South Carolina Appointment Renewals Announcement for 2018

 

State(s) Impacted:

 SC

Invoice renewal period

10-15-2018  through
12-1- 2018

Appointment types renewed

See table below

Termination deadline:

8-27-2018

Appointment & Terminations Turned Off

8-27-2018
(Terminations only)

Appointment & Terminations Turned back on

10-15-2018
(Terminations only)

PDB Alerts Turned Off

No

Effective dates honored when processing is turned back on

No. Effective date will be system date.

Transactions Declined during down time:

Yes

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

Yes

State Specific Rules:
In 2018, late Company Appointment renewals for South Carolina will be electronically processed through the National Insurance Producer Registry (NIPR). South Carolina will process the on-time appointment renewals within their own invoicing system.

  • Late Appointment Renewal invoices will be available on the NIPR website beginning 8:00 AM CST October 15, 2018 through 4:00 PM CST December 1, 2018.

  • Only appointments with active licenses on PDB will be renewed. If the applicant has an inactive license on PDB, they will not be included in the invoice.

  • Terminations for South Carolina will be turned off August 27, 2018 through October 15, 2018. Appointments may continue to be submitted during this time.

  • Any appointment submitted on or after August 27, 2018 will not be included on this year's invoice and will automatically receive the appointment status date of September 30, 2019.

  • NIPR website link is: www.nipr.com. From there, please click on Company Appointment Renewals.

  • Appointments are renewed for two years for individuals. All appointments must be renewed biennially by December 1, 2018 or the appointment will become Inactive.

  • Appointment terminations can only be processed for appointments that are shown as active on the PDB at the time the termination transaction is sent to NIPR.

  • Terminations can be made by NIPR Subscribers through the Interactive Appointment/Termination Application. If you are not a subscriber, please contact NIPR at 816-783-8467 or marketing@nipr.com for subscription information. You may also utilize the services of a NIPR Authorized Business Partner http://www.nipr.com/authorized_business_partners.htm.     

  • Appointment Renewal and NIPR fees are non-refundable.

  • Please contact South Carolina Department of 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 August 27, 2018.     

  • Invoices as posted must be paid.

  • 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.

South Carolina Company Appointment Renewal Fees

State Fees: 

Fee Amount

Special Notes

State Renewal Fee: State fee charged by  Appointment Type PER Appointer/Appointee

 

Example,
American Family (Appointer)
John Jackson (Appointee)
Property, Life, Casualty (LOAs)
Local Appointment Type

 

American Family would be assessed a fee of $40 (No matter how many LOA’s are held)

General-$100
Local-$40
Travel-$20

Appointment Codes
Local-1
Travel-3
General-4

 

Late Renewal Fee: State fee charged by  Appointment Type PER Appointer/Appointee

 

Example,
American Family (Appointer)
John Jackson (Appointee)
Property, Life, Casualty (LOAs)
Local Appointment Type

 

American Family would be assessed an additional late fee of $290.  $250 + $40 = $290

 

(No matter how many LOA’s are held)

$250 per appointment

Late fees are charged from 10-1-18 to 12-1-18.

 

NIPR Transaction Fees:
1% of total state fees charged
Fee Example:


# of appts:
400

State Fee per Appt Renewal:
$20.00

Total State Appt Renewal fee:
$8000.00

NIPR Transaction fee would be 1% of the State Appointment Renewal Fee of $8,000 = $80.00.
Late Fee Example:


# of appts:
400

State Fee per Appt Renewal:
$30.00

Total State Appt Renewal fee:
$12,000.00

NIPR Transaction fee would be 1% of the State Appointment Renewal Fee of $12,000 = $120.00.

Minimum $5.00 / Maximum $1,000.00.

No refund of NIPR fees.

       Renewable Lines of Authority for Appointments

Line of Authority

PIN Code

PDB Code

Life

16

16

Variable Life and Variable Annuity

6952

6952

Accident and Health or Sickness

935

935

Casualty

11

11

Property

127

12

Surety

30

30

Marine

121

197

Personal Lines

928

928

Credit

51

51

Title

18

18

Pre-Need Insurance

485

485

Crop

22

22

Travel

64

64

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

NIPR Support at support@nipr.com  or the South Carolina Department of Insurance agentmail@doi.sc.gov or call (803)737-6160.