New Jersey Appointment Renewals for 2019

State(s) Impacted:

New Jersey

Invoice renewal period

April 2, 2019 – June 3, 2019

Appointment types renewed

Producer

Termination deadline:

3/25/2019

Appointment & Terminations Turned Off

No

Appointment & Terminations Turned back on

 N/A

Transactions Held in AV (Awaiting Validation):

N/A

Effective dates honored when processing is turned back on

N/A

Transactions Declined during down time:

N/A

 

 

State Specific Rules:

  • Appointment Renewal Invoices and the list of appointment renewals due will be available on the NIPR website beginning 8:00 AM Central Time, April 2, 2019 through 4:00 PM Central Time June 3, 2019. The NIPR website is: www.nipr.com 
  • Invoices will no longer be displayed on the NIPR website after 4:00 PM CDT, June 3, 2019.
  • Termination requests for individual appointments that are not to be renewed must be processed before 3:00 PM CST Monday, March 25, 2019.
  • All appointments added on and after March 25, 2019 will not need to be renewed this year.
  • Appointment Renewal and NIPR processing fees are non-refundable.
  • Please contact New Jersey Department of Banking and Insurance if you have a dispute regarding a specific appointment and documentation to verify you previously terminated the appointment. Disputes must be resolved prior to March 25, 2019. Invoices as posted must be paid.

Important Payment 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/index_authorized_business_partners.htm

 

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 Transaction fee would be 1% of the State Appointment Renewal Fee of $2,000 = $20.00

 

 

District of Columbia State Appointment Renewal Fees

April 2, 2019

To

June 3, 2019

$25.00/Appointment

 
Contact Information:

Please contact the New Jersey Department of Banking and Insurance, Division of Insurance, at joseph.mcdougal@dobi.nj.gov with questions.

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