Prepare for the Washington Life Producer Exam with flashcards and multiple-choice questions. Detailed explanations and hints accompany each question to foster your understanding and readiness for exam day!

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How many days does a producer have to notify the Commissioner of any address change?

  1. 15 days

  2. 30 days

  3. 60 days

  4. 90 days

The correct answer is: 30 days

The correct answer is that a producer has 30 days to notify the Commissioner of any address change. This requirement is in place to ensure that the regulatory body has accurate and up-to-date contact information for all licensed producers. Maintaining current records is vital for communication, compliance checks, and ensuring that producers receive important notifications regarding regulatory changes or licensing issues. Staying within the 30-day timeframe helps uphold the integrity of the licensing process and allows for efficient management of producer information by the state. Failure to notify the Commissioner within this period could lead to penalties or licensing issues, emphasizing the importance of timely communication in the insurance industry.