How many days does a producer have to inform the Department of a change of address?

In New Jersey, a life insurance producer is required to inform the Department of Banking and Insurance about any change of address within 30 days. This regulation ensures that the producer's records are kept up to date, which is important for maintaining effective communication regarding licenses, renewals, and other regulatory matters. Timely notification helps the Department manage the producer's information accurately and efficiently, contributing to overall industry compliance and consumer protection. Therefore, the correct response reflects the legal obligation set forth for producers to keep the Department informed of their current contact information within the specified timeframe.