How Much Money Can You Make Selling Life Insurance?

Are you looking for a rewarding career that will allow you to help people and make plenty of money at the same time? The answer is selling life insurance.

Everyone wants to be able to take care of their families after they die. That’s why this career is in such high demand. You’ll have a stable job that you can make plenty of money with as long as you make the sales.

Are you interested in learning how it works? Check out this guide to learn exactly how much you can make by selling life insurance to put bread on the table.

Captive Agents

Not every type of agent makes the same amount of money during their insurance career. Captive insurance agents have leads generated for them.

They are a little restricted in that they’re tied to only one company. It makes it difficult to earn a huge check. It depends if your company works off of commission or gives you a salary.

Independent Agents

Independent agents are their own bosses. They have to generate leads all on their own, but this isn’t a bad thing. Since they aren’t tied to a specific company, they don’t have limits when it comes to growing their career.

They can sell policies for as many companies as they want. We will tell you that this branch of insurance selling is better for those who have some experience under their belt. If you’re new, it might be better for you to go the captive route.


The next thing you need to decide is where you want to sell life insurance policies. Throwing your luck in with a big city might net you tons of profit, but then again, it might not.

Large cities usually have a larger concentration of agents, so you’ll run into a lot more competition in these areas. Cities tend to be more expensive to live in as well. That means there’s a good chance that you won’t break even.

Pull up a calculator ahead of time and figure out how much money you’ll need to make to live your desired lifestyle. This will determine where you go.


Most agencies work via a commission-based salary. This takes us back to the insurance agent categories. Captive agents don’t make quite as much money in commissions as independent ones do. There’s about a 5 percent difference.

To make up the difference, you’ll have to sell policies like your life depends on it. This helpful guide can give you some tips on how to sell life insurance and come home with a fatter paycheck.

Making Money by Selling Life Insurance

Are you thinking about trying to make a living selling life insurance? It’s not a bad decision. This career is in high demand, and it pays pretty well if you’re willing to put out the work. Start your new job today!

If you don’t think selling life insurance is for you, don’t worry. We have other money-making opportunities where that came from. Check out our blog daily to find your next big career.