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? Address Thank you! Oops! Related Contents Your DNA Test If your family relies on your income, it’s critical to know what their needs would be in the event of your death. Gun Ownership and Your Homeowners Policy Gun owners need to make sure that their homeowners policy covers the full value of their firearm(s) as personal liability. Assess Your Life Insurance Needs This calculator estimates how much life insurance you would need to meet your family's needs if you were to die prematurely.