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Life Insurance Salary in Minnesota

How much does a Life Insurance make in Minnesota? The salary range for a Life Insurance job is from $33,033 to $57,908 per year in Minnesota. Click on the filter to check out Life Insurance job salaries by hourly, weekly, biweekly, semimonthly, monthly, and yearly.

Average base salary
updated at April 24, 2024
$46,363
Per Year
The average salary for a Life Insurance is $46,363
per Year in Minnesota.
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
$33,033
$46,363
Medium
$57,908

Highest Paying Cities for Life Insurance in Minnesota

Here are the top eight that pay the highest Life Insurance salary in MN. Due to the cost of living in different locations, the Life Insurance salary will also be different. Minneapolis with the highest wage for the Life Insurance in Minnesota has a high living wage too. Explore more salary information by clicking the city name.

States with Higher Salaries for Life Insurance

Life Insurance works in Minnesota will receive the highest salary in the United States, followed by California, New Jersey. These states have more job opportunities than other places. At the same time, the competition will be fiercer too. People need to improve their competitiveness to get a job in these cities.

How Much Do Similar Professions Get Paid in Minnesota?

The Life Insurance jobs have a lot of different directions. And, the job title can also be quite different from in diverse companies. Some job titles may not include the Life Insurance, while they have the Life Insurance responsibilities. So, here are some similar jobs and their salaries. Click the link which you are interested in to explore more data.
Life Insurance Agent
Average salary
United States
$41,858
per Year
Life Insurance Broker
Average salary
United States
$96,083
per Year
Life Insurance Specialist
Average salary
United States
$56,414
per Year
Life Insurance Underwriter
Average salary
United States
$57,805
per Year
Life Insurance Manager
Average salary
United States
$65,253
per Year
Life Insurance Producer
Average salary
United States
$91,647
per Year

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What Does a Life Insurance Do?

Term life insurance is a type of life insurance that guarantees payment of a death benefit during a specified time period.

December 18, 2021

Depending on the short- or long-term needs of the person to be insured, the major choice of whether to select temporary or permanent life insurance is important to consider.

December 17, 2021

—instead of choosing between a pension payout that offers a spousal benefit and one that doesn’t, pensioners can choose to accept their full pension and use some of the money to buy life insurance to benefit their spouse.

December 17, 2021

Life insurance is available to anyone, but the cost or premium level can vary greatly based on the risk level an individual presents based on factors like age, health, and lifestyle.

December 17, 2021

Is renewable term life insurance with coverage decreasing over the life of the policy at a predetermined rate.

December 16, 2021

Most Common Benefits for Life Insurance

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

Frequently Asked Questions

Common questions about salaries for a Life Insurance
Get a personal salary report to know Which factors can influence Life Insurance salary.
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Term life insurance is a type of life insurance that guarantees payment of a death benefit during a specified time period.
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Hopkins pays the highest Life Insurance wage. Get personal salary report to explore more salary information in different cities.
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The Life Insurance salary range is $33,033 to $57,908 in MN.
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