Insurance Agent
Annual salary range
₹0.5 Lakh - ₹4.5 Lakhs
Very High Confidence 
Very High Confidence means the data is based on a large number of latest salaries.
Filter salaries byInsurance Agent Salary in Financial Services in India
based on 196
latest salaries
• updated:
31 Jan 2025
Select an experience to get the exact salary
Salary of majority employees
Experience wise Insurance Agent salaries
| Years of experience | Avg. Annual Salary |
|---|---|
Fresher
(40
salaries)
|  ₹0.3 L/yr - ₹3.2 L/yr |
1
year
(45
salaries)
| ₹0.6 L/yr - ₹4.2 L/yr |
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| |
2
years
(45
salaries)
| ₹0.4 L/yr - ₹4.5 L/yr |
3
years
(28
salaries)
| ₹1 L/yr - ₹4.5 L/yr |
4
years
(9
salaries)
| ₹1.5 L/yr - ₹4 L/yr |
View all salaries by experience
Insurance Agent Salary in
India ranges between ₹0.5
Lakh to ₹4.5
Lakhs for
less than 1 year of experience to 8 years of experience
. Salary estimates are based on
196 latest salaries received
from Insurance Agent.
See latest salaries
Insurance Agent salaries in different departments
| Department | Avg Annual Salary |
|---|---|
BFSI, Investments & Trading
Insurance Agent Salary
0 - 6
years
exp.
(27
salaries)
| ₹0.6 L/yr - ₹4 L/yr |
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| |
Sales & Business Development
Insurance Agent Salary
0 - 7
years
exp.
(22
salaries)
| ₹1 L/yr - ₹4 L/yr |
View all departments salaries
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Popular companies
Jobs
available
Similar designations
Salary related reviews
Top interview questions
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
| Company Name | Avg Annual Salary | Open Jobs |
|---|---|---|
2 -
3
yrs
exp.
(AmbitionBox Estimate)
|
₹2.3 L/yr - ₹2.9 L/yr | |
6 -
8
yrs
exp.
(AmbitionBox Estimate)
|
₹1.6 L/yr - ₹2.1 L/yr | |
Login to view exact salary
| ||
0 -
1
yrs
exp.
(AmbitionBox Estimate)
|
₹1.1 L/yr - ₹1.4 L/yr | |
5 -
6
yrs
exp.
(AmbitionBox Estimate)
|
₹3.6 L/yr - ₹4.6 L/yr | |
0 -
3
yrs
exp.
(AmbitionBox Estimate)
|
₹2.4 L/yr - ₹3 L/yr | |
10 -
11
yrs
exp.
(AmbitionBox Estimate)
|
₹4.5 L/yr - ₹5.8 L/yr | |
1 -
3
yrs
exp.
(AmbitionBox Estimate)
|
₹1.6 L/yr - ₹2.1 L/yr | |
8 yrs
exp.
(AmbitionBox Estimate)
|
₹1.4 L/yr - ₹1.7 L/yr | |
Login to view exact salary
| ||
3 yrs
exp.
(AmbitionBox Estimate)
|
₹2.6 L/yr - ₹3.3 L/yr | |
11 yrs
exp.
(AmbitionBox Estimate)
|
₹1.8 L/yr - ₹2.2 L/yr | |
Insurance Agent Jobs in India
Insurance Agent
· 12-20 years
Kotak Life Insurance APC
Noida
Insurance Agent
· 2-7 years
Monalisa Constructions
₹1
L/yr
- ₹2.5
L/yr
Vasai-Virar
Similar Designation Salaries for Insurance Agent
| Designations | Avg Annual Salary |
|---|---|
Insurance Executive Salary
1 -
7
years
exp.
(644 salaries)
| ₹1.3 L/yr - ₹4.5 L/yr |
LIC Agent Salary
0 -
11
years
exp.
(299 salaries)
| ₹0.7 L/yr - ₹5 L/yr |
Login to view exact salary
| |
Agent Salary
0 -
4
years
exp.
(524 salaries)
| ₹1 L/yr - ₹5.2 L/yr |
Life Insurance Advisor Salary
0 -
9
years
exp.
(247 salaries)
| ₹1.1 L/yr - ₹5 L/yr |
Manager Salary
4 -
16
years
exp.
(77.4k salaries)
| ₹5 L/yr - ₹25 L/yr |
View more similar designations
Salary related reviews by similar designations like Insurance Agent
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
LIC Agent
• posted on 24 May 2018
Likes
The company is open to innovation and readily adopts latest technology
- Skill development - Good
Dislikes
Compensation is decent, but growth is slow
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 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.
| ₹1 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 In Other Industries
| Industries | Avg Annual Salary |
|---|---|
Insurance
Insurance Agent
0 -
6
years
exp.
| ₹0.7 L/yr - ₹4.5 L/yr |
Banking / Insurance / Accounting
Insurance Agent
0 -
6
years
exp.
| ₹0.5 L/yr - ₹4 L/yr |
Login to view exact salary
| |
Internet
Insurance Agent
0 -
8
years
exp.
| ₹1 L/yr - ₹4.1 L/yr |
BPO
Insurance Agent
0 -
4
years
exp.
| ₹0.1 L/yr - ₹3.5 L/yr |
IT Services & Consulting
Insurance Agent
0 -
8
years
exp.
| ₹1.2 L/yr - ₹3 L/yr |
View More
Frequently Asked Questions about Insurance Agent Salaries
What is the salary of a Insurance Agent in India?
Salary for a Insurance Agent in India ranges between ₹0.5 Lakh to ₹4.5 Lakhs per year. Salary estimates are based on 196 latest salaries received from various Insurance Agents across industries.
What is the starting salary for a Insurance Agent in India?
Average starting Salary for Insurance Agent in India is around ₹0.5 Lakh per year (₹4.2k per month). No prior experience is required to be a Insurance Agent.
What is the highest salary for a Insurance Agent in India?
Highest salary that a Insurance Agent can earn is ₹5.0 Lakhs per year (₹41.7k per month).
What are the top paying industries for Insurance Agent in India?
- Financial Services - ₹0.3 Lakhs to 6.0 Lakhs per year
- Insurance - ₹0.1 Lakhs to 20.0 Lakhs per year
- Internet - ₹1.0 Lakhs to 5.0 Lakhs per year
- BPO - ₹0.1 Lakhs to 3.5 Lakhs per year
- Automobile - ₹0.2 Lakhs to 5.0 Lakhs per year
What are the top paying cities for Insurance Agent in India?
- New Delhi - ₹0.3 Lakhs to 6.5 Lakhs per year
- Hyderabad / Secunderabad - ₹1.5 Lakhs to 4.0 Lakhs per year
- Mumbai - ₹0.4 Lakhs to 6.0 Lakhs per year
- Ahmedabad - ₹0.6 Lakhs to 4.5 Lakhs per year
- Kolkata - ₹0.4 Lakhs to 4.0 Lakhs per year
What are the popular/top skills required to become a Insurance Agent?
These are the top skills of a Insurance Agent based on 2 jobs posted by employers.
- Communication Skills
- Business Development
- Insurance Sales
- Life Insurance
- Sales and Marketing
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