Which term refers to an insurance producer whose authority is limited by contract to soliciting applications for insurance and performing related activities?

• A. General agent
• B. Soliciting agent
• C. Broker
• D. Insurance agent

Answer: (B)

Authority for an insurance producer is defined by the contract with the insurer, outlining what tasks they may perform. When that authority is limited to soliciting applications and related activities, the term used is soliciting agent. This person can talk with prospective insureds, gather information, present coverage options, and forward applications (and may handle related tasks like collecting premiums if the contract allows), but they cannot bind coverage, issue policies, or handle claims. This distinguishes them from a general agent, who has broader authority such as supervising other producers; a broker, who represents the insured and places coverage with insurers; and a general insurance agent, whose duties may include binding authority depending on the contract. In this limited-solicitation scenario, soliciting agent best fits the description.