Can life insurance agents work part-time?
Asked by: Clinton Erdman | Last update: November 17, 2025Score: 4.4/5 (48 votes)
Is being a part-time insurance agent worth it?
Yes absolutely. Get those licenses and don't let them lapse, even if you decide to stop working in insurance for a while. Insurance is a massive, recession-proof, generally well-paying industry and a fantastic fall back. You will always have a job if you're licensed and have some experience.
Can you sell life insurance as a side job?
Yes, absolutely possible. There are people who are earning in six to seven figures selling life insurance part time. In this business, your time and effort is your investment. The more time you put in the better returns. Pls PM me if you want to learn more.
How many hours a week do insurance agents work?
How many hours per week does an insurance agent work? Most agents work full time and some work over 40 hours per week.
Why do most life insurance agents quit?
Research shows (opens in a new window) that 80% of finance and insurance agents feel they aren't valued at work; they feel they are “only evaluated on what went wrong or could have been done better.” This is a major issue for finding and retaining top talent, which is more important than ever (opens in a new window).
Life and Health Insurance Agent TIPS FOR BEGINNERS (3 Things You MUST KNOW Before Getting a License)
Why is life insurance so hard to sell?
Why Is Life Insurance So Hard To Sell? It's hard to sell because it deals with the topic of death. That's something many people find difficult to consider or discuss. Furthermore, it's hard to keep trying to sell because agents find that they can't make enough money to support themselves.
What is the failure rate for life insurance agents?
More than 90% of new agents quit the business within the first year. The rate increases to greater than 95% when extended to five years.
Can I work part-time in insurance?
You may find that the insurance industry can be a very profitable way to work for yourself, have a flexible schedule, and help the people you work with! A part-time insurance business is a great way to dip your toes in the water and find out if it's right for you.
Is it worth it to be a life insurance agent?
Is Selling Life Insurance a Good Way to Make Money? You can make a good living selling life insurance, especially if you continue to earn commissions on policies you have already sold. However, it is not an easy career, as it requires constantly working to find leads, build relationships, and make sales.
What is passive income for insurance agents?
Residual income is also called passive or recurring income. These are commissions tied to premium payments. The insurance company receives a commission by the time of the sale, then the agent receives an additional payment every time the policy holder renews the policy.
Can you sell life insurance at home?
Yes, you can sell life insurance from home. You'll need a state license to sell life insurance, and you may need a business license from your state or municipality as well. 51 A computer, high-speed internet connection, printer, and phone will allow you to work productively and meet virtually with clients.
Do insurance agents make their own schedules?
Flexible Schedule
Typically, insurance agents do not sit at a desk all day long. Your schedule will likely involve meetings and appointments with clients to help them find the right plan. The beauty in this is that you get to choose your own schedule and don't have to stay in one place.
How much do life insurance agents make per policy?
Typically, a life insurance agent receives anywhere from 30% to 90% of the amount paid for a policy (also known as the premium) by the client in the first year. In later years, the agent may receive anywhere from 3% to 10% of each year's premium, also known as "renewals" or "trailing commissions."
Can I sell life insurance part-time?
Fulfilling the duties and responsibilities of a part-time life insurance agent requires communication skills, flexibility, good judgment, and strict adherence to industry regulations. Obtaining licenses for selling other types of insurance can help you stand out from other applicants.
Can you be a part-time agent?
Yes, you can become a part-time real estate agent. However, similar to full-time real estate agents, you must earn a real estate license in your state. The licensing requirements vary by state, but they generally include the following steps: Complete pre-licensing coursework from a real estate school.
Is selling life insurance a good hustle?
A career selling insurance can be a good way to make money. It provides many opportunities to earn a high income with strong potential for growth. Because your income will mostly come from commissions, there can be no limit to how much you earn.
Can you make a living as a life insurance agent?
The most common way life insurance agents make money is through commissions. Generally, agents receive front-loaded commissions of 40% to up to 115% of the policy's first-year premiums, although the figure for renewals falls steeply to about 1% or 2%.
What are the cons of being an insurance agent?
Cons of working in insurance sales
For some people, the thought of earning commissions is appealing. For others, it can cause stress and worry about their future financial situation. New insurance agents often work long hours to build and strengthen relationships and get their names out in the industry.
What is the average age of a life insurance agent?
Insurance agents make on average $51,936 per year. The average age of an Employed insurance agent is 45.9 years old.
Can I sell insurance as a side hustle?
Selling insurance as a side hustle offers a flexible and potentially lucrative opportunity to earn extra income. Whether you're a stay-at-home parent, a college student, or a full-time employee looking to boost your earnings, becoming an insurance agent can provide a rewarding way to achieve your financial goals.
How long does it take to make money selling life insurance?
Most businesses don't make any profit in their first year of operating. It could take anywhere from 18 to 24 months for your insurance sales to actually provide profit. Don't feel discouraged. Every small business owner has to clear this hurdle.
Do part-time employees get life insurance?
Part-time employees may receive benefits, but it's usually at the discretion of their employers. As long as they follow all minimum federal, state and local requirements, businesses have the freedom to dictate the terms of their benefits packages and who is or isn't eligible.
Why did I quit being a life insurance agent?
I ran out of money to invest in leads. 26.2% voted a lack of money for leads as their primary reason why they quit. Less important reasons agents quit selling insurance include running out of prospects, personal issues like health problems, and discovering the business wasn't a right fit.
Do life insurance agents really make a lot of money?
A life insurance agent's income potential is uncapped. Some of the highest earners make well over six figures each year, while others choose to work as part-time insurance agents to earn some extra cash.
Why is it so hard to be an insurance agent?
Being an insurance agent can be quite stressful due to the high-pressure environment of sales jobs and the need to meet quotas. The uncertainty of income and the hard work required to build and maintain client relationships add to the stress levels.