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 Snapshots Your life is marked by images. Prepare for the unexpected, so you can keep those pictures going. Term vs. Permanent Life Insurance When considering life insurance, it's important to understand your options. Protecting Those Who Matter Most The importance of life insurance, how it works, and how much coverage you need.