10 Best Companies For Life Insurance Agents 2024 - Zippia (2024)

The best companies for life insurance agents to work for in 2024 are American Income Life Insurance and Assurance. If you are looking for the best-paying companies for life insurance agents, you should consider AIG with a median life insurance agent salary of $105,529 or Family First Life with a median salary of $80,185.

10 best companies for Life insurance agents

  • 1. American Income Life Insurance

    Zippia Score 4.5

    Average Life Insurance Agent Salary: $75,078
    #1 Top Company For Life Insurance Agents

    Company Highlights:

    American Income is a wholly owned subsidiary of Globe (NYSE: GL), an S&P 500 Company. Fortune 600 Company.American Income is an international company protecting working families in the United States, Canada, New Zealand, and through our wholly-owned subsidiary, National Income Life Insurance Company, in New York. With over $59 billion of assets, we have a focus on the Denver metro area in 2021.Forbes, "Happiest Places to Work in America"Denver Post, "Top Work Place," 2015, 2016, 2017, 2018, 2019, 2020Globe Life ranked #2 in the J.D. Power 2020 U.S. Overall Customer Satisfaction IndexBetter Business Bureau, A+ Rating A.M. Best, A+ (Superior) Financial Strength RatingGlobe Life Stadium, Hosted the 2020 Major League Baseball World SeriesGlobe Life, "Official Insurance Company for The Dallas Cowboys"

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    • Learn More About American Income Life Insurance:
    • American Income Life Insurance Overview
    • American Income Life Insurance Salaries
    • American Income Life Insurance Jobs
  • 2. Assurance

    Zippia Score 4.9

    Average Life Insurance Agent Salary: $66,838
    #2 Top Company For Life Insurance Agents

    Company Description:

    Placing quality insurance coverage is just the beginning. Keeping your workplace safe and employees healthy is what drives long term value. Find out how with Assurance!

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    • Learn More About Assurance:
    • Assurance Overview
    • Assurance Salaries
    • Assurance Jobs
  • 3. Primerica

    Zippia Score 4.8

    Average Life Insurance Agent Salary: $36,162
    #3 Top Company For Life Insurance Agents

    Company Description:

    We help manage client and business financial's through financial planning and asset management.

    • Learn More About Primerica:
    • Primerica Overview
    • Primerica Salaries
    • Primerica Jobs
  • 4. New York Life Insurance

    Zippia Score 4.8

    Average Life Insurance Agent Salary: $68,675
    #4 Top Company For Life Insurance Agents

    Company Description:

    New York Life Insurance Company (NYLIC) is the largest mutual life-insurance company in the United States, and one of the largest life insurers in the world, ranking #88 on the 2014 Fortune 500 list with over $540 billion in total assets under management, and more than $19 billion in surplus and AVR. In 2007, NYLIC achieved the best possible ratings by the four independent rating companies (Standard & Poor's, AM Best, Moody's and Fitch). In June 2009, the same four rating companies reaffirmed New York Life's "superior" financial strength, which became a selling point in national TV ad campaigns that same year. The company is now one of only three life insurers to hold the highest ratings currently awarded to any life insurer by all four rating agencies (Moody's: Aaa, A.M. Best: A++. Standards & Poor's: AA+, Fitch: AAA. All of these are for financial strength. Other New York Life affiliates provide an array of securities products and services, as well as institutional and retail mutual funds.

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    • Learn More About New York Life Insurance:
    • New York Life Insurance Overview
    • New York Life Insurance Salaries
    • New York Life Insurance Jobs
  • 5. National Agents Alliance

    Zippia Score 3.9

    Average Life Insurance Agent Salary: $63,431
    #5 Top Company For Life Insurance Agents

    Company Mission Statement:

    Provide financial stability to those that desire it in a fun environment built on leadership, trust, and loyalty.

    • Learn More About National Agents Alliance:
    • National Agents Alliance Overview
    • National Agents Alliance Salaries
    • National Agents Alliance Jobs
  • 6. Lincoln Heritage

    Zippia Score 4.7

    Average Life Insurance Agent Salary: $62,543
    #6 Top Company For Life Insurance Agents

    Company Description:

    Lincoln Heritage Life Insurance Company is the nation's largest final expense insurer. Family owned and operated since 1963, we offer solutions for people looking to protect their loved ones from rising funeral costs and other end of life expenses. Get...

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    • Learn More About Lincoln Heritage:
    • Lincoln Heritage Overview
    • Lincoln Heritage Jobs
  • 7. Family First Life

    Average Life Insurance Agent Salary: $80,185
    #7 Top Company For Life Insurance Agents

    Company Description:

    Family First Life Southeast distributes life, annuity, final expense and mortgage insurance products from carriers such as Global Atlantic, Americo, AIG, Transamerica, Foresters Financial, John Hanco*ck, Mutual of Omaha, Royal Neighbors of America, and Athene.

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    • Learn More About Family First Life:
    • Family First Life Overview
    • Family First Life Salaries
    • Family First Life Jobs
  • 8. World Financial Group

    Zippia Score 4.7

    Average Life Insurance Agent Salary: $81,025
    #8 Top Company For Life Insurance Agents

    Company Description:

    169202 World Financial Group is a multi-level marketing company based in Johns Creek, Georgia, a suburb of Atlanta, which sells investment, insurance, and various other financial products through a network of distributors in the United States, Canada, ...

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    • Learn More About World Financial Group:
    • World Financial Group Overview
    • World Financial Group Salaries
    • World Financial Group Jobs
  • 9. Aflac

    Zippia Score 4.8

    Average Life Insurance Agent Salary: $83,768
    #9 Top Company For Life Insurance Agents

    Company Description:

    Aflac is a financial services company that offers supplemental and renewable insurance solutions to individuals and businesses in the United States. The company offers a range of insurance products to individuals and families, employers, brokers, and agents. Its product portfolio includes accident, cancer, critical illness, life, hospital, short-term disability, dental, and vision insurance policies. It also offers many services to employers, including cafeteria plans, policyholder change plans, COBRA administration, commuter spending accounts, HSA and HRA incentives, and enrollment solutions. Aflac was founded in 1955 and is based in Columbus, Georgia.

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    • Learn More About Aflac:
    • Aflac Overview
    • Aflac Salaries
    • Aflac Jobs
  • 10. National Life Group

    Zippia Score 4.7

    Average Life Insurance Agent Salary: $61,978
    #10 Top Company For Life Insurance Agents

    Company Description:

    National Life Group is a group of financial service companies that offers life insurance and annuity products for individuals, families, and businesses.

    • Learn More About National Life Group:
    • National Life Group Overview
    • National Life Group Salaries
    • National Life Group Jobs

10 highest paying companies for Life insurance agents

  • 1. AIG

    Zippia Score 4.8

    Average Life Insurance Agent Salary: $105,529
    #1 Highest Paying Company For Life Insurance Agents

    Company Highlights:

    American General Life Insurance Company, Inc. offers life insurance products for the individuals. This company provides universal, index universal, variable universal, whole life, and term life insurance products. American General Life Insurance Company, Inc. was incorporated in 1960 and is based in Houston, Texas, and they operate as a subsidiary of AGC Life Insurance Company.

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    • Learn More About AIG:
    • AIG Overview
    • AIG Salaries
    • AIG Jobs
  • 2. Family First Life

    Zippia Score 4.5

    Average Life Insurance Agent Salary: $80,185
    #2 Highest Paying Company For Life Insurance Agents

    Company Description:

    Family First Life Southeast distributes life, annuity, final expense and mortgage insurance products from carriers such as Global Atlantic, Americo, AIG, Transamerica, Foresters Financial, John Hanco*ck, Mutual of Omaha, Royal Neighbors of America, and Athene.

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    • Learn More About Family First Life:
    • Family First Life Overview
    • Family First Life Salaries
    • Family First Life Jobs
  • 3. The Insurance House

    Zippia Score 4.7

    Average Life Insurance Agent Salary: $71,228
    #3 Highest Paying Company For Life Insurance Agents

    Company Description:

    Independent Insurance Agency. We do not work for an insurance company; we work on your side when you have a loss and follow through to see that you get fair, prompt payment. We have 8 licensed agents. We represent a carefully selected group of financia...

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    • Learn More About The Insurance House:
    • The Insurance House Overview
    • The Insurance House Salaries
    • The Insurance House Jobs
  • Zippia Score 4.6

    Average Life Insurance Agent Salary: $68,743
    #4 Highest Paying Company For Life Insurance Agents

    Company Description:

    Brown & Brown, Inc. is the sixth largest independent insurance brokerage in the nation. We provide risk management solutions to help protect what our customers value most. Our four business segments, Retail, National Programs, Wholesale, and Services, offer insurance products and services to businesses, corporations, governmental institutions, professional organizations, trade associations, families, and individuals. The Brown & Brown culture is built on integrity, innovation, superior capabilities, and discipline. We look at insurance differently and use our experience, carrier relationships, and principled customer focus to deliver superior service and solutions. With 80 years of proven success, Brown & Brown is one of the industry's most powerful and influential leaders.

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  • 5. New York Life Insurance

    Zippia Score 4.8

    Average Life Insurance Agent Salary: $68,675
    #5 Highest Paying Company For Life Insurance Agents

    Company Description:

    New York Life Insurance Company (NYLIC) is the largest mutual life-insurance company in the United States, and one of the largest life insurers in the world, ranking #88 on the 2014 Fortune 500 list with over $540 billion in total assets under management, and more than $19 billion in surplus and AVR. In 2007, NYLIC achieved the best possible ratings by the four independent rating companies (Standard & Poor's, AM Best, Moody's and Fitch). In June 2009, the same four rating companies reaffirmed New York Life's "superior" financial strength, which became a selling point in national TV ad campaigns that same year. The company is now one of only three life insurers to hold the highest ratings currently awarded to any life insurer by all four rating agencies (Moody's: Aaa, A.M. Best: A++. Standards & Poor's: AA+, Fitch: AAA. All of these are for financial strength. Other New York Life affiliates provide an array of securities products and services, as well as institutional and retail mutual funds.

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    • Learn More About New York Life Insurance:
    • New York Life Insurance Overview
    • New York Life Insurance Salaries
    • New York Life Insurance Jobs
  • 6. Assurance

    Zippia Score 4.9

    Average Life Insurance Agent Salary: $66,838
    #6 Highest Paying Company For Life Insurance Agents

    Company Description:

    Placing quality insurance coverage is just the beginning. Keeping your workplace safe and employees healthy is what drives long term value. Find out how with Assurance!

    Show More

    • Learn More About Assurance:
    • Assurance Overview
    • Assurance Salaries
    • Assurance Jobs
  • 7. Prominence Advisors

    Zippia Score 4.0

    Average Life Insurance Agent Salary: $65,018
    #7 Highest Paying Company For Life Insurance Agents

    Company Description:

    As veterans in healthcare, we understand the work you have on your plate. Whether you're knee-deep in an implementation or years into your optimization, you have competing priorities. They want to help you achieve your goals, regardless of the many moving parts. Their clients look to us to fill high-level project management roles, driving strategic process improvement. They look to us to manage complex projects such as double upgrades, mergers, and ACO reporting. They look to us to guide reporting infrastructure, solve difficult analytic problems across data sources, and facilitate effective use of Epic's Cogito Data Warehouse. They come back to us for future projects because they are honest and effective.

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    • Learn More About Prominence Advisors:
    • Prominence Advisors Overview
    • Prominence Advisors Jobs
  • 8. Prudential Bank

    Zippia Score 4.7

    Average Life Insurance Agent Salary: $64,648
    #8 Highest Paying Company For Life Insurance Agents

    Company Description:

    Prudential Savings Bank is a Pennsylvania chartered savings bank originally organized in 1886 as a Pennsylvania chartered mutual building and loan association. We were originally known as "The South Philadelphia Building and Loan Association No. 2". We converted to a mutual savings bank in August 2004, to a Mutual Holding Company structure in March 2005 and subsequently to a wholly owned stock subsidiary of Prudential Bancorp, Inc. in October 2013.

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    • Learn More About Prudential Bank:
    • Prudential Bank Overview
    • Prudential Bank Salaries
    • Prudential Bank Jobs
  • 9. Symmetry Financial Group

    Zippia Score 4.0

    Average Life Insurance Agent Salary: $64,327
    #9 Highest Paying Company For Life Insurance Agents

    Company Description:

    Symmetry Financial Group offers life insurance, mortgage protection, critical illness insurance, disability insurance, retirement protection, and much more to families all across the United States. With the unique ability to choose from more than 30 top-rated national providers, our clients can create customized coverage plans to ensure that they can live their best lives and protect their loved ones for years to come. Based in Swannanoa, North Carolina, Symmetry Financial Group was founded to help independent insurance agents and growing agencies bring balance to their personal and professional lives while providing clients with the highest quality products that our industry has to offer. Our sales teams have access to the most innovative marketing and lead generation programs; an extremely competitive portfolio of products and services designed with our clients' needs in mind; and the expertise, knowledge, and vision to deliver consistently on our promises. Independent insurance agents at Symmetry Financial Group have all of the resources they need to succeed, including a contracting department to address any licensing issues or concerns, a service team that handles applications, status reports, and commission inquiries, and a marketing department that works tirelessly to help each agent reach more clients. Symmetry Financial Group also provides agents with a digital suite of tools to support their efforts in developing product-level expertise, reaching more clients, and supporting their clients' life and estate planning. More than anything else, we are committed to making sure that parents, grandparents, and spouses can protect their loved ones if the unthinkable happens. It's what inspires our nationwide network of agents to provide competitive, comprehensive coverage uniquely catered to our clients' needs, no matter where they live or how old they are, and why we're continuing to build one of the most powerful independent insurance groups in the country. Learn more at https://sfglife.com.

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    • Learn More About Symmetry Financial Group:
    • Symmetry Financial Group Overview
    • Symmetry Financial Group Salaries
    • Symmetry Financial Group Jobs
  • 10. The Assurance Group

    Zippia Score 4.6

    Average Life Insurance Agent Salary: $63,709
    #10 Highest Paying Company For Life Insurance Agents

    Company Description:

    Having developed a sales platform, lead system and customer base that offer career and broker sales agents a complete turn-key selling system, TAG continues their rapid growth and market expansion through opportunities to partner with select, leading t...

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    • Learn More About The Assurance Group:
    • The Assurance Group Overview
    • The Assurance Group Salaries
    • The Assurance Group Jobs

Choose from 10+ customizable life insurance agent resume templates

Choose from a variety of easy-to-use life insurance agent resume templates and get expert advice from Zippia’s AI resume writer along the way. Using pre-approved templates, you can rest assured that the structure and format of your life insurance agent resume is top notch. Choose a template with the colors, fonts & text sizes that are appropriate for your industry.

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Top companies for life insurance agents in US

RankCompanyAvg. SalaryJobs
1American Income Life Insurance$75,07819
2Assurance$66,838-
3Primerica$36,1624
4New York Life Insurance$68,675103
5National Agents Alliance$63,431-
6Lincoln Heritage$62,543-
7Family First Life$80,1855
8World Financial Group$81,025-
9Aflac$83,76836
10National Life Group$61,978-

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10 Best Companies For Life Insurance Agents 2024 - Zippia (2024)

FAQs

10 Best Companies For Life Insurance Agents 2024 - Zippia? ›

State Farm

The scoring formula takes into account consumer complaint and customer satisfaction data. Bottom line: State Farm topped the list in J.D. Power's 2023 U.S. Life Insurance Study for customer satisfaction, and offers highly customizable term, whole and universal policies.

Which life insurance company pays agents the most? ›

Top companies for Insurance Agents in United States
  • Family First Life. 3.5 $114,181per year. 417 reviews54 salaries reported.
  • New York Life. 3.7 $80,828per year. 3,913 reviews257 salaries reported.
  • Farmers Insurance Group. 3.5 $67,888per year. ...
  • Aflac. 3.5 $64,459per year. ...
  • GEICO. 3.2 $62,402per year. ...
  • Show more companies.

Which company offers the best life insurance? ›

Top life insurance companies
CompanyBest forAM Best Financial Strength Rating
NationwideCustomer satisfactionA (Excellent)
Northwestern MutualUniversal life insuranceA++ (Superior)
PrudentialPolicy personalizationA+ (Superior)
State FarmTerm life insuranceA++ (Superior)
3 more rows

What life insurance company pays the most? ›

Top paying companies in Insurance for Life Insurance Agent are New York Life, National Income Life, and Equis Financial.
  • New York Life. $128,025.
  • National Income Life. $107,118.
  • Equis Financial. $101,948.

Which life insurance company has the highest customer satisfaction? ›

State Farm

The scoring formula takes into account consumer complaint and customer satisfaction data. Bottom line: State Farm topped the list in J.D. Power's 2023 U.S. Life Insurance Study for customer satisfaction, and offers highly customizable term, whole and universal policies.

Which insurance company gives the best commission? ›

1,236 crore to agents in FY 2021. Max Life and LIC are the highest commission paying life insurers in India as their commission outgo is in excess of 5.5% of their total premium income, shows LIC's draft IPO prospectus. Max Life pays the highest commission to agents.

What is the most lucrative insurance to sell? ›

Life insurance is the most profitable—and the hardest—type of insurance to sell. With the highest premiums and the longest-running contract, it brings in cash over a long period of time. In the first year, agents make the largest annual sum on a policy, bringing in anywhere from 40–120% of the policy premium.

What type of life insurance pays highest commission? ›

Whole life insurance commission rates

Insurance agents receive the highest commission rates for whole life insurance plans, often more than 100% of the total premiums for the policy's first year. The exact percentage depends on the age of the policyholder.

Who is the most trusted insurance company? ›

Best Car Insurance Companies of June 2024
Best car insurance categoryCompany winner
Best insurance company overallTravelers
Best insurance company for affordabilityAmerican Family
Best insurance company for accident forgivenessGeico
Best insurance company for having few customer complaintsNJM
4 more rows
5 days ago

Which is the leading life insurance company? ›

S.noInsurance CompanyCSR (2022-2023)
1.LIC of India98.74%
2.Max Life Insurance99.34%
3.HDFC Life Insurance98.66%
4.ICICI Prudential Life Insurance97.82%
6 more rows

What is the best life insurance for seniors? ›

6 Best Senior Life Insurance Company Ratings
  • Fidelity Life: Our top pick for seniors.
  • MassMutual: Our pick for guaranteed issue coverage for seniors.
  • State Farm: Our pick for customer satisfaction.
  • Northwestern Mutual: Our pick for a personalized experience.
  • Mutual of Omaha: Our pick for accelerated death benefits.

What is the #1 insurance in America? ›

1. State Farm. State Farm is the largest car insurance provider in the US, accounting for almost 17% of the overall market.

Do life insurance agents really make a lot of money? ›

Whether you are selling them to employers or individuals, these policies tend to be large, with significant annual premiums. In the first year, a life insurance agent can earn anywhere from 30% to 90% of this premium, along with 5% to 10% of premiums paid in later years.

What is the most you can make selling life insurance? ›

While ZipRecruiter is seeing salaries as high as $144,088 and as low as $34,542, the majority of Life Insurance Sales Agent salaries currently range between $101,200 (25th percentile) to $131,300 (75th percentile) with top earners (90th percentile) making $140,633 annually in California.

Which insurance company makes the most money? ›

Berkshire Hathaway is the leading insurance company by revenue. Insurance companies offer policies for losses due to accidents, health issues, property damage, and professional liability.

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