₹4.5 L/yr |
Insurance Insurance Agent
0 -
6
years
exp.
| ₹0.7 L/yr - ₹4.5 L/yr |
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| |
Banking / Insurance / Accounting Insurance Agent
0 -
6
years
exp.
| ₹0.6 L/yr - ₹4 L/yr |
Internet Insurance Agent
0 -
8
years
exp.
| ₹1 L/yr - ₹4.5 L/yr |
BPO Insurance Agent
0 -
4
years
exp.
| ₹0.1 L/yr - ₹3.5 L/yr |
View More
Frequently Asked Questions (FAQS) about Insurance Agent Salaries
What is the salary of a Insurance Agent in India?
The salary of a Insurance Agent in India varies based on experience, location, company & Industry.
On average, Insurance Agent salaries ranges from ₹0.3 Lakh to ₹4.5 Lakhs per year. Top companies and specialized roles may offer higher compensation.
The average starting salary is around ₹0.3 Lakh to ₹4.5 Lakhs per year, with the highest salary reaching ₹0.6 Lakh to ₹4.0 Lakhs per year. Salary estimates are based on 395 salaries received from various Insurance Agents across industries.
The average starting salary is around ₹0.3 Lakh to ₹4.5 Lakhs per year, with the highest salary reaching ₹0.6 Lakh to ₹4.0 Lakhs per year. Salary estimates are based on 395 salaries received from various Insurance Agents across industries.
What are the top paying cities for Insurance Agent in India?
The annual salary for Insurance Agent in India varies by location. Top paying cities for Insurance Agent are
Salary expectations for Insurance Agent may vary based on job roles, experience, and specific employer requirements.
| Insurance Agent Salary in New Delhi | ₹1.0 Lakhs to ₹5.0 Lakhs per year |
| Insurance Agent Salary in Mumbai | ₹0.4 Lakhs to ₹3.5 Lakhs per year |
| Insurance Agent Salary in Hyderabad / Secunderabad | ₹1.5 Lakhs to ₹4.3 Lakhs per year |
| Insurance Agent Salary in Kolkata | ₹0.4 Lakhs to ₹4.0 Lakhs per year |
| Insurance Agent Salary in Bangalore / Bengaluru | ₹1.1 Lakhs to ₹3.0 Lakhs per year |
What are the top paying industries for Insurance Agent in India?
Top 5 paying Industries for Insurance Agent in India are:
| Insurance Agent Salary in Financial Services | ₹0.6 Lakhs to ₹4.5 Lakhs per year |
| Insurance Agent Salary in Insurance | ₹0.7 Lakhs to ₹4.5 Lakhs per year |
| Insurance Agent Salary in Banking / Insurance / Accounting | ₹0.6 Lakhs to ₹4.0 Lakhs per year |
| Insurance Agent Salary in Internet | ₹1.0 Lakhs to ₹4.5 Lakhs per year |
| Insurance Agent Salary in BPO | ₹0.1 Lakhs to ₹3.5 Lakhs per year |
What are the fresher salaries as Insurance Agent?
Fresher salaries for Insurance Agent in India typically range from ₹0.2 Lakhs to ₹3.6 Lakhs per year, depending on the company, location, and skill set. Fresher salaries are generally higher in IT Industry than in other Industries in India.
How does experience affect salaries of a Insurance Agent in India?
Experience significantly impacts a Insurance Agent salary in India. Salaries increase with experience, as Insurance Agent take on more complex tasks, responsibilities, and leadership roles.
Insurance Agent salary at different experience level are as follows:
and so on.
| Experience | Average Salary Range |
|---|---|
| Fresher | ₹0.2 Lakhs to ₹3.6 Lakhs per year |
| 1 year | ₹0.5 Lakhs to ₹4.0 Lakhs per year |
| 2 years | ₹0.4 Lakhs to ₹4.5 Lakhs per year |
| 3 years | ₹0.4 Lakhs to ₹5.0 Lakhs per year |
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