Life Insurance Agent
Annual salary range
₹1 Lakh - ₹4.5 Lakhs
High Confidence 
High Confidence means the data is based on a large number of latest salaries.
Filter salaries byLife Insurance Agent Salary in Insurance in India
based on 100
latest salaries
• updated:
21 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
(13
salaries)
|  ₹1 L/yr - ₹3.6 L/yr |
1
year
(30
salaries)
| ₹1 L/yr - ₹3.8 L/yr |
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| |
2
years
(23
salaries)
| ₹1.1 L/yr - ₹4 L/yr |
3
years
(10
salaries)
| ₹1.2 L/yr - ₹4 L/yr |
4
years
(11
salaries)
| ₹1 L/yr - ₹4.5 L/yr |
View all salaries by experience
Life Insurance Agent Salary in
India ranges between ₹1
Lakh to ₹4.5
Lakhs for
less than 1 year of experience to 9 years of experience
. Salary estimates are based on
100 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
0 - 5
years
exp.
(15
salaries)
| ₹1 L/yr - ₹4.5 L/yr |
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| |
Sales & Business Development
Life Insurance Agent Salary
1 - 9
years
exp.
(7
salaries)
| ₹1.1 L/yr - ₹3.5 L/yr |
View all departments salaries
Latest annual salaries shared by Life Insurance Agents
2w ago
Life Insurance Corporation of India
Life Insurance Agent
4 years exp.
4w 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.
2mo ago
Bharti AXA Life Insurance
Life Insurance Agent
3 years exp.
2mo ago
Life Insurance Corporation of India
Life Insurance Agent
2 years exp.
2mo ago
Tata AIA Life Insurance
Life Insurance Agent
5 years exp.
3mo ago
HDFC Life
Life Insurance Agent
3 years exp.
3mo ago
Life Insurance Corporation of India
Life Insurance Agent
2 years exp.
View all latest salaries
Life Insurance Agent Jobs in India
Life Insurance Agent
· 3-8 years
Life Insurance Corporation (LIC)
₹6
L/yr
- ₹6.6
L/yr
Rourkela
Similar Designation Salaries for Life Insurance Agent
| Designations | Avg Annual Salary |
|---|---|
Life Insurance Advisor Salary
0 -
8
years
exp.
(224 salaries)
| ₹1.1 L/yr - ₹5 L/yr |
Insurance Executive Salary
1 -
7
years
exp.
(448 salaries)
| ₹1.4 L/yr - ₹4.5 L/yr |
Login to view exact salary
| |
LIC Agent Salary
0 -
11
years
exp.
(459 salaries)
| ₹0.6 L/yr - ₹5.2 L/yr |
Sales Manager Salary
2 -
15
years
exp.
(11.1k salaries)
| ₹2.5 L/yr - ₹9.9 L/yr |
Agent Salary
0 -
4
years
exp.
(310 salaries)
| ₹1 L/yr - ₹5 L/yr |
View more similar designations
Salary related reviews by similar designations like Life Insurance Agent
Life Insurance Corporation of India
LIC Agent
• posted on 24 May 2018
Likes
The company is open to innovation and readily adopts latest technology
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
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 02 Jul 2023
Likes
There is no time boundation for LIC agent.I can set my own income target.
Dislikes
Salary is not in monthly basis.
Life 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 moreDislikes
I don't know
Life Insurance Corporation of India
Agent
• posted on 14 Aug 2023
Likes
Very confident
Dislikes
I like this .But most important points insurance advisor no salary commission based job
read moreTop skills for Life Insurance Agent
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 L/yr |
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| |
Mumbai
Life Insurance Agent
0 -
6
years
exp.
| ₹1.6 L/yr - ₹3.5 L/yr |
Chennai
Life Insurance Agent
0 -
4
years
exp.
| ₹0.1 L/yr - ₹3.5 L/yr |
Hyderabad / Secunderabad
Life Insurance Agent
0 -
1
year
exp.
| ₹1.5 L/yr - ₹3.8 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 |
Banking / Insurance / Accounting
Life Insurance Agent
0 -
8
years
exp.
| ₹1 L/yr - ₹4 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 ₹4.5 Lakhs per year. Salary estimates are based on 100 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
- BPO - ₹1.2 Lakhs to 2.1 Lakhs per year
- Healthcare - ₹1.2 Lakhs to 2.5 Lakhs per year
What are the top paying cities for Life Insurance Agent in India?
- Mumbai - ₹3.0 Lakhs to 3.6 Lakhs per year
- Surat - ₹1.8 Lakhs to 4.0 Lakhs per year
- Kolkata - ₹1.0 Lakhs to 6.0 Lakhs per year
- New Delhi - ₹1.5 Lakhs to 4.2 Lakhs per year
- Hyderabad / Secunderabad - ₹1.5 Lakhs to 3.8 Lakhs per year
What are the popular/top skills required to become a Life Insurance Agent?
These are the top skills of a Life Insurance Agent based on 1 job posted by employers.
- Business Development
- Field Sales
- Insurance Sales
- Sales
- Insurance
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