What is the primary role of a consultant in regards to insurance policies?

The primary role of a consultant in regards to insurance policies is to provide advice about policies for a fee. This involves analyzing a client's needs, assessing their risk exposure, and recommending appropriate insurance coverage to meet those specific needs. Consultants are typically experts in the field of insurance and are hired for their expertise to guide individuals or businesses in making informed decisions about their insurance options.

Consultants do not directly handle claims or negotiate settlements, which is typically the role of adjusters or claims representatives working for insurance companies. Their focus is more on offering strategic insights and recommendations rather than actively managing or soliciting insurance business. Additionally, while they may assist in locating insurance products, the primary function remains centered on providing tailored advice rather than actively selling insurance. This advisory role is essential, especially for clients who may lack the expertise to navigate the complexities of insurance policies independently.