When an agent offers insurance or financial products, they're not merely selling products, they're developing relationships. Agent's relationship with their customers, as well as the trust customers place both in the agent and in the products offered, are critical components to an agent's ultimate success. Agents provide very intimate services in the insurance and financial marketplace. They meet with and know their clients on a personal level. The responsibilities of an agent include: contacting new people, meeting with them and fact-finding to gather necessary information regarding their present situation, providing analysis of situations and, ultimately, presenting solutions that help meet objectives.
High Earning Potential
Sales agents will have the ability to set their own pace and establish their own income objectives. As a New York Life agent, an individual is the master of his or her own career path.
TAS – Monthly Training Allowance Stipend for first 2 years
1st year licensing bonuses
1st year productivity bonus
Weekly Activity Based Stipend
National Proactive
Established Agents
$113,789
$67,171
$154,410
$106,407
National Proactive
New Org Agents
$41,544
$32,105
$68,419
$57,139
National Top 25%
Established Agents
$277,334
$207,155
$334,099
$273,322
National Top 25%
New Org Agents
$78,027
$63,937
$117,512
$100,055
Figures represent first -year commission and income for agents under contract as of 12/31/2020.
Proactive Agents have met New York Life's annual sales production requirements.
First-year commissions are commissions that are based on first-year premiums and considerations paid by the policyowner.
Income may include first year and renewal commissions, training allowance, expense allowance, Premium Drawing NYLIC, and other miscellaneous income.
New Org Agents here are those who have been with the company under a full-time contract from 2017 to 2019, as of 12/31/2020.
Established Agents are those who have been with the company 4 or more full calendar years as of 12/31/2020. Income reported here includes only those agents who were under full-time Agent's Contract (Form N9) during that period.
Generous Benefits Package
Not only do we boast an outstanding incentive commission program, we also offer excellent medical and dental benefits for which agents and their families may qualify. We even offer company reimbursement for selected programs leading to industry designations and degrees.
*These benefits are offered based on performance, not every agent may qualify
Equal Opportunity Employer M/F/D/V/SO