The Vermont Insurance Consultant Bond is required by the Vermont Department of Banking, Insurance, Securities, and Health Care Administration. It states that the bondholder will comply with all insurance laws of the State of Vermont. As well as, the rules and regulations made by the Commissioner. In addition, the bondholder will pay the Commissioner and any other person entitled, any money that may become due to them. The bond amount is $5,000.
In order to find out the cost of the surety bond, all we need is the completed application. Surety1 has access to the best surety markets available so we will be able to get you bonded quickly at the best possible price.
Additional Requirements for the Insurance Consultant Bond
Individuals applying to be an insurance consultant must be at least 18 years old. The application is done through the NIPR website. Payment of $230 is required for the license and application fee. Include a copy of the written agreement that will be used with clients.
How do I obtain a Vermont Insurance Consultant Bond?
Start the process by completing our easy to navigate, free online application. After that one of our licensed agents will contact you with a no-obligation quote for your bond (the “premium”). Next, we’ll collect the premium payment and have you sign the agreement. Then your Vermont Insurance Consultant bond will be shipped to you via USPS Priority Mail. Overnight shipping options are also available.
The surety bond experts at Surety1 are here to help you get bonded quickly and reliably. We work with over a dozen “A” rated surety markets to ensure we find you the lowest rate for your bond. We are also licensed in all 50 states and maintain an A+ rating by the Better Business Bureau.