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General Insurance Agent salaries in India

Annual salary range
0 - 9 years exp.
₹3 Lakhs - ₹4.4 Lakhs
Low Confidence
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Low confidence means that this average salary is based on data that was reported by very few people.
Salary of majority employees
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31% more than the average Agent Salary in Insurance Companies for 0 - 9 years of experience

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Salaries in different departments

BFSI, Investments & Trading
Agent Salary
0 - 9 years exp. (3 salaries)
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₹3 L/yr - ₹4.4 L/yr

Customer Success, Service & Operations
Agent Salary
3 years exp. (AmbitionBox Estimate)
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₹2.7 L/yr - ₹3.3 L/yr

Last Updated: 25 Mar 2024

Companies similar to General Insurance for Agent

Company name Avg Annual Salary Open Jobs
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Life Insurance Corporation of India Agent Salary

1 - 10 years exp. (141 salaries)

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₹0.7 L/yr - ₹7 L/yr

arrow icon 24% less
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HDFC Ergo General Insurance Agent Salary

3 - 4 years exp. (4 salaries)

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₹2.1 L/yr - ₹3.5 L/yr

arrow icon 30% less
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The New India Assurance Co. Agent Salary

1 - 6 years exp. (10 salaries)

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₹1.8 L/yr - ₹8 L/yr

arrow icon 7% less
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United India Insurance Company Agent Salary

0 - 7 years exp. (18 salaries)

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₹0.2 L/yr - ₹5 L/yr

arrow icon 37% less
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National Insurance Company Agent Salary

1 - 4 years exp. (4 salaries)

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₹1 L/yr - ₹2.4 L/yr

arrow icon 30% less
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Reliance General Insurance Agent Salary

0 - 9 years exp. (6 salaries)

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₹1.5 L/yr - ₹5 L/yr

arrow icon 25% less
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Tata AIG Agent Salary

0 - 2 years exp. (6 salaries)

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₹1.2 L/yr - ₹8 L/yr

arrow icon 21% more
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SBI General Insurance Agent Salary

1 - 2 years exp. (4 salaries)

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₹1.2 L/yr - ₹4 L/yr

arrow icon 48% less
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SBI Life Insurance Company Agent Salary

1 - 8 years exp. (18 salaries)

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₹1 L/yr - ₹7 L/yr

arrow icon 14% less
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Star Health & Allied Insurance Agent Salary

0 - 6 years exp. (12 salaries)

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₹1.1 L/yr - ₹4.1 L/yr

arrow icon 26% less
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₹1.2 L/yr - ₹3.6 L/yr

arrow icon 26% less
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Bajaj Allianz Life Insurance Agent Salary

1 - 5 years exp. (7 salaries)

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₹1.2 L/yr - ₹4.2 L/yr

arrow icon 26% less
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Tata AIA Life Insurance Agent Salary

0 - 5 years exp. (6 salaries)

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₹1 L/yr - ₹6 L/yr

arrow icon 12% less
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Reliance Nippon Life Insurance Agent Salary

3 - 6 years exp. (4 salaries)

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₹2.3 L/yr - ₹2.4 L/yr

arrow icon 32% less
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₹2 L/yr - ₹2.8 L/yr

arrow icon 28% less
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₹1.1 L/yr - ₹4.7 L/yr

arrow icon 27% less
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Aditya Birla Sun Life Insurance Agent Salary

2 - 4 years exp. (3 salaries)

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₹1 L/yr - ₹7 L/yr

arrow icon 34% less
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Bharti AXA Life Insurance Agent Salary

1 - 3 years exp. (3 salaries)

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₹1.5 L/yr - ₹2.6 L/yr

arrow icon 34% less
Agent salary at General Insurance ranges between ₹3 Lakhs to ₹4.4 Lakhs per year for employees with less than 1 year of experience to 9 years. Salary estimates are based on 4 latest salaries received from various employees of General Insurance.

Latest annual salaries shared by General Insurance Agent

1y ago
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3 years exp.
1y ago
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9 years exp.

Experience wise General Insurance Agent salaries

Last Updated: 25 Mar 2024

Experience Avg Annual Salary
Fresher (AmbitionBox Estimate)

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₹4 L/yr - ₹5.1 L/yr
3 years (AmbitionBox Estimate)

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₹2.7 L/yr - ₹3.5 L/yr
7 years (AmbitionBox Estimate)

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₹2.7 L/yr - ₹3.5 L/yr
9 years (AmbitionBox Estimate)

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₹2.7 L/yr - ₹3.5 L/yr

Similar Designation salaries in General Insurance

Team Lead Salary
(3 salaries)
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₹2.3 L/yr - ₹4.5 L/yr
Quality Analyst Salary
(AmbitionBox Estimate)
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₹2.5 L/yr - ₹3.2 L/yr
Sales Executive Salary
(12 salaries)
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₹1 L/yr - ₹3.15 L/yr
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₹3.3 L/yr - ₹3.5 L/yr
Process Associate Salary
(AmbitionBox Estimate)
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₹2.9 L/yr - ₹3.7 L/yr
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₹1.15 L/yr - ₹2.4 L/yr
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₹1.8 L/yr - ₹3.5 L/yr
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₹1.1 L/yr - ₹2.9 L/yr
Customer Support Executive Salary
(AmbitionBox Estimate)
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₹0.2 L/yr - ₹0.2 L/yr
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₹6.3 L/yr - ₹8 L/yr

Salary related reviews for General Insurance

Sales & Business Development Department

4.0
  •  posted on 22 Apr 2021

4.0
 for  Salary and Benefits

Likes

I have worked in general insurance and i have experience and feild working habituated.I have issues policy from TATA, Chola, Shriram, Bajaj,go digit , ICICI Lombard from welcom financial Pvt Ltd Kolkata.I have interested with general insurance company

read more
  • Salary - Good
  • +6 more

Dislikes

Nathing special but claim settlement should be fast for the customer's

In industries --quality, production, in general insurance claims assess... Department

5.0
  •  posted on 20 Aug 2019

5.0
 for  Salary and Benefits

Likes

I am an expert in Motor claims of unlimited estimated loss. Carried out more than 11000 surveys so far. I like it and also delivered lectures in several national level seminars and work shops. I am honored to opine on the motor litigated and cases filed before the ombudsman for decision. I give my opinion on base of insurance laws and technicalities on the claims. I am also expert in pre insurance inspection /Risk Inspections also in Risk management of non motor insurance. I like the most above both jabs. I have deep knowledge of law and engineering/ technicality of the claims. I am very innovative with technology and laws and cooperative with the colleagues and do respect the bosses.

read more
  • Salary - Excellent
  • +6 more

Dislikes

i like this industry. as my job is dependent on insurers so, some time i face deputation problem.

BFSI, Investments & Trading Department

5.0
  •  posted on 16 Jul 2018

5.0
 for  Salary and Benefits

Likes

When Insurance industry was opened for for private participation in 2004, it was projected by market leaders that the existing public sector general insurance [PSGI] will be doomed in five years. Alas, that it was not to be. Even now the PSGI compnies hold more than 50% of Market Share of General Insurance Premium and is growing steadily and are making the Pvt. Sector Insurance companies run for their money. Unlike Life insurance where investments are made for long term, the general insurance contracts are annual in nature, yet the public confidence is still with PSGI companies. There can be delay but there won't be deny in case of any major catastrophe. Ofcourse, the PSGI companies have to be more customer friendly when it comes to hassle free acceptance of premium as well as settlement of claims by using the latest advanced automation/digitilaisation.

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  • Salary - Excellent
  • +6 more

Dislikes

At times it may be frustrating for the really competent persons as out of turn recognition / elevation is not possible, as well as tougher industrial relations -- because of the undue advantage taken by certain undeserving elements taking protection under the prrevailing reservation system.

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General Insurance Agent Salary FAQs

What is the salary of Agent at General Insurance?
Agent salary at General Insurance in India ranges between ₹3.0 Lakhs to ₹4.4 Lakhs for less than 1 year of experience to 9 years. According to our estimates it is 31% more than the average Agent Salary in India. Salary estimates are based on 4 latest salaries received from various employees of General Insurance India.
How does the salary of a Agent at General Insurance India compare with the average salary range for this job?
The average salary of a Agent at General Insurance is 31% more than the average salary of a Agent in India. To know exact salary insights, login to view.
Which similar companies are paying more than General Insurance to a Agent in India?
  • Tata AIG Agent Salary - ₹1.2 Lakhs to ₹8.0 Lakhs per year
What is the salary of a Agent in companies similar to General Insurance in India?
  • The New India Assurance Co. Agent Salary - ₹1.8 Lakhs to ₹8.0 Lakhs per year
  • Tata AIA Life Insurance Agent Salary - ₹1.0 Lakhs to ₹6.0 Lakhs per year
  • SBI Life Insurance Company Agent Salary - ₹1.0 Lakhs to ₹7.0 Lakhs per year
  • Life Insurance Corporation of India Agent Salary - ₹0.7 Lakhs to ₹7.0 Lakhs per year
  • Reliance General Insurance Agent Salary - ₹1.5 Lakhs to ₹5.0 Lakhs per year
What is the estimated take home salary of a Agent at General Insurance in India?
The estimated take-home salary of a Agent at General Insurance ranges between ₹24,310 per month to ₹25,759 per month in India. The take-home salary calculation is based on the average General Insurance Agent salary in India which ranges between ₹3.0 Lakhs to ₹4.4 Lakhs per year for employees with less than 1 year of experience to 9 years. Check how did we calculate take home salary?
What is the notice period for Agent at General Insurance?
According to AmbitionBox, 100% of the General Insurance Agents reported a notice period of 15 days or less.This is based on 1 response on AmbitionBox in last 2 years.

Tell us how to improve this page.

General Insurance Agent salary in India ranges between ₹3 Lakhs to ₹4.4 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 4 General Insurance latest salaries received from various employees of General Insurance.