How long must insurers maintain records of the information collected from senior consumers and other information used in making recommendations that were the basis for insurance transactions

For five years after the insurance transaction is completed by the insurer

Explanation:

In order to maintain the records of the information that has been collected from the senior consumers the time period that is required is five years. It should be considered when the transaction of the insurance would be completed by the insurer

Hence, the above represent the answer