Selling Insurance Income

Selling Insurance Income

In May 2008 the median annual wages of wage and salary insurance sales agents were $45,430. The middle 50 percent earned an annual income of $33,070 - $68,730.

The bottom 10% had an income of $26,120 or less, while the highest 10% earned more than $113,930.

The median annual income for insurance sales agents who worked directly for insurance carriers were $48,150. Those who worked for agencies, brokerages and other insurance related businesses made a median annual income of $44,450.

Once you learn how to sell insurance, many jobs are commission only, especially for entry-level agents. Some are salary plus commission, but usually heavily dependent on commissions by nature. Because of the competitive nature of this industry, usually the commission structure is very generous