Illinois All Line Statutes and Regulations Practice Test

Illinois law mandates that a licensed insurance producer must notify the Director of any change in their residential address within 30 days. This requirement is crucial for maintaining accurate records and ensuring that all communications and regulatory notices reach the producer without delay. Timely notification helps uphold the integrity of the licensing process and supports regulatory oversight.

The 30-day timeline is standard practice aimed at keeping the state informed of licensed producers' contact information, which is essential for compliance with various regulatory obligations. This prompt reporting also helps to secure the continuity of the producer's ability to conduct business and maintain their license in good standing.