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

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

Low Confidence
$94,061/yr
Average Base Pay
Low $80,210
Average $94,061
High $113,279
The average salary for Licensed Life Insurance Agent is $94,061 per year in Maryland.

Related Job Titles to Licensed Life Insurance Agent

Life Insurance Agent
$42,079
Maryland
Per Year
Licensed Insurance Agent
$92,137
Maryland
Per Year
Life and Health Insurance Agent
$56,265
Maryland
Per Year
Life Insurance Sales Agent
$94,061
Maryland
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
$83,344/yr
$66,227
$100,462
RANGE: $66,227 - $100,462
Sullivan Agency
Licensed Life and Health Insurance Agent
$121,479/yr
$100,153
$142,805
RANGE: $100,153 - $142,805
Quility
Licensed Life Insurance Agent Real Fast Income
$100,933/yr
$77,739
$124,127
RANGE: $77,739 - $124,127
Pope Insurance Group (A Security National Life Insurance Company Agency)
Licensed MD Life Insurance Agent for Security National
$92,050/yr
$73,312
$110,788
RANGE: $73,312 - $110,788
First Guardian Financial
Life Insurance Agent
$74,641/yr
$65,161
$84,121
RANGE: $65,161 - $84,121
Sullivan Agency
Life Insurance Sales Agent
$133,470/yr
$106,070
$160,869
RANGE: $106,070 - $160,869
Rocc Insurance Group
Life Insurance Agent
$133,470/yr
$106,070
$160,869
RANGE: $106,070 - $160,869
Kemper
Life Insurance Sales Agent
$102,803/yr
$84,698
$120,908
RANGE: $84,698 - $120,908
Lumina Financial Solutions
Life insurance agent
$171,949/yr
$131,445
$212,452
RANGE: $131,445 - $212,452

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

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 Maryland. 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 Maryland. Silver Spring takes first place in this list, followed by Bethesda, Potomac. The Licensed Life Insurance Agent salary is $101,542 in Silver Spring, which is higher than the national average. There are 15 cities' Licensed Life Insurance Agent salary higher than national average in Maryland.
The average salary for a Licensed Life Insurance Agent in Maryland is $94,061, but we found that the city with the highest salary for Licensed Life Insurance Agent jobs is Silver Spring, MD, and it is higher than Bethesda. Licensed Life Insurance Agent jobs in Silver Spring can have the opportunity to earn higher salaries than in other cities in Maryland.
CITY ANNUAL SALARY MONTHLY PAY WEEKLY PAY HOURLY WAGE
Silver Spring $101,542 $8,462 $1,953 $49
Bethesda $101,542 $8,462 $1,953 $49
Potomac $101,542 $8,462 $1,953 $49
Rockville $101,451 $8,454 $1,951 $49
Bowie $101,360 $8,447 $1,949 $49
Waldorf $101,269 $8,439 $1,947 $49
Gaithersburg $101,269 $8,439 $1,947 $49
Germantown $98,532 $8,211 $1,895 $47
Frederick $97,984 $8,165 $1,884 $47
Baltimore $93,787 $7,816 $1,804 $45

What Does a Licensed Life Insurance Agent Do?

(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
Insurance agents are currently licensed by the individual state or states in which they'll be selling insurance.
Updated December 13, 2021

Frequently Asked Questions About a Licensed Life Insurance Agent Salaries

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

The Licensed Life Insurance Agent salary range is from $80,210 to $113,279, and the average Licensed Life Insurance Agent salary is $94,061/year in Maryland. 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.