State RegulationsIL specificDifficulty 2/5
An Illinois producer reports a change of address only to the appointing insurers and assumes they will update the Department. Under 215 ILCS 5/500-35 and Illinois Department of Insurance practice, what is wrong with that approach?
Select an option to reveal the answer and the full 3-part explanation — free, no signup.
Answer & full 3-part explanation (select an option above, or peek)
Why A is correct
The duty to maintain a current address of record belongs to the producer personally under 215 ILCS 5/500-35. Insurer records serve the insurers' own appointment and compliance needs and do not update the producer's address with the Illinois Department of Insurance. With no paper notices mailed, a stale address of record risks missed renewal and continuing-education communications.
Why the other options are wrong
- B) Continuing-education providers report course completions; they cannot file the producer's address change.
- C) No in-person appearance is required; the Department's electronic channels handle address updates.
- D) An address change takes effect when properly reported, not at some later renewal.
Memory hook
The insurer's file is not the Department's file.