NH third party administrator bonds.
From $100. Enter your amount.

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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Required of TPAs under RSA 402-H:7 that administer certain non-admitted, MEWA, or church self-insured plans

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Amount is the greater of $100,000 or 10% of average daily client balance — up to $1,000,000

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1% of the bond amount, $100 minimum — enter your required amount and see your price at the application

1% rate$100 minimumNo credit reviewnot even a soft pullFastinstant underwriting for most

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How it works

Apply to filed in 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:

TODAY · ONLINE

Apply online

Your business details, the bond amount RSA 402-H:7 requires, and the effective date — that is the entire application.

INSTANTLY

Issued on the spot

Most applications issue as soon as you pay — a quick soft credit check may run behind the scenes, but it never affects your score. Larger amounts may get a quick review.

SAME DAY

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.

About this bond

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, and just a soft credit check that will not affect your score.

RSA 402-H:7 (Third Party Administrators)Under New Hampshire RSA 402-H:7, an administrator that administers benefit plans fully insured by a non-admitted insurer, multiple employer welfare arrangements, or church self-insured plans must maintain a surety bond for the use and benefit of the Commissioner and of NH individuals who remit premiums, charges, or other money to the administrator. The bond is the greater of $100,000 or 10% of the administrator's average daily client account balance during the preceding calendar year, not to exceed $1,000,000. Confirm whether the bond applies to your plans and the exact amount with the Insurance Department.

You need this bond if you are

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A TPA applying for a NH certificate of authority that administers the plans RSA 402-H:7 names

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Administering a non-admitted, MEWA, or church self-insured plan that triggers the bond requirement

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Renewing a TPA certificate of authority whose current bond is expiring or non-renewing

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Resizing your bond after your average daily client account balance changed last year

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 →

FAQ

Common questions.

How much is the New Hampshire TPA bond?Pricing is 1% of the bond amount, with a $100 minimum. The amount itself is set by RSA 402-H:7 — the greater of $100,000 or 10% of your average daily client account balance last year, capped at $1,000,000. Enter your figure and your exact price appears at the application.

Do all New Hampshire TPAs need this bond?No. RSA 402-H:7 requires it for administrators handling specific arrangements — plans fully insured by an insurer not licensed in New Hampshire, multiple employer welfare arrangements, and church self-insured plans. If your plans fall outside those, confirm with the Insurance Department whether a bond applies.

Who does the bond protect?It runs for the use and benefit of the Insurance Commissioner and protects the New Hampshire people and persons who remit premiums, charges, or other money to the administrator. If a TPA mishandles those funds, they can recover against the bond.

Is there a credit check?The application collects no credit information — there's no credit section at all. Most applications approve instantly; if a check ever runs, it's a soft pull that won't touch your score.

How do I figure out my bond amount?Take the greater of $100,000 or 10% of your average daily client account balance during the prior calendar year, then cap it at $1,000,000. If you are unsure of the balance figure, the Insurance Department's Financial Regulation Division can confirm the amount on your filing.

Related bonds

Other New Hampshire bonds.

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.

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