District of Columbia Appointment Renewal for 2015

Key Information:

The District of Columbia (DC), Department of Insurance, Securities and Banking (DISB) will provide electronic appointment renewal processing with the National Insurance Producer Registry (NIPR).

IMPORTANT RECONCILIATION INFORMATION

IMPORTANT PAYMENT INFORMATION

Payments for the District of Columbia Appointment Renewals must be received by NIPR through the Electronic Options made available

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.

·       Since receipt of a paper check is through a lock box account, NIPR may take several days to post the paper check and issue a refund check to your company. 

O       NIPR is not responsible for any renewal late fees incurred during this period

 NIPR Transaction Fees

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

Example:

# of appts        Price        Total

100                  $25.00     $2500.00

 

Transaction fee is 1% of $2500.00 or $25.00

 

District of Columbia State Appointment Renewal Fees

March 9, 2015

To

May 29, 2015

$25.00/Appointment

 

Payment Method and other Fees

Credit Card

 No processing fee

If you are paying by credit card (Visa, MasterCard, American Express, or Discover) the process will be entirely electronic. Please note there is a $60,000 limit on Credit Card payments. If your invoice exceeds $60,000, 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

There are no check processing fees for utilizing the electronic check payment method but NIPR transactions fees will apply

  • 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

No processing fee

 

 

NIPR processing fees are not refundable 

Process after March 9, 2015 when the electronic invoices are on the website is: 

 

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