October 31, 2017

Louisiana Appointment Renewal for 2018

Key Information

The Louisiana (LA) Department of Insurance will provide electronic appointment renewal processing with the National Insurance Producer Registry (NIPR).

  • All terminations will need to be posted on NIPR's PDB before March 7, 2018.
  • Active producer and agency appointments on record as of March 26, 2018, will be invoiced for renewals.
  • The NIPR website will display the renewal invoice and a list of appointment renewals beginning at 4:00 pm CST on March 28, 2018.
  • The NIPR website is: www.nipr.com 
  • The invoices will no longer be displayed on the NIPR website after May 1, 2018.
  • Please choose one of the electronic payment options for payments to NIPR as instructed on the web-site. 
  • By using NIPR's Electronic Appointment Renewals, you can be assured that the NIPR invoice will be updated as paid, and the transactions to renew will be forwarded to the state within 24 business hours.
  • NIPR will display the invoices as paid, once payment is received.
  • Louisiana appointments paid through the appointment renewal invoice will also be updated after the renewal period ends on May 1, 2018 with the effective date of May 1, 2018.

Company Appointment Renewable Lines

LOA types:
Life, Accident & Health; Property & Casualty, & Variable Life & Variable Annuity Products

 

IMPORTANT PAYMENT INFORMATION


Payments for Louisiana Appointment Renewals must be made using the electronic payment options only.


NOTE:  NO PAPER CHECKS:

  • Companies that submit a payment to NIPR via paper check will not have their renewal invoice processed and will have the payment refunded to them
  • NIPR may take several days to post the paper check and issue a refund check to your company, since receipt of a paper check is through a lock box account.
    • NIPR is not responsible for any renewal late fees incurred during this period
  • LA will terminate all applicable appointments if the invoice is not paid by close of business May 1, 2018.

NIPR Fees

1% of total state fees charged

Minimum $5.00 / Maximum $1,000.00

Example:


# of appts:
100

State Fee per Appt Renewal:
$20.00

Total State Appt Renewal fee:
$2,000.00

NIPR processing  fee would be 1% of the State Appointment Renewal Fee of $2,000.00 = $20.00

 

NIPR renewal processing fee are based on the number of appointment renewals on the invoice 

 

Louisiana State Appointment Renewal Fees

March 28, 2018

To

May 1, 2018

Customers will have $20 per appointment renewal State fee charge.

 

Payment Method and other Fees

Credit Card

If you are paying by credit card (Visa, MasterCard, or American Express) the process will be entirely electronic. Please note there is a $60,000.00 limit on Credit Card payments. If your invoice exceeds $60,000.00, you must choose an alternative payment method. If you have questions regarding the other methods, please call NIPR Customer Service. An appropriate receipt will be displayed for you to print for your records.

Electronic Check

  • A few banks or credit unions may not participate in electronic check services
  • If your bank needs a pre-authorization to use this electronic check service you will need to provide your financial institution with this information:   NIPR ACH-9431763793.
  • There is a $25.00 returned check charge for any electronic check that does not clear the applicant's bank. Additionally, the state will be notified if any issue with payment is not promptly resolved, possibly resulting in non-renewal of appointments or a reversal of renewals, until payment is made.

PayPal Account

 

NIPR processing fees are not refundable

 

The process after March 28, 2018 at 4:00pm CST when the electronic invoices are on the website is:

  • On the Internet, go to www.nipr.com 
  • Follow the links to company appointment renewals and sign-in using your company identifiers: company Cocode, FEIN, and/or company name
  • After entering the necessary identifying information, you can:
    • Print/Pay the Invoice
    • View the detail report of appointment renewals
    • Print the Report
    • Download the Report as text (delimited)
    • Download the Report as XML.
  • Help screens and NIPR Customer Support are available to guide you through the process.

APPOINTMENT RECONCILIATION INFORMATION

  • Insurance carriers with an NAIC CoCode wishing to reconcile company appointments with the state insurance department may obtain a list of appointments via the Company Appointment Report (CAR) prior to appointment renewal invoices being created.  Terminations can be made through the Interactive Appointment and Termination Application. Both of these applications are available to NIPR Subscribers. If you are not a subscriber or need to verify that you are subscribed to these products, please contact NIPR at 816-783-8467 or marketing@nipr.com for subscription information. You may also utilize the services of an NIPR Authorized Business Partner http://www.nipr.com/general/business-partners.htm.

If you have any questions regarding the appointment renewal process, contact:

  • NIPR Customer Service at 855-674-6477 or abpdirect@nipr.com  - for any problems other than appointment renewal screens.