Massachusetts company appointment renewals

This state accepts electronic company appointment renewals. Find important dates, fees and requirements associated with those renewals.

Contents

Important Dates

Renewal Period

July 19, 2024 - August 31, 2024

Late Renewal Periods

TBD

Termination Deadline

June 30, 2024

Invoice Date

TBD

Other Important Dates

  • Invoices will be posted on the NIPR Company appointment renewals page.
  • Companies will be billed for appointments that are active as of July 1, 2024.
  • Companies may terminate any appointment that should not be included on the appointment renewal invoice until July 14, 2024, as long as the requested effective date is prior to July 1, 2024.
  • All appointments submitted on and after July 1, 2024, will not need to be renewed for the current year and will be included on the next renewal cycle in 2025.
  • Companies may backdate appointment terminations up to 15 days.
  • NOTE: All times listed are in Central time.

Renewable Appointments

Below are the appointments for licenses and/or lines of authority that can be renewed for this state:

Insurance Producer

Related Fees

State Fees

July 19, 2024 - August 31, 2024

Individual appointment renewal: $75 per license class.

Business appointment renewal: $75 per member.

NOTE: State fees are per appointment.

NIPR Processing Fee

The NIPR renewal processing fee equals one percent of the total state fee charged, with a minimum of $5 and maximum of $1,000.


Payment Methods: Credit card or electronic check only

  • Credit card: There is a $60,000 limit on credit card payments. If an invoice exceeds $60,000, you must choose an alternative payment method.
  • Electronic check: There are no check fees for paying by electronic check. NIPR fees will apply.
  • NIPR ACH: 9431763793

Rules and Requirements

Business Rules

  • Failure to remit payment by the due date or late renewal date (if applicable) will result in termination of appointments. The company must submit new appointment requests for each producer they would like appointed with their company.
  • Appointment renewal payment and NIPR processing fees are non-refundable.
  • Electronic processing through NIPR is mandatory and renewal invoices cannot be paid directly to the state’s insurance department.
  • Electronic payment options processed through NIPR will immediately reflect the invoices as paid. NIPR will forward payment and renewal transactions to the state within 24 hours of that payment.
  • Once the invoice and list have been generated and made available to the company, the company will not be allowed to terminate any appointments on the list.
  • If an invoice appears to be inaccurate, please do not pay. Contact us at Support@NIPR.com.

Pay company appointment renewal invoices

Use the NIPR Producer Database (PDB) to pay your renewal invoices. Companies can also use the PDB to generate reports, update records and more.

Pay invoices

State contact information

Mailing Address

Massachusetts Division of Insurance

1 Federal Street

Suite 700

Boston, MA 02110

United States

State overview page

Learn more about state-specific licensing requirements and associate fees to ensure you have all the necessary information for compliance.

Get details