By using this site, you agree to the Privacy Policy and Terms of Use.
Accept
The News God
  • Politics
  • News
  • Business & Finance
  • Lifestyle & Health
  • Law
  • Sports
  • Tech & Autos
  • Home and Garden
  • Other Categories
    • Travel
    • Education
    • Entertainment
    • General
Reading: How Much Money Can You Make Selling Life Insurance?
Share
Aa
The News God
Aa
  • Politics
  • News
  • Business & Finance
  • Lifestyle & Health
  • Law
  • Sports
  • Tech & Autos
  • Home and Garden
  • Other Categories
Search
  • Politics
  • News
  • Business & Finance
  • Lifestyle & Health
  • Law
  • Sports
  • Tech & Autos
  • Home and Garden
  • Other Categories
    • Travel
    • Education
    • Entertainment
    • General
Follow US
  • Why You Need to Read Business News Everyday
  • Why You Need to Read Business News Everyday
  • Advertise
  • Advertise
The News God > Blog > Business & Finance > How Much Money Can You Make Selling Life Insurance?
Business & Finance

How Much Money Can You Make Selling Life Insurance?

Abubaker Rafiq
Last updated: 2022/03/31 at 4:41 AM
Abubaker Rafiq  - Content Writer Published July 15, 2021
Share
4 Min Read
SHARE

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.

Contents
Captive AgentsIndependent AgentsLocationCommissionMaking Money by 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.

Location

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.

Commission

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.

You Might Also Like

Top 10 Profitable Sectors to Start a Business in Shams Free Zone?

Best Hotels Near JB City Square (Johor Bahru, Malaysia)

Building a High-Performing Sales Team: A Guide to Recruitment, Training and Management

Are Online Lenders a Threat to Traditional Lenders?

5 Tips on How to Develop Your Restaurant’s Brand Identity

Abubaker Rafiq July 15, 2021
Share this Article
Facebook Twitter Email Print
Share
Previous Article If you only visit your dentist's office when you have pain or cavities, you're not going enough. Learn how often to see the dentist for a healthy smile. 5 Warning Signs You May Need Dental Implants
Next Article 4 Signs You May Need a Personal Loan
Leave a comment Leave a comment

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Stay Connected

235.3k Followers Like
69.1k Followers Follow
11.6k Followers Pin
56.4k Followers Follow
136k Subscribers Subscribe

Ads

Latest News

Top 12 Reasons – Why Is Workplace Safety Important?
Lifestyle & Health January 26, 2023
How Are Online Tools Helpful for Automotive Photography?
How Are Online Tools Helpful for Automotive Photography?
Tech & Autos January 26, 2023
Is it necessary to pass the motorbike theory test to get your license in the UK
Is it necessary to pass the motorbike theory test to get your license in the UK
Education January 26, 2023
Live Dealer Games Grow in Popularity in UK
Live Dealer Games Grow in Popularity in UK
Entertainment January 26, 2023

You Might also Like

Top 10 Profitable Sectors to Start a Business in Shams Free Zone?
Business & Finance

Top 10 Profitable Sectors to Start a Business in Shams Free Zone?

January 26, 2023
What Makes the Hotel Mattresses So Comfortable – An Overview on The Topic
Business & Finance

Best Hotels Near JB City Square (Johor Bahru, Malaysia)

January 26, 2023
Certbolt Salesforce Developer Certification Track: Which Badge Is Best for You and Are There Any Reasons to Use Exam Dumps?
Business & Finance

Building a High-Performing Sales Team: A Guide to Recruitment, Training and Management

January 26, 2023
Are Online Lenders a Threat to Traditional Lenders?
Business & Finance

Are Online Lenders a Threat to Traditional Lenders?

January 26, 2023
Show More

© 2022 Thenewsgod. All Rights Reserved.

  • About
  • Contact Us
  • Terms of Use & Privacy Policy
  • Advertise
  • Disclaimer

Removed from reading list

Undo
Welcome Back!

Sign in to your account

Lost your password?