Within how many days after the death of a licensee must the immediate family notify BSIS to continue business?

• A. 7 days
• B. 15 days
• C. 30 days
• D. 60 days

Answer: (C)

If a licensee dies, the immediate family must notify BSIS within 30 days to keep the license and business operations properly aligned with regulatory oversight. This 30-day window gives BSIS time to assess the situation, determine whether the business can continue under the existing license, and arrange any necessary steps such as appointing a new qualified manager or transferring license responsibilities. It also helps protect clients and employees by ensuring a timely, compliant transition rather than letting the license lapse or operate without proper oversight. Shorter periods would rush families during a difficult time, while longer delays could leave operations in a regulatory gray area; 30 days is the standard window for timely notification.