What are acceptable conditions for providing insurance-related advice without a license in Idaho?

Providing insurance-related advice without a license in Idaho is permissible under specific conditions established by state regulations. One of these conditions includes being a licensed insurance producer or other specified professionals, such as attorneys or certified public accountants, who may offer advice in the scope of their professional duties. This allowance acknowledges the expertise and regulatory compliance of these professionals, granting them the authority to discuss insurance matters without needing a separate insurance adjuster's license.

In contrast, being an employee of an insurer typically involves providing information directly related to the insurer’s products but does not automatically grant the employee the right to provide independent insurance advice. Giving advice solely for personal gain violates ethical guidelines; insurance regulations are designed to protect consumers and ensure that advice is given in a professional capacity. Furthermore, having a college degree in insurance does not substitute for a necessary license, as state laws specifically require licensing to offer certain types of advice or services in the insurance field. Thus, only licensed professionals or those specifically mentioned in regulatory statutes are recognized as having the authority to dispense insurance advice without a license.