
New York Life Insurance agents have the potential to earn a six-figure income, with some agents earning upwards of $200,000 per year.
To become a New York Life Insurance agent, you typically need to be at least 18 years old and have a high school diploma or equivalent.
New York Life Insurance offers a comprehensive training program for new agents, which includes online courses, in-person training sessions, and ongoing support.
This training program is designed to help new agents learn the skills and knowledge they need to succeed in the field.
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Becoming a Life Insurance Agent
To become a New York Life Insurance Agent, you'll need to meet the state's licensing requirements.
New York requires a minimum of 72 hours of pre-licensing education. This can be completed online or in a classroom setting.
To get started, you'll need to apply for a license through the New York State Department of Financial Services.
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Explore Careers
As a financial professional, a life insurance agent's day is filled with serving clients. New York Life is an Equal Opportunity Employer, which means they welcome candidates from diverse backgrounds.
To work as a life insurance agent, you'll need to be a part of a company that values diversity, such as New York Life. They're committed to creating an inclusive workplace for everyone.
Income Potential

Becoming a life insurance agent offers a commission-based compensation structure, which means your earnings will directly reflect your sales performance. This structure allows for high earning potential, especially for those who are skilled at building relationships and selling policies.
You'll have the opportunity to earn competitive benefits as part of your overall compensation package. These benefits can add up to make a significant difference in your take-home pay.
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Support from a Stable Company
New York Life has over 175 years of experience, making it a stable company to build a career with.
As an agent, you'll have the opportunity to pursue becoming a Financial Advisor with Eagle Strategies LLC, a Registered Investment Advisor and a New York Life Company.
To transition to management, a financial professional must meet certain production, licensing, and other internal requirements.
With over 175 years of experience, New York Life has a proven track record of success and stability.
A financial professional must meet production, licensing, and other internal requirements before transitioning to management, so it's essential to understand these requirements from the start.
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Working as a Life Insurance Agent

As a Life Insurance Agent, your day is filled with serving clients and providing them with the protection they need. New York Life is committed to equality in the workplace, being an Equal Opportunity Employer for all.
You'll work with families and businesses to provide insurance-based protection products and retirement solutions. This can be a rewarding career, helping people plan for their future and protect their loved ones.
New York Life takes pride in its companies, with NYLIFE Securities and Eagle Strategies being part of the organization.
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Finding the Right Agent
New York Life insurance agents are licensed professionals who must pass a rigorous exam to become certified, so you can trust they have the knowledge to guide you through the process.
New York Life requires its agents to complete 20 hours of continuing education every two years, ensuring they stay up-to-date on industry developments and products.
Look for an agent with a strong track record of success, as this can be a good indicator of their ability to navigate the complexities of insurance policies.
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A good agent will take the time to understand your unique needs and goals, and will work with you to create a personalized plan that meets your budget and expectations.
New York Life agents are not limited to selling only New York Life products, they can also offer a range of other insurance products and services from other companies.
Frequently Asked Questions
How much does a New York Life Agent make?
According to available data, a New York Life Insurance Agent's yearly pay in California is approximately $83,599, which is 40% above the national average. This figure may vary based on individual performance and location.
What is the lawsuit against New York Life?
New York Life Insurance Co. faced a $19 million settlement over allegations of self-dealing by plan executives in its 401(k) plans. The lawsuit was filed by a participant in 2021, claiming improper management of the company's retirement plans.
Do New York Life Agents work from home?
Yes, New York Life Agents have the option to work from home, as part of the company's flexible work arrangements. This flexibility helps balance work and life responsibilities.
Sources
- https://www.newyorklife.com/careers/agent-application
- https://www.newyorklife.com/agents/find-an-agent/ny/new-york
- https://www.newyorklife.com/articles/buying-life-insurance-from-an-agent
- https://www.newyorklife.com/careers/financial-professionals
- https://www.newyorklife.com/agents/find-an-agent/ny/brooklyn
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