Insurance Agent

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Insurance Agent Salary in India (Updated 2025)

based on 392 latest salaries • updated: 19 Mar 2025
Select an experience to get the exact salary

Annual salary range

₹0.3 Lakh - ₹4.5 Lakhs

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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 392 latest salaries received from Insurance... Read More
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Latest annual salaries shared by Insurance Agents

4d ago

Turtlemint

Insurance Agent

3 years exp.

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1w ago

Concentrix Corporation

Insurance Agent

1 year exp.

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1w ago

Genpact

Insurance Agent

3 years exp.

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1w ago

Aditya Birla Sun Life Insurance

Insurance Agent

1 year exp.

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2w ago

Life Insurance Corporation of India

Insurance Agent

2 years exp.

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2w ago

Tata Motors Insurance Broking And Advisory Services

Insurance Agent

2 years exp.

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2w ago

Life Insurance Corporation of India

Insurance Agent

1 year exp.

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2w ago

Tvs Insurance Broking

Insurance Agent

3 years exp.

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2w ago

ICICI Lombard General Insurance Company

Insurance Agent

2 years exp.

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4w ago

Reliance Nippon Life Insurance

Insurance Agent

2 years exp.

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Insurance Agent salaries by

Years of experience Avg. annual salary
Fresher
(89 salaries)
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₹0.2 L/yr - ₹3.6 L/yr

1 year
(100 salaries)
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₹0.5 L/yr - ₹4 L/yr

2 years
(85 salaries)
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₹0.4 L/yr - ₹4.5 L/yr

3 years
(50 salaries)
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₹0.4 L/yr - ₹5 L/yr

4 years
(19 salaries)
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₹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

View all Insurance Agent jobs

Similar Designation Salary

Similar Designation Avg. annual salary
Insurance Executive Salary
1 - 7 years exp.
(2.9k salaries)
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₹1 L/yr - ₹4.4 L/yr

LIC Agent Salary
0 - 10 years exp.
(448 salaries)
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₹0.5 L/yr - ₹5.5 L/yr

Agent Salary
0 - 4 years exp.
(5.1k salaries)
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₹1 L/yr - ₹4.2 L/yr

Manager Salary
4 - 16 years exp.
(3.2L salaries)
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₹4 L/yr - ₹32 L/yr

Life Insurance Advisor Salary
0 - 9 years exp.
(339 salaries)
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₹1 L/yr - ₹6 L/yr

View more similar designations

Insurance Agent Salary By Locations

Locations Avg. annual salary
New Delhi
Insurance Agent
0 - 6 years exp.
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₹1 L/yr - ₹5 L/yr

Mumbai
Insurance Agent
0 - 4 years exp.
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₹0.4 L/yr - ₹3.5 L/yr

Hyderabad / Secunderabad
Insurance Agent
0 - 6 years exp.
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₹1.5 L/yr - ₹4.3 L/yr

Kolkata
Insurance Agent
0 - 6 years exp.
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₹0.4 L/yr - ₹4 L/yr

Bangalore / Bengaluru
Insurance Agent
0 - 6 years exp.
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₹1.1 L/yr - ₹3 L/yr

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Insurance Agent Salary By Industries

Industries Avg. annual salary

Financial Services

Insurance Agent
0 - 8 years exp.
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₹0.6 L/yr - ₹4.5 L/yr

Insurance

Insurance Agent
0 - 6 years exp.
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₹0.7 L/yr - ₹4.5 L/yr

Banking / Insurance / Accounting

Insurance Agent
0 - 6 years exp.
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₹0.6 L/yr - ₹4 L/yr

Internet

Insurance Agent
0 - 8 years exp.
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₹1 L/yr - ₹4.5 L/yr

BPO

Insurance Agent
0 - 4 years exp.
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₹0.1 L/yr - ₹3.5 L/yr

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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 392 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
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
Salary expectations for Insurance Agent may vary based on job roles, experience, and specific employer requirements.
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:
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
and so on.

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