Life Insurance Agent
Annual salary range
₹1 Lakh - ₹4 Lakhs
High Confidence 
High Confidence means the data is based on a large number of latest salaries.
Filter salaries byLife Insurance Agent Salary in Banking / Insurance / Accounting in India
based on 41
latest salaries
• updated:
26 Dec 2024
Select an experience to get the exact salary
Salary of majority employees
Experience wise Life Insurance Agent salaries
| Years of experience | Avg. Annual Salary |
|---|---|
Fresher
(4
salaries)
|  ₹1.2 L/yr - ₹3 L/yr |
1
year
(7
salaries)
| ₹1 L/yr - ₹2.6 L/yr |
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| |
2
years
(9
salaries)
| ₹2 L/yr - ₹3.1 L/yr |
3
years
(6
salaries)
| ₹1.5 L/yr - ₹5.3 L/yr |
4
years
(5
salaries)
| ₹1 L/yr - ₹3.5 L/yr |
View all salaries by experience
Life Insurance Agent Salary in
India ranges between ₹1
Lakh to ₹4
Lakhs for
less than 1 year of experience to 8 years of experience
. Salary estimates are based on
41 latest salaries received
from Life Insurance Agent.
See latest salaries
Life Insurance Agent salaries in different departments
| Department | Avg Annual Salary |
|---|---|
BFSI, Investments & Trading
Life Insurance Agent Salary
1 - 5
years
exp.
(7
salaries)
| ₹1 L/yr - ₹3.9 L/yr |
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| |
Administration & Facilities
Life Insurance Agent Salary
1 - 3
years
exp.
(4
salaries)
| ₹2.4 L/yr - ₹4 L/yr |
View all departments salaries
Latest annual salaries shared by Life Insurance Agents
2d ago
Oman Shapoorji Llc
Life Insurance Agent
2 years exp.
1w ago
Life Insurance Corporation of India
Life Insurance Agent
3 years exp.
2w ago
Life Insurance Corporation of India
Life Insurance Agent
1 year exp.
2w ago
Aviva Life Insurance India
Life Insurance Agent
1 year exp.
1mo ago
Life Insurance Corporation of India
Life Insurance Agent
4 years exp.
1mo ago
Future Generali India Life Insurance
Life Insurance Agent
1 year exp.
1mo ago
Pace Setters Business Solutions
Life Insurance Agent
4 months exp.
2mo ago
Shriram Life Insurance
Life Insurance Agent
4 years exp.
2mo ago
IndiaFirst Life Insurance
Life Insurance Agent
2 years exp.
3mo ago
Bharti AXA Life Insurance
Life Insurance Agent
3 years exp.
View all latest salaries
| Company Name | Avg Annual Salary | Open Jobs |
|---|---|---|
1 -
15
yrs
exp.
(32 salaries)
|
₹1 L/yr - ₹7.5 L/yr | |
0 -
5
yrs
exp.
(7 salaries)
|
₹2 L/yr - ₹3.9 L/yr | |
Login to view exact salary
| ||
0 -
3
yrs
exp.
(6 salaries)
|
₹1 L/yr - ₹4 L/yr | |
0 -
4
yrs
exp.
(3 salaries)
|
₹2 L/yr - ₹3.5 L/yr | |
10 -
24
yrs
exp.
(AmbitionBox Estimate)
|
₹2.3 L/yr - ₹2.9 L/yr | |
1 yr
exp.
(AmbitionBox Estimate)
|
₹2.1 L/yr - ₹2.7 L/yr | |
3 yrs
exp.
(AmbitionBox Estimate)
|
₹4.7 L/yr - ₹6 L/yr | |
2 yrs
exp.
(AmbitionBox Estimate)
|
₹3.2 L/yr - ₹4.1 L/yr | |
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| ||
|
2 yrs
exp.
(AmbitionBox Estimate)
|
₹1.8 L/yr - ₹2.3 L/yr | |
Similar Designation Salaries for Life Insurance Agent
| Designations | Avg Annual Salary |
|---|---|
Life Insurance Advisor Salary
0 -
9
years
exp.
(99 salaries)
| ₹1.2 L/yr - ₹5 L/yr |
Insurance Executive Salary
1 -
7
years
exp.
(146 salaries)
| ₹1.1 L/yr - ₹4.8 L/yr |
Login to view exact salary
| |
LIC Agent Salary
1 -
11
years
exp.
(231 salaries)
| ₹0.8 L/yr - ₹5 L/yr |
Sales Manager Salary
2 -
15
years
exp.
(2.5k salaries)
| ₹2.5 L/yr - ₹8 L/yr |
Agent Salary
0 -
4
years
exp.
(146 salaries)
| ₹1 L/yr - ₹3.9 L/yr |
View more similar designations
Salary related reviews by similar designations like Life Insurance Agent
Life Insurance Corporation of India
Agent
• posted on 14 Aug 2023
Likes
Very confident
- Salary - Excellent+6 more
Dislikes
I like this .But most important points insurance advisor no salary commission based job
read moreLife 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 09 May 2021
Likes
...gement is transparent. There is a huge cafeteria and gaming arcade for chilling. Company policies are good, appraisals are fair and they give good salary hike and bonus every year.
read more- Salary - Excellent
Dislikes
There is a lot of politics and the management doesn’t address our issues. Salary is decent but career growth is slow. There is a bond of 2 years before which you cannot resign. On the job training is not given to new joinees.
read more- Job security - Poor+3 more
Life 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 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.
Life Insurance Agent Salary By Locations
| Locations | Avg Annual Salary |
|---|---|
Kolkata
Life Insurance Agent
0 -
7
years
exp.
| ₹1 L/yr - ₹5 L/yr |
New Delhi
Life Insurance Agent
0 -
7
years
exp.
| ₹1.2 L/yr - ₹4.2 L/yr |
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| |
Mumbai
Life Insurance Agent
0 -
6
years
exp.
| ₹1.6 L/yr - ₹3.5 L/yr |
Hyderabad / Secunderabad
Life Insurance Agent
0 -
3
years
exp.
| ₹1.5 L/yr - ₹3.8 L/yr |
Ahmedabad
Life Insurance Agent
0 -
5
years
exp.
| ₹1.9 L/yr - ₹6 L/yr |
View More
Life Insurance Agent Salary In Other Industries
| Industries | Avg Annual Salary |
|---|---|
Financial Services
Life Insurance Agent
0 -
9
years
exp.
| ₹1 L/yr - ₹5 L/yr |
Insurance
Life Insurance Agent
0 -
9
years
exp.
| ₹1 L/yr - ₹5 L/yr |
Login to view exact salary
| |
Banking
Life Insurance Agent
0 -
4
years
exp.
| ₹1.2 L/yr - ₹3 L/yr |
IT Services & Consulting
Life Insurance Agent
0 -
6
years
exp.
| ₹0.2 L/yr - ₹3 L/yr |
BPO
Life Insurance Agent
0 -
6
years
exp.
| ₹1.2 L/yr - ₹2.1 L/yr |
View More
Frequently Asked Questions about Life Insurance Agent Salaries
What is the salary of a Life Insurance Agent in India?
Salary for a Life Insurance Agent in India ranges between ₹1.0 Lakhs to ₹4.0 Lakhs per year. Salary estimates are based on 41 latest salaries received from various Life Insurance Agents across industries.
What is the starting salary for a Life Insurance Agent in India?
Average starting Salary for Life Insurance Agent in India is around ₹1.0 Lakhs per year (₹8.3k per month). No prior experience is required to be a Life Insurance Agent.
What is the highest salary for a Life Insurance Agent in India?
Highest salary that a Life Insurance Agent can earn is ₹7.5 Lakhs per year (₹62.5k per month).
What are the top paying industries for Life Insurance Agent in India?
- Financial Services - ₹0.2 Lakhs to 12.0 Lakhs per year
- Insurance - ₹0.1 Lakhs to 10.0 Lakhs per year
- Banking - ₹1.0 Lakhs to 6.5 Lakhs per year
- IT Services & Consulting - ₹0.2 Lakhs to 3.0 Lakhs per year
- BPO - ₹1.2 Lakhs to 2.1 Lakhs per year
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