A counselor’s license will allow a person to counsel in the areas of life (LI) insurance and/or property and casualty (Multiple Lines P&C) insurance. The State of Michigan does not issue a license for counseling accident and health insurance. Individuals desiring to counsel in accident/health insurance must pass either the life counselor or P&C counselor examination and maintain the accident and health qualification as a producer. Persons admitted to the practice of law in Michigan may counsel insurance without obtaining a license but cannot represent themselves as licensed counselors by the State of Michigan.
Only persons licensed as Counselors may
- Audit or abstract insurance policies or annuities.
- Provide advice, counsel, or opinion with respect to benefits promised, coverage
afforded, terms, value, effect, advantages, or disadvantages of a policy of
insurance or annuity.
- Advertise, solicit business, hold themselves out to the public as an insurance
counselor, or use such terms as "consultant", "consulting
services", or any other language that implies licensed Insurance Counselor.