September 10, 2019

Louisiana Individual Appointment Renewals

Individual appointment renewals will be November 27, 2019 To January 2, 2020. Appointment renewal fees for individuals will remain at $20.00. Below is the information for the Individual Appointment Renewal window.

 

State(s) Impacted:

Louisiana

Agency Invoice renewal period

11/27/2019
to
01/02/2020

Appointment types renewed

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

Limited Life Health and Accident

Termination deadline:

11/24/2019

Appointment & Terminations Turned Off

No

Appointment & Terminations Turned back on

N/A

PDB Alerts Turned Off

No

Effective dates honored when processing is turned back on

 N/A

Transactions Declined during down time:

N/A

Appointments will update to show renewed on PDB. (date)

12/31/2020

 

Key Information

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

  • Active individual appointments on record as of 4/30/2020, will be invoiced for renewals.
  • The NIPR website will display the renewal invoice and a list of appointment renewals beginning at 8:00 am CST on November 27, 2019.
  • The invoices will no longer be displayed on the NIPR website after January 2, 2020 at 4:00 pm CST.
  • 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 with the effective date of December 31, 2020.

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.

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

 

Louisiana Agency State Appointment Renewal Fees

November 27, 2019

To

January 2, 2020

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

 

 

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 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.

Please contact NIPR Support at support@nipr.com with any questions or for additional information.