How long does a producer have to notify the commissioner about a change of address or name?

Study for the Delaware Life Insurance Exam. Prepare with flashcards and multiple choice questions; each question includes hints and explanations. Get ready to succeed!

Producers are required to notify the commissioner of any changes to their address or name within 30 days. This prompt reporting is essential for maintaining accurate records and ensuring effective communication between the producer and the insurance regulatory body. Timely notification allows regulatory authorities to keep up-to-date contact information, which is crucial for various administrative processes, including license renewals, compliance checks, and communication of relevant regulatory changes. This requirement reflects the commitment to accountability and transparency within the insurance industry.

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