New Hampshire third party administrator bonds.
From $100.
New Hampshire requires certain third party administrators to file a surety bond with the Insurance Department under RSA 402-H:7, for the use and benefit of the Commissioner. The amount is the greater of $100,000 or 10% of your average daily client account balance, capped at $1,000,000 — and pricing is 1% of the bond amount, with a $100 minimum.
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How much does a New Hampshire third party administrator bond cost?
1% of the bond amount, from $100. Enter your amount in the calculator for the exact price.
Three steps. One sitting.
No underwriting queue for the standard TPA bond — enter your amount, pay, and file with the Insurance Department. Here is the whole thing:
Apply online
Your business details, the bond amount RSA 402-H:7 requires, and the effective date — that is the application.
Issued on the spot
Most applications issue as soon as you pay. Above $50,000, a soft pull may add a short review.
File with the Insurance Department
Submit the executed bond with your certificate of authority application or renewal to the NH Insurance Department, Financial Regulation Division. Wet-ink originals mailed on request.
What it is and who needs it.
What the TPA bond actually covers
A third party administrator collects premiums or charges and settles claims for insurance and benefit plans on behalf of others. New Hampshire licenses TPAs through the Insurance Department under RSA 402-H, and conditions certain certificates of authority on a surety bond filed under RSA 402-H:7.
The bond runs for the use and benefit of the Commissioner and protects the New Hampshire individuals and persons who have remitted premiums, insurance charges, or other money to the administrator in the course of its business. If a TPA mishandles those funds, the protected parties can recover against the bond — and if the surety pays, the administrator repays the surety.
The amount is the greater of $100,000 or 10% of the administrator's average daily client account balance for the prior calendar year, not to exceed $1,000,000. Note the bond is required for specific arrangements — plans fully insured by a non-admitted insurer, multiple employer welfare arrangements, and church self-insured plans — so confirm whether it applies to you. Enter your figure at the application — pricing is 1% of the bond amount, with a $100 minimum.
You need this bond if you are
Claims, renewal, filing, and what sets the price.
If a claim is made
A court bond answers to the court and the party its order protects: if the judgment or order the bond secures is not satisfied, that party can claim against it, up to the penal sum the court set.
The surety pays a valid claim after the court rules, and you repay the surety. A court bond is a guarantee of your performance, not insurance for you.
Renewal and term
The premium covers a one-year term from the effective date you choose.
Renew before the expiry date to keep the bond in force: the license, permit or contract it backs expects continuous coverage.
How to file it
File with the Insurance Department. Submit the executed bond with your certificate of authority application or renewal to the NH Insurance Department, Financial Regulation Division. Wet-ink originals mailed on request.
What sets the price
The premium is 1% of the bond amount, $100 minimum: the amount the obligee sets moves the price, not your business profile.
No credit check up to $50,000. Above that, the carrier may run a soft pull, which never affects your score.
Where a check runs, it decides approval; the rate is the same for everyone approved.
One application, issued on the spot.
Submit the application with the bond amount RSA 402-H:7 requires — the executed bond is generated instantly, ready to file with the Insurance Department.
Start the application →Common questions.
Other New Hampshire bonds.
The same bond in nearby states.
Price and requirements checked on the carrier’s application, . Page updated .
TPA bond, issued today.
1% of the bond amount with a $100 minimum. Enter the amount RSA 402-H:7 requires and file with the Insurance Department the same day.