How Much Does a Licensed Life Insurance Agent Make in Illinois?

Updated March 26, 2024
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Individually reported data submitted by users of our website

Low Confidence
$93,331/yr
Average Base Pay
Low $79,588
Average $93,331
High $112,400
The average salary for Licensed Life Insurance Agent is $93,331 per year in Illinois.

Related Job Titles to Licensed Life Insurance Agent

Life Insurance Agent
$41,752
Illinois
Per Year
Licensed Insurance Agent
$91,423
Illinois
Per Year
Life and Health Insurance Agent
$55,828
Illinois
Per Year
Life Insurance Sales Agent
$93,331
Illinois
Per Year

Similar Job Salaries to Licensed Life Insurance Agent by Company

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Company average base salary in (usd) range
American Assurance USA
Licensed Life Insurance Agent
$75,507/yr
$60,580
$90,433
RANGE: $60,580 - $90,433
Pappas Agency
Licensed Life Insurance Agent
$125,651/yr
$101,271
$150,031
RANGE: $101,271 - $150,031
AMG S Group
Licensed Life Insurance Broker!
$122,304/yr
$97,197
$147,411
RANGE: $97,197 - $147,411

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Top 10 Highest Paying Cities For Licensed Life Insurance Agent Jobs in Illinois

It is important to understand how location impacts your career prospects in the United States. There are some cities where a Licensed Life Insurance Agent can find a job easily with a greater salary paid then achieve a higher standard of living. Below is the top cities list for Licensed Life Insurance Agent job salaries in Illinois. Some cities can pay higher salaries for Licensed Life Insurance Agent jobs, which can indicate that there is a large demand for Licensed Life Insurance Agent positions in this city.
The following table shows top 10 cities where the Licensed Life Insurance Agent salary is higher than other cities in Illinois. Chicago takes first place in this list, followed by Cicero, Evanston. The Licensed Life Insurance Agent salary is $95,703 in Chicago, which is higher than the national average. There are 20 cities' Licensed Life Insurance Agent salary higher than national average in Illinois.
The average salary for a Licensed Life Insurance Agent in Illinois is $93,331, but we found that the city with the highest salary for Licensed Life Insurance Agent jobs is Chicago, IL, and it is higher than Cicero. Licensed Life Insurance Agent jobs in Chicago can have the opportunity to earn higher salaries than in other cities in Illinois.
CITY ANNUAL SALARY MONTHLY PAY WEEKLY PAY HOURLY WAGE
Chicago $95,703 $7,975 $1,840 $46
Cicero $95,703 $7,975 $1,840 $46
Evanston $95,703 $7,975 $1,840 $46
Oak Park $95,703 $7,975 $1,840 $46
Skokie $95,703 $7,975 $1,840 $46
Oak Lawn $95,612 $7,968 $1,839 $46
Des Plaines $95,430 $7,952 $1,835 $46
Mount Prospect $95,338 $7,945 $1,833 $46
Aurora $95,156 $7,930 $1,830 $46
Hoffman Estates $94,700 $7,892 $1,821 $46

What Does a Licensed Life Insurance Agent Do?

A life and health insurance license enables you to sell these life insurance products, plus policies that provide protection for medical expenses, loss of income due to a disability, and the need for long-term care.
Updated December 13, 2021
(ranging from auto insurance to health insurance), the most lucrative career in the insurance field is for those selling life insurance.
Updated December 20, 2021
Due to the high turnover rate of insurance agents, most companies prominently post their job listings by geographical area, which makes them easily searchable for you.
Updated December 19, 2021
Those who have a knack for selling life insurance, and the perseverance to grind through the tough early years, can make a lot of money and retire with a high degree of financial worth.
Updated December 19, 2021
Life insurance agents might be given a small salary to get started but are otherwise primarily dependent on commissions to make a living.
Updated December 18, 2021

Frequently Asked Questions About a Licensed Life Insurance Agent Salaries

What is the average of a Licensed Life Insurance Agent in Illinois?

The Licensed Life Insurance Agent salary range is from $79,588 to $112,400, and the average Licensed Life Insurance Agent salary is $93,331/year in Illinois. The Licensed Life Insurance Agent's salary will change in different locations.

Which location pays the highest Licensed Life Insurance Agent salary in the United States?

The Licensed Life Insurance Agent salary in San Jose, CA is $114,497 which is the highest in the US.

What kinds of reasons will influence the Licensed Life Insurance Agent's salary?

Besides the location, employees' education degree, related skills, and work experience also will influence the salary. Try to improve your skills and experience to get a higher salary for the position of Licensed Life Insurance Agent.

What is the growth rate of the Licensed Life Insurance Agent's salary?

If you are thinking of becoming a Licensed Life Insurance Agent or planning the next step in your career, find the detailed salary report of a Licensed Life Insurance Agent.