Renewals

Renewal Period: September 1 through September 30 every year.


1. Renewal application and fee ($200.00) must be completed on NIPR
2. There are additional questions and attachments that must be sent to the Department of Insurance to go with the online application. Send the additional questions and attachments to the email for the Special Licensing team.
           
a. Additional Renewal Questions
            b. Financial Statement from the last year.
            c. If any changes to the Directors/Officers, complete new Biographical Affidavits. You
               may use the NAIC 
form
            d. Financial Requirement as described in SC Code Law 38-78-30.
                i. Reimbursement Insurance Policy
                ii. Funded Reserve Account
                iii. Parent company must maintain a net worth of $100,000,000.00 (one hundred
                    million dollars).