What does an insurance consultant do?

An insurance consultant provides guidance on insurance policies for a fee, focusing on assessing the needs of clients and recommending appropriate coverage options. Their expertise allows them to analyze various insurance products and help clients understand the benefits and limitations of each policy. This role is distinct from that of an insurance agent, who primarily sells insurance products on behalf of a specific company. By working as a consultant, they can offer unbiased advice tailored to the individual client's circumstances, ensuring that clients make informed decisions based on a comprehensive evaluation of their insurance needs. This service is particularly valuable for individuals or businesses looking for customized solutions instead of standard offerings from insurance companies.