Insurance Broker Average Salary in India 2021

How much money does a Insurance Broker make in India?
The average Insurance Broker salary in India is ₹ 2,221,666 and the median is ₹ 2,000,000.

Based on 3 salaries submitted.

2,221,666

Average

2,000,000

Median

3,200,000

Highest

1,465,000

Lowest

Insurance Broker Salary Comparison By Gender in India
Insurance Broker Salary Comparison By Experience in India
Insurance Broker Salary Comparison By Education in India
What is the difference between Average and Median Salary?

The median is the salary where half of the people earn more and half earn less.

The average is the number obtained by adding all the salaries and dividing it by the number of them.

Both measures are helpful indicators, but the median is considered more accurate to represent the typical salary, as it is not affected by extreme salaries, that can disproportionately affect the calculation of the average.