What exemption exists for salaried employees regarding insurance advice?

Salaried employees have specific allowances when it comes to providing insurance advice, particularly in a context where they are advising their own employers. When these employees provide advice without actively soliciting clients or selling insurance, they are considered exempt from licensing requirements. This means they can share their insights and knowledge on insurance matters with their employer and colleagues without needing to obtain a special license.

This exemption is important as it allows companies to utilize the expertise of their employees in a way that supports internal decision-making regarding insurance products without the burden of licensing that typically applies to those who actively solicit or sell insurance to the public.

Understanding this provision is crucial for employees who wish to support their organization in matters pertaining to insurance while remaining compliant with the law.