An insurance producer does not include which of the following individuals?

In the context of the insurance industry, a licensed insurance producer is typically an individual or entity that sells insurance products and is authorized to act on behalf of an insurer. Generally, insurance producers operate in a commission-based capacity, directly linked to the sales they generate.

A regular salaried officer of a fraternal society tends to have a different role. Such officers are generally not involved in selling insurance as their primary function but may instead focus on the operational and management tasks necessary for running the society. Their compensation structure is based on a salary rather than commissions, distinguishing them from traditional insurance producers who are incentivized through earnings tied to the policies they sell.

This difference highlights why this individual type is excluded from being classified as an insurance producer, as their function within a fraternal society does not align with the sales-driven responsibilities associated with insurance sales. Other listed individuals, such as commission-based salespeople and licensed agents working on commission, are directly engaged in selling insurance products, aligning with the definition of an insurance producer. Similarly, independent insurance contractors, despite their working arrangements, also fulfill roles connected to producing sales for insurance policies.