An insurance consultant agreement is a legal contract that establishes an exchange of consulting services for financial compensation. Insurance consulting experts are hired to work with insurance companies to improve sales methods and business strategies to stay ahead of the competitive insurance market. All services that are to be provided by the consultant will be written in the agreement as will the length of the arrangement and the total amount of compensation. While working with the client, the consultant has an independent contractor status. This means they (or, more accurately, their consulting firm) will be responsible for insurance, taxes, and workers’ compensation, and will have the right to control the means by which the services are performed.

Types of Insurance Consultants

  • Environmental Insurance
  • Health Insurance
  • Liability Insurance
  • Life Insurance
  • Software Insurance
  • Workplace Safety (liability)

Insurance Consultant Salary & Hourly Rate

Insurance Consultant Agreement Template