Alabama Appointment Renewal for 2020

November 22, 2019

State(s) Impacted:

 Alabama

Invoice Renewal Period:

01/07/2020 8 am CST -
03/01/2020 8 pm CDT

Invoices Unavailable for System Update:

03/02/2020 8 am CDT –
03/02/2020 9 am CDT

Late Renewal Period

03/02/2020 8 am CDT -
06/01/2020 3 pm CDT

Appointment types renewed:

Insurance Producer, Service Representative, Title Insurance Agent, Portable Electronics Insurance Small, Portable Electronics Insurance Large

Termination Deadline:

12/31/2019 11:59 pm CST

Appointment & Terminations Turned Off:

N/A

Appointment & Terminations Turned On:

N/A

PDB Alerts Turned Off:

No

Effective dates honored when processing is turned back on

N/A

Transactions Declined during down time:

No

New appointment renewal date reflected once renewed:

N/A


Effective January 7, 2020, Alabama company appointment renewal invoices will be available for payment through June 1, 2020. Please review important processing information below for upcoming appointment renewal period.

State Specific Rules:

  • Electronic processing through NIPR is mandatory and continuation invoices cannot be paid directly to the Department of Insurance.
  • Termination notices for individual appointments that you do not wish to renew must be received by NIPR no later than 11:59 pm CST December 31, 2019 to allow enough time for processing before the renewal invoices are created.
  • Appointment continuation fees will be due for every Insurance Producer, Service Representative, Title Insurance Agent, Portable Electronics Insurance Small and Portable Electronics Insurance Large licensees listed on the invoice.  Companies will not be allowed to terminate any appointments on the list once the invoice and list has been generated and made available.
  • Electronic payment options chosen through NIPR will immediately reflect the invoices as paid and NIPR will forward payment and renewal transactions to Alabama within 24 hours of that payment.
  • Appointment Invoice payments are due by 8pm CDT March 1, 2020.
  • Late Appointment Invoice payments submitted March 2nd through June 1st will be assessed a late renewal fee. Please refer to fee section below for late renewal periods and fees.

NIPR Transaction Fees
NIPR Renewal processing fee will equal 1% of the total state fee charged with a minimum of $5.00 and maximum of $1000.00. NIPR transaction fees and state fees are non-refundable.

Example:

# of appointments

State Fee per Appointment Renewal

Total State Appointment Renewal Fee

100

$10.00

$1000.00

 


Alabama Appointment Renewal Fees

Renewal Fees

January 7, 2020 -
March 1, 2020

Late Renewal Fee

March 2, 2020 -
March 31, 2020

Late Renewal Fee

April 1, 2020 -
April 30, 2020

Late Renewal Fee

May 1, 2020 -
June 1, 2020

Insurance Producer

$25/appointment

Late Fee of $250 + Invoice Fee

Late Fee of $500 + Invoice Fee

Late Fee of $750 + Invoice Fee

Service Representative

$40/appointment

Late Fee of $250 + Invoice Fee

Late Fee of $500 + Invoice Fee

Late Fee of $750 + Invoice Fee

Title Insurance Agent

$10/appointment

Late Fee of $250 + Invoice Fee

Late Fee of $500 + Invoice Fee

Late Fee of $750 + Invoice Fee

Portable Electronics Insurance Small

$25/appointment

Late Fee of $250 + Invoice Fee

Late Fee of $500 + Invoice Fee

Late Fee of $750 + Invoice Fee

Portable Electronics Insurance Large

$25/appointment

Late Fee of $250 + Invoice Fee

Late Fee of $500 + Invoice Fee

Late Fee of $750 + Invoice Fee

 

Payment Method and Other Fees

Credit Card

If you are paying by credit card (Visa, MasterCard, or American Express) the process will be entirely electronic.
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.

Electronic Check

Customers using the Pay by Check method should know that funds must be drawn on a U.S., Puerto Rican or U.S. Virgin Islands financial institution.
An appropriate receipt will be displayed for you to print and file. 
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 - 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.

To view the Current appointment lists on ALDOI website:
ALDOI website: Click on "Company Search" under the Company section.  Enter your company name or NAIC Number and click the submit button.  Find your company in the list and click "Appointments" to obtain a list of active appointments.   Appointments cannot be terminated from ALDOI's or SBS's website.

IMPORTANT RECONCILIATION 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 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.

Contact information:

Alabama Department of Insurance Producer Licensing Division: Phone (334) 241-4126,
Email: Producerlicensing@insurance.alabama.gov

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