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Life Insurance Representative Salary in Chicago, IL

How much does a Life Insurance Representative make in Chicago, IL? The salary range for a Life Insurance Representative job is from $46,473 to $50,501 per year in Chicago, IL. Click on the filter to check out Life Insurance Representative job salaries by hourly, weekly, biweekly, semimonthly, monthly, and yearly.

Average base salary
updated at March 26, 2024
$48,559
Per Year
The average salary for a Life Insurance Representative is $48,559
per Year in Chicago, IL.
Individually reported data submitted by users of our website

HOW SHOULD YOU USE THIS DATA?

Employees: Use this as a guide for salary expectations, but be aware that responsibilities can change across companies for the same job title, so there may be differences between this data, other free site and our subscription products bought by employers.

Employers: This data could be used as reference point in your market pricing, but not the only source, due to differences across jobs locations, and sizes of companies.Consider additional sources like our Employer reported data.

Base Salary
$46,473
$48,559
Medium
$50,501

Highest Paying Cities for Life Insurance Representative near Chicago, IL

We list eight cities that pay high wages to Life Insurance Representative near Chicago. The salary difference may cause by many reasons, such as the cost of living. The competition will also be fiercer where wages are high. Click the city name to learn more about the Life Insurance Representative pay level in these cities.

States with Higher Salaries for Life Insurance Representative

Here are the top five states that pay the highest Life Insurance Representative salary in the United States. District of Columbia takes first place with the highest Life Insurance Representative salary is $51,521 per Year. California and New Jersey take the second and third place with $51,058 per Year and $50,734 per Year in the list. A higher average Life Insurance Representative salary indicates a higher cost of living too.

How Much Do Similar Professions Get Paid in Chicago, IL?

The following job titles have similar responsibilities as a Life Insurance Representative. However, the different job titles may have different salaries. Learn each job, and finger out the most suitable position with the highest wage for you in your city.
Life Insurance Sales Representative
Average salary
United States
$49,958
per Year
Life Insurance
Average salary
United States
$47,449
per Year
Life Insurance Agent
Average salary
United States
$42,813
per Year
Life Insurance Broker
Average salary
United States
$98,283
per Year
Life Insurance Specialist
Average salary
United States
$57,704
per Year
Life Insurance Underwriter
Average salary
United States
$59,136
per Year

How Much Should You Be Earning?

Get an estimated calculation of how much you should be earning and insight into your career options.

What Does a Life Insurance Representative Do?

Check out our definitive breakdown of the best life insurance companies to get a sense of what’s out there before meeting with an agent.

December 21, 2021

Life insurance is complicated enough without them dodging your questions—no matter how trivial they seem.

December 20, 2021

Life insurance agents might be given a small salary to get started but are otherwise primarily dependent on commissions to make a living.

December 19, 2021

The message, whether verbal or written, needs to communicate that those who are interested in solidifying the sound performance of their financial affairs should use life insurance as a means to that end.

December 19, 2021

Many life insurance agents who have been in the business 20 years or more have enough renewal commissions built up to make an excellent living without ever having to sell a new policy.

December 18, 2021

Most Common Benefits for Life Insurance Representative

Social Security
Healthcare
401(k)
Pension
Disability
Time Off (days)

Frequently Asked Questions

Common questions about salaries for a Life Insurance Representative
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Explore our personal salary report to know the Life Insurance Representative market value in Chicago, IL. And find out if any places are having a higher Life Insurance Representative salary.
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The average salary of a Life Insurance Representative is $48,559 in Chicago, IL.
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