Who are included in the term "agents" concerning insurance sales?

The term "agents" in the context of insurance sales encompasses various individuals involved in the distribution and selling of insurance products. This includes producers, brokers, and solicitors, who all play distinct roles within the insurance industry.

Producers are typically agents who directly sell insurance policies to consumers and are often tied to one or multiple insurance companies. Brokers, on the other hand, represent the interests of clients in finding suitable insurance products across various companies and are not limited to a single carrier. Solicitors may assist agents or brokers in selling insurance and may be responsible for gathering client information and helping clients navigate their insurance needs.

Each of these roles contributes to the industry's overall functioning by either facilitating the sale of insurance or acting on behalf of consumers to find the best options for their needs. This comprehensive definition underscores the collaborative nature of the insurance distribution process, highlighting how different types of agents come together to serve the market effectively.