Registration and Renewal Of Preneed Sales Agents
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Preneed Sales Agents must now apply for and renew their Preneed Sales Agent
(PSA) registrations online thru the National Insurance Producer Registry (NIPR)
at www.nipr.com. The Alabama Department of
Insurance will no longer accept paper registrations or renewals for Preneed
Sales Agents. Any paper forms received will be returned and you will be
directed to use the online process.
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| The National Association of Insurance Commissioners (NAIC)
will assign a company number to all certificate holders. Each certificate
holder will soon receive a letter that provides their company's NAIC
CoCode. This CoCode will be needed for electronic processing through the
NIPR website. |
Licensing
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This new process requires the PSA to first go to NIPR and fill out the “license”
application, for which a $5.00 transaction fee for residents and a $6.18
transaction fee for non-residents will be charged.
Also this year, PSAs will be able to print a license. There is a license to
hang on the wall and one for them to carry with them. The license can be
printed from the State Based System (SBS) using SBS
Connect. This website will allow the certificate holders and PSAs
to check the status of a registration and/or to verify the expiration date.
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Appointments/Terminations
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The certificate holder will be responsible for "appointing" the PSA on NIPR, for
which the certificate holder will be charged the $25.00 registration fee. Visa,
MasterCard and American Express payments will be accepted. NIPR FEES
ARE NON-REFUNDABLE.
The certificate holder will also be able to terminate any PSA registration on
NIPR.
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| Certificate holders will have until February 28, 2009,
to contact NIPR or one of six authorized business partners listed on
NIPR’s website to be set up to make PSA appointments and terminations online.
The NIPR Customer Service Department telephone number is (816)
783-8468.
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In the meantime, prior to being setup thru NIPR, you can access an appointment
form from our website at http://www.aldoi.gov/Preneed/Forms.aspx.
These paper appointment forms will be accepted until March 1, 2009. You may fax
(334.240.3282) or mail in any terminations to Michelle Driggers, Producer
Licensing Division at the below address before February 1, 2009.
Alabama Dept. of Insurance
P.O. Box 303351
Montgomery, AL 36130-3351
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appointment Renewals
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Once you have signed up with NIPR, you will be given a login for your Company.
You will be able to access a list of PSAs registered with your company on the
NIPR website (www.nipr.com) under the Company
Appointment Reconciliation Report (CARR). Any PSA appointments you wish to
terminate can be terminated using the CARR Report. This should be done
before February 1, 2009 to ensure that these are processed prior to the March
1, 2009 deadline. All PSAs still registered on March 1, 2009 will be
automatically renewed.
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| Your PSA registration renewal invoice will be available for
payment on March 9, 2009 via the NIPR website. Payment will be due by April 30,
2009. |
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The PSA Registration Renewal invoices will not be mailed with the certificate
holder’s renewal packet in January 2009. It may be accessed online on March 9,
2009 at www.nipr.com. If the invoice is not
paid by April 30, 2009, administrative action will be taken against your
company’s certificate of authority.
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