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July 29, 2014

Illinois Appointment Renewals for 2014

Key Information:

In 2014 Illinois will again process all appointment renewals electronically through the National Insurance Producer Registry (NIPR). 

Company Appointment Renewable License Classes and LOA’s

 

License Class

LOA

Limited Lines Producer

Baggage or Limited Travel Health or Trip Cancellation

Limited Lines Producer

Farm Mutual

Limited Lines Producer

HMO Enroller

Limited Lines Producer

Industrial Accident and Health

Limited Lines Producer

Industrial Life

Limited Lines Producer

Legal Expense

Limited Lines Producer

Limited Health Service Org

Limited Lines Producer

Credit Life Accident and Health*

                                                                                                                         * Available for appointment beginning September 13, 2013

 

IMPORTANT RECONCILIATION INFORMATION

 IMPORTANT PAYMENT INFORMATION

NOTE:  NO PAPER CHECKS:

NIPR Processing Fees

Transaction Fees

1% of total state fees charged

Minimum $5.00 / Maximum $1,000.00

Example:

# of appts:

100

State Fee per Appt Renewal:

 $50.00

Total State Appt Renewal fee:

$5,000.00

NIPR Transaction fee would be 1% of the State Appointment Renewal Fee of $5,000 = $50.00

 

 

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

Illinois State Appointment Renewal Fee

November 1, 2014

To

December 31, 2014

$50.00 per appointment renewal state fee charged to customers.

 

Payment Method and other Fees

Credit Cards         

No processing fee

If you are paying by credit card, the process will be entirely electronic.  An appropriate receipt will be displayed for you to print for your records.

Electronic Check

No processing fee

  • A few banks or credit unions may not participate in electronic check services. Please check with your bank if you are not sure it can process electronic checks.
  • If your account needs a pre-authorization to use this electronic check service you will need to provide your financial institution with this information: NIPR ACH-ID (943) 176-3793.

NIPR processing fees are not refundable

Process beginning November 1, 2014 when the electronic invoices are on the website:

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