If an agent changes address on January 1st, by what date must they inform the Director?

The requirement for an agent to inform the Director of a change of address is governed by Illinois Department of Financial and Professional Regulation protocols. In this case, the agent must notify the Director within 30 days of the address change. Since the change occurred on January 1st, counting 30 days from that date leads to a deadline of January 31st to submit the address change notification.

This timeframe is crucial for maintaining accurate records and ensuring that all communications and licensing details remain current. It reflects the regulatory goal of keeping agent information up to date, which is essential for operational transparency and accountability within the insurance industry.