Life Insurance Agent
Annual salary range
₹0.6 Lakh - ₹5 Lakhs
Very High Confidence 
Very High Confidence means the data is based on a large number of latest salaries.
Filter salaries byLife Insurance Agent Salary in India
based on 158
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
(28
salaries)
|  ₹0.6 L/yr - ₹5 L/yr |
1
year
(41
salaries)
| ₹1 L/yr - ₹3.8 L/yr |
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| |
2
years
(37
salaries)
| ₹1.1 L/yr - ₹5 L/yr |
3
years
(20
salaries)
| ₹1.2 L/yr - ₹5 L/yr |
4
years
(15
salaries)
| ₹1 L/yr - ₹4.5 L/yr |
View all salaries by experience
Life Insurance Agent Salary in
India ranges between ₹0.6
Lakh to ₹5
Lakhs for
less than 1 year of experience to 9 years of experience
. Salary estimates are based on
158 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 - 7
years
exp.
(22
salaries)
| ₹1 L/yr - ₹4.5 L/yr |
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| |
Sales & Business Development
Life Insurance Agent Salary
1 - 9
years
exp.
(11
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
| Company Name | Avg Annual Salary | Open Jobs |
|---|---|---|
2 -
3
yrs
exp.
(AmbitionBox Estimate)
|
₹2.3 L/yr - ₹2.9 L/yr | |
0 -
4
yrs
exp.
(AmbitionBox Estimate)
|
₹2 L/yr - ₹2.5 L/yr | |
Login to view exact salary
| ||
0 -
1
yrs
exp.
(AmbitionBox Estimate)
|
₹1.8 L/yr - ₹2.3 L/yr | |
2 -
3
yrs
exp.
(AmbitionBox Estimate)
|
₹4.5 L/yr - ₹5.8 L/yr | |
|
3 -
4
yrs
exp.
(AmbitionBox Estimate)
|
₹2.7 L/yr - ₹3.5 L/yr | |
2 yrs
exp.
(AmbitionBox Estimate)
|
₹2.3 L/yr - ₹2.9 L/yr | |
|
3 yrs
exp.
(AmbitionBox Estimate)
|
₹1.8 L/yr - ₹2.3 L/yr | |
|
1 yr
exp.
(AmbitionBox Estimate)
|
₹2.3 L/yr - ₹2.9 L/yr | |
Login to view exact salary
| ||
|
2 yrs
exp.
(AmbitionBox Estimate)
|
₹1.6 L/yr - ₹2.1 L/yr | |
Fresher
(AmbitionBox Estimate)
|
₹2.3 L/yr - ₹2.9 L/yr | |
Similar Designation Salaries for Life Insurance Agent
| Designations | Avg Annual Salary |
|---|---|
Life Insurance Advisor Salary
0 -
8
years
exp.
(324 salaries)
| ₹1 L/yr - ₹5.5 L/yr |
Insurance Executive Salary
1 -
7
years
exp.
(2.8k salaries)
| ₹1 L/yr - ₹4.3 L/yr |
Login to view exact salary
| |
LIC Agent Salary
0 -
11
years
exp.
(456 salaries)
| ₹0.6 L/yr - ₹5.2 L/yr |
Sales Manager Salary
2 -
15
years
exp.
(1.2L salaries)
| ₹2.2 L/yr - ₹16 L/yr |
Agent Salary
0 -
4
years
exp.
(5k salaries)
| ₹1 L/yr - ₹4.2 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 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 moreDislikes
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 moreLife 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 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
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 moreDislikes
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 L/yr |
Login to view exact salary
| |
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 |
Jaipur
Life Insurance Agent
0 -
5
years
exp.
| ₹2 L/yr - ₹6.5 L/yr |
View More
Life Insurance Agent Salary By 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 / Insurance / Accounting
Life Insurance Agent
0 -
8
years
exp.
| ₹1.2 L/yr - ₹4 L/yr |
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 |
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 ₹0.6 Lakh to ₹5.0 Lakhs per year. Salary estimates are based on 158 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 ₹0.6 Lakh per year (₹5.0k 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?
- Hyderabad / Secunderabad - ₹1.5 Lakhs to 12.0 Lakhs per year
- Ahmedabad - ₹1.9 Lakhs to 6.0 Lakhs per year
- Kolkata - ₹0.2 Lakhs to 6.0 Lakhs per year
- New Delhi - ₹0.2 Lakhs to 4.2 Lakhs per year
- Mumbai - ₹0.1 Lakhs to 3.6 Lakhs per year
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