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As of August 01, 2026, the average salary for a Licensed Life Insurance Agent in Virginia is $84,453 per year, which breaks down to an hourly rate of $41.
However, a Licensed Life Insurance Agent's salary can vary significantly. Here’s a look at the typical salary range:
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Licensed Life Insurance Agent Salaries by Percentile
| Annual Salary |
Monthly Pay |
Weekly Pay |
Hourly Wage |
|
| 75th Percentile | $95,272 | $7,939 | $1,832 | $46 |
| Average | $84,453 | $7,038 | $1,624 | $41 |
| 25th Percentile | $74,310 | $6,192 | $1,429 | $36 |
Experior Financial Group - Chesapeake, VA
Alchemy Financial Group - Norfolk, VA
Emergent Financial Group - Hampton, VA
OWN Consulting, LLC - Alexandria, VA
A Licensed Life Insurance Agent's salary isn't a fixed number. It's shaped by several important factors. Below, we'll explore how your years of experience, geographic location and company size can directly affect your earning potential.
Experience is a primary driver of a Licensed Life Insurance Agent's salary. As you build your skills and take on more complex tasks, your compensation generally increases. Here’s how the average salary grows at different career stages:
| Levels | Salary |
|---|---|
| Insurance... Level Licensed Life Insurance Agent | $61,954 |
| Licensed ... Level Licensed Life Insurance Agent | $85,158 |
| Insurance... Level Licensed Life Insurance Agent | $150,640 |
| Insurance... Level Licensed Life Insurance Agent | $203,911 |
| Insurance... Level Licensed Life Insurance Agent | $245,434 |
What Am I Worth?
Your salary can change significantly depending on where you work. States with a higher cost of living and strong industrial sectors often pay more to attract Licensed Life Insurance Agents. For example, consider the average annual salaries in these key locations:
Salaries can also vary between different cities. Major metropolitan areas or cities with a high demand for technicians often offer more competitive pay. Here are a few examples of average annual salaries in different U.S. cities:
For Licensed Life Insurance Agent roles, the industry you choose can impact your earning potential by as much as 25% (the gap between the highest and lowest paying industries). Data shows that the highest-paying industry, Insurance, offers compensation 10% above the average. Conversely, Licensed Life Insurance Agent positions in Business Services typically offer lower base pay, as this sector often view Licensed Life Insurance Agent as a support function rather than a direct revenue driver.
| Industry Sector | Average Annual Salary | Average Hourly Rate | Pay vs.Avg |
|---|---|---|---|
| Insurance | $92,899 | $45.0 | 10% |
| Financial Services | $88,676 | $43.0 | 5% |
Understanding how a Licensed Life Insurance Agent's annual salary breaks down can help with budgeting. Below, you can see the average hourly rate, weekly pay, and monthly pay for this role. Use the buttons to switch between different pay periods.
| Annual Salary | Monthly Pay | Weekly Pay | Hourly Wage | |
|---|---|---|---|---|
| 75th Percentile | $95,272 | $7,939 | $1,832 | $46 |
| Average | $84,453 | $7,038 | $1,624 | $41 |
| 25th Percentile | $74,310 | $6,192 | $1,429 | $36 |
Ready to take the next step in your career? Browse thousands of current Licensed Life Insurance Agent job openings on our job board. Use the search bar below to find your perfect match.
Woodmen Life
Chesapeake, VA
Woodmen Life | Chesapeake, VA
Job Description. Job Description. Build a Meaningful Career While Helping Families Protect Their Future. Are you motivated, people-oriented, and looking fo... more
3 Days Ago
Good As Gold Enterprise LLC
Norfolk, VA
Good As Gold Enterprise LLC | Norfolk, VA
Job DescriptionCareer Opportunity :Independent Life Insurance AgentLocation :Flexible / RemoteCompany Overview :Join a leading life insurance agency dedica... more
3 Days Ago
PeopleShare
Richmond, VA
PeopleShare | Richmond, VA
Job Description. Job Description. Protect What Matters Most — PeopleShare is now hiring Licensed Insurance Agents. Licensed Insurance Agent Job Details. Sc... more
2 Days Ago
Kemper
Lynchburg, VA
Kemper | Lynchburg, VA
Licensed Insurance Sales Agent. Location(s): Lynchburg, Virginia. Kemper is one of the nation's leading specialized insurers. Our success is a direct refle... more
2 Days Ago
Allstate Insurance Agency - Andras Bullock
Sandston, VA
Allstate Insurance Agency - Andras Bullock | Sandston, VA
Job Description. Job Description. Licensed Insurance Sales Agent. The Bullock Insurance Agency Incorporated. Sandston, VA | Full-Time. Join a Growing Agenc... more
3 Days Ago
Brightway Insurance | The Lurie Agency
Suffolk, VA
Brightway Insurance | The Lurie Agency | Suffolk, VA
Job Description. Job Description. Now hiring a. Licensed Insurance Sales Producer. to join our team. You will be responsible for expanding the company's bo... more
3 Days Ago
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