What is a Producer? Producer[pruh-doo-ser]noun1.A Producer is an individual licensed by a State’s Insurance board to sell insurance. A Producer can be an Agent, a Broker, or a colleague of either of the two. Share | Have A Question About This Topic? Name Email Address Question Thank you! Oops! Related Contents The Other Sure Thing Though we don’t like to think about it, all of us will make an exit sometime. Are you prepared? Term vs. Permanent Life Insurance When considering life insurance, it's important to understand your options. Long-Term-Care Protection Strategies The chances of needing long-term care, its cost, and strategies for covering that cost.