State RegulationsNC specificDifficulty 3/5
Under G.S. 58-33-56, from what point does the 15-day deadline for sending a producer a copy of the termination notification run?
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Answer & full 3-part explanation (select an option above, or peek)
Why B is correct
Under G.S. 58-33-56, the insurer must notify the Commissioner within 30 days after the termination's effective date, and the 15-day clock for sending the producer a copy runs separately - from the date the insurer makes that notification, not from the termination date itself. The producer then has 30 days after receiving the copy to file written comments.
Why the other options are wrong
- A) The effective date starts the 30-day Commissioner-notice clock; the copy deadline is measured from the notification.
- C) The producer's own awareness is irrelevant; the statute keys the 15-day copy deadline to the insurer's notification date.
- D) No request is needed; the insurer must send the copy within 15 days of notifying the Commissioner whether or not the producer asks.
Memory hook
Commissioner notice starts the copy clock: 15 days from notice.