Which individual typically does not require a professional competency license to sell a limited line of insurance?

The individual who typically does not require a professional competency license to sell a limited line of insurance is the Limited Insurance Producer. In many states, including Tennessee, individuals classified as Limited Insurance Producers are permitted to sell specific types of insurance products without the full scope of licensing that would be necessary for more comprehensive insurance sales.

Limited Insurance Producers are generally authorized to sell specific, narrow categories of insurance products - often relating to areas like travel insurance, credit insurance, or other specialized policies. The requirement for a professional competency license is less stringent for these individuals, reflecting the specialized and limited nature of the insurance they are allowed to sell.

In contrast, other roles, such as insurance brokers, full license insurance producers, and insurance consultants, typically require a broader and more comprehensive licensing process that includes demonstrating higher levels of expertise and knowledge, given that they manage a wider range of insurance products and client needs.