An individual in Connecticut who charges a fee for giving advice on an insurance policy must be licensed as a consultant if the advice is given to?

An individual in Connecticut who charges a fee for providing advice on an insurance policy is required to be licensed as a consultant when the advice is given to the policyholder. This requirement exists to protect consumers and ensure that they receive qualified and informed guidance regarding their insurance products.

When advising the policyholder, the consultant is expected to possess a thorough understanding of the intricacies of insurance policies, coverage options, and market conditions. Licensing serves as a form of consumer protection by verifying that the consultant has met specific educational and ethical standards, thus ensuring that the advice offered is credible and reliable.

In contrast, advising an insurance broker, an insurance company, or the general public doesn't trigger the same licensing requirement. These individuals or entities typically have a different level of knowledge or understanding concerning insurance matters, or they may not require the same level of personalized advice that a policyholder would seek. Therefore, the licensing requirement is specifically tailored to situations where there is a direct relationship with the consumer, ensuring that they receive competent and ethical advice when making decisions about their insurance coverage.