West Virginia Appointment Renewals for 2019

State(s) Impacted:

 West Virginia

Invoice renewal period:

 June 6th - August 31st

Appointment types renewed :

 Company
Individual
Firm

Termination deadline:

5/31/2019

Appointment & Terminations Turned Off (No)

N/A

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

Appointments will update to show renewed on PDB:

June 6th, 2019

 

Key Information

The West Virginia (WV) Department of Insurance will provide electronic appointment renewal processing with the National Insurance Producer Registry (NIPR).

  • Active appointments on record as of May 31st, 2019, will be invoiced for renewals.
  • The NIPR website will display the renewal invoice and a list of appointment renewals beginning at 9:00 am Central on June 6th, 2019.
  • The invoices will no longer be displayed on the NIPR website after August 31st, 2019.
  • NIPR will display the invoices as paid, once payment is received.
  • West Virginia appointments paid through the appointment renewal invoice will also be updated after the renewal period ends on August 31st, 2019 with the effective date of June 6th, 2019.

NIPR Transaction Fees


The NIPR transaction fee will equal 1% of the total state fees charged with a minimum of $5.00 and a maximum of a $1,000.00.


Payment Method and Other Fees

  • Credit Card
  • State fee is $30 per appointment, per company
  • Visa, MasterCard, American Express or Discover are accepted
  • Electronic Check (there are no processing fees for electronic check payment method but NIPR transaction fees still apply)
  • 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.
  • A few banks or credit unions may not participate in electronic check services.
  • If your account needs 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 each 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 a non-renewal of appointments or a reversal of renewals, until payment is received.

 

State Specific Rules:

  • Please contact West Virginia Department of Insurance at OICAgentLicensing@wv.gov if you have a dispute regarding a specific appointment and documentation to verify you previously terminated the appointment. Disputes must be resolved prior to May 31, 2019.

Appointee Must Hold One of these license classes on PDB:

License Class PDB/PIN Codes

Insurance Producer

3/3

 

West Virginia State Appointment Renewal Fee

June 6, 2019

To

August 31, 2019

Resident $25

The fee is based per company per appointment.

Non-Resident $25

 

NIPR Fees
1% of total state fees charged Minimum $5.00 / Maximum $1,000.00
Example:
# of apps: 100 State Fee per Appt Renewal $20.00 Total State Appt Renewal fee: $2,000.00
 

 

Contact information:
Please contact West Virginia Department of Insurance at OICAgentLicensing@wv.gov if you have a dispute regarding a specific appointment and documentation to verify you previously terminated the appointment. Disputes must be resolved prior to May 31, 2019.

 

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