What title is given to a person who charges a fee for providing insurance advice?

The title "Certified Insurance Consultant (CIC)" is the correct answer because it specifically designates a professional who has met certain educational and examination requirements to provide expert advice on insurance matters. This designation signifies a recognized level of expertise and fiduciary responsibility, allowing the consultant to charge fees for their advisory services, rather than receiving commissions from carriers as agents do.

A traditional insurance agent typically represents one or multiple insurance companies and sells insurance products, earning commissions on the sales rather than charging a separate fee for advice. An insurance advisor may also give advice but does not necessarily hold the same formal certification or level of professional recognition as a CIC. A financial planner often encompasses a broader scope of financial advice that is not limited to insurance, often integrating various financial and investment products. Thus, the CIC designation is specifically aligned with the practice of consulting on insurance, justifying its role as the correct title for someone charging fees for such advice.