Licensed Life Insurance Agent Salaries in Michigan
How Much Does a Licensed Life Insurance Agent Make in Michigan?
Updated May 01, 2025
As of May 01, 2025,
the average annual pay of Licensed Life Insurance Agent in Michigan is $92,634.
While Salary.com is seeing that Licensed Life Insurance Agent salary in MI can go up to $128,789
or down to $66,592, but most earn between $79,002 and $111,559.
Salary ranges can vary widely depending on many important factors,
including education, certifications, additional skills, and your experience levels.
With more online, real-time compensation data than any other website, Salary.com helps you determine your exact pay target.
Related Job Titles to Licensed Life Insurance Agent
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Similar Job Salaries to Licensed Life Insurance Agent by Company
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| Company | average base salary in (usd) | range |
|---|---|---|
|
Tawanda Brown-Hibbler Agency LLC
Licensed Insurance Agent (Property & Casualty / Life & Health)
|
$153,511/yr
|
RANGE: $117,634 - $189,389
|
|
The Price Group
Remote Licensed Life Insurance Agent Exclusive Leads
|
$200,807/yr
|
RANGE: $153,067 - $248,546
|
|
InsuraTec Services Group
LIFE INSURANCE AGENT - REMOTE
|
$153,511/yr
|
RANGE: $117,634 - $189,389
|
|
Pedoneagency
Life Insurance Agent
|
$93,956/yr
|
RANGE: $76,128 - $111,784
|
|
Globe Life: American Income Division - Zach Shearer
Life Insurance Sales Agent
|
$155,039/yr
|
RANGE: $118,804 - $191,273
|
|
USA Life Insurance Group, LLC
Life Insurance Agent
|
$92,801/yr
|
RANGE: $75,192 - $110,410
|
|
New York Life West Michigan
Life Insurance Agent
|
$90,708/yr
|
RANGE: $72,751 - $108,666
|
|
UniTrust Financial Group
Life Insurance Agent
|
$160,121/yr
|
RANGE: $127,165 - $193,077
|
|
Ea Agency / Symmetry Financial Group
Life Insurance Sales Agent
|
$112,129/yr
|
RANGE: $90,961 - $133,296
|
Top 10 Highest Paying Cities For Licensed Life Insurance Agent Jobs in Michigan
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 Michigan.
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 Michigan.
Ann Arbor takes first place in this list, followed by Canton, Novi.
The Licensed Life Insurance Agent salary is $94,562 in Ann Arbor,
which is higher than the national average. There are 6 cities' Licensed Life Insurance Agent salary higher than national average in Michigan.
The average salary for a Licensed Life Insurance Agent in Michigan is $92,634,
but we found that the city with the highest salary for Licensed Life Insurance Agent jobs is Ann Arbor, MI, and it is higher than Canton.
Licensed Life Insurance Agent jobs in Ann Arbor can have the opportunity to earn higher salaries than in other cities in Michigan.
| CITY | ANNUAL SALARY | MONTHLY PAY | WEEKLY PAY | HOURLY WAGE |
| Ann Arbor | $94,562 | $7,880 | $1,819 | $45 |
| Canton | $94,412 | $7,868 | $1,816 | $45 |
| Novi | $94,111 | $7,843 | $1,810 | $45 |
| Detroit | $94,073 | $7,839 | $1,809 | $45 |
| Warren | $94,073 | $7,839 | $1,809 | $45 |
| Dearborn | $94,073 | $7,839 | $1,809 | $45 |
| Dearborn Heights | $94,026 | $7,836 | $1,808 | $45 |
| Royal Oak | $93,970 | $7,831 | $1,807 | $45 |
| Westland | $93,942 | $7,828 | $1,807 | $45 |
| Taylor | $93,923 | $7,827 | $1,806 | $45 |
What Does a Licensed Life Insurance Agent Do?
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
A life insurance license permits you to sell annuities, term, and cash value (commonly called whole or universal) life insurance.
Updated December 05, 2021
But if you have a good understanding of the topics, you have a good chance of passing the life insurance exam.
Updated November 15, 2021
You need to be at least 18 years old to earn your life insurance license, and in some states, you’ll be earning a joint life and health insurance license.
Updated November 03, 2021
As mentioned before, a life insurance agent is not a profession for the thin-skinned or faint of heart.
Updated September 29, 2021
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Explore JobArchitectFrequently Asked Questions About a Licensed Life Insurance Agent Salaries
What is the average of a Licensed Life Insurance Agent in Michigan?
The Licensed Life Insurance Agent salary range is from $79,002 to $111,559, and the average Licensed Life Insurance Agent salary is $92,634/year in Michigan.
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 Santa Clara, CA is $118,643
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.
