Vermont Department of Banking, Insurance, Securities
and Health Care Administration
Insurance Division - Company Licensing Section
Fee Schedule
Please check your statutes. All fees can be subject to our retaliatory fees law.
Annual Statement Filings Fees
:|
Title |
Law Reference Title 8 V.S.A. |
Amount |
|
Domestic Companies |
§3314 |
$ 100 |
|
Foreign Companies |
§3314 |
$ 100 |
|
Reciprocal Companies |
§3314 |
$ 100 |
|
Surplus Lines Companies |
§3314 |
$ 100 |
|
Reinsurers |
§3314 |
$ 100 |
|
HMO’s |
§3314, §5102 (c) |
$ 100 |
|
Hospital/Medical Service Corps |
§3314 |
$ 100 |
|
Continuing Care Retirement Communities |
|
No Fee |
|
Fraternal Organizations |
§4494 |
$ 20 |
|
Providers of Service Contracts |
|
No Fee |
|
Viatical Settlement Companies |
|
No fee |
Licensing and Listing Fees (initial/renewal):
|
Alien Insurance Company |
§3361 |
$ 300 |
|
Foreign Insurance Companies |
§3361 |
$ 300 |
|
Reciprocal Companies |
§3361 |
$ 300 |
|
Surplus Lines Companies (initial) |
§5026 (a) 1 |
$ 100 |
|
Surplus Lines Companies (renewal) |
§5026 (a) 1 |
$ 300 |
|
Reinsurers (initial) |
§3634 a (d) (f) |
$ 500 |
|
Reinsurers (renewal) |
§3634 a (d) (f) |
$ 200 |
|
HMO’s |
§5102 (c) |
$ 300 |
|
Hospital/Medical Service Corporations |
|
No fee |
|
Continuing Care Retirement Communities |
|
No fee |
|
Fraternal Organizations |
§4484 |
$ 300 |
|
Rate Service Organizations (initial) |
§4690 (d) (1) (A) |
$1,000 |
|
Rate Service Organizations (renewal) |
§4690 (d) (1) (A) |
No fee |
|
Premium Financing Companies |
§7002 (b) |
$ 200 |
|
Providers of Service Contracts |
§4248 |
$ 600 Every 3 years |
|
Viatical Settlement Companies (initial) |
§3827 |
No fee |
|
Viatical Settlement Companies (renewal) |
§3827 |
$ 50 |
Application Fees:
|
Domestic Insurer |
|
No fee |
|
Alien Insurance Company |
§3361 |
$ 200 |
|
Foreign Insurance Company |
§3361 |
$ 200 |
|
Reciprocal Insurance Company |
§3361 |
$ 200 |
|
Surplus Lines Companies |
|
No fee |
|
Reinsurer |
|
No fee |
|
Providers of Service Contracts |
§4248 |
$ 600 |
|
HMO’s |
§5102 (c) |
$ 200 |
|
Fraternal Organizations |
|
No fee |
|
Continuing Care Retirement Communities |
§8016 |
$1,500 |
|
Premium Finance Companies |
|
No fee |
|
Viatical Settlement Companies |
§3827 (b) |
$ 50 |
|
Registration of CPA’s for Domestic Companies |
§3579 (b) |
$ 100 |
Miscellaneous Fees:
|
Photocopy |
1 V.S.A. §31 |
$ .10 per page after 10 |
|
Certificates of Compliance Certificates of Good Standing Certified Documents |
32 V.S.A. §1762 |
$ 2.00 per item
|
|
Examination Fees |
§3563-Domestic §3564-Foreign/Alien §8016 (c)-CCRC §3830-Viaticals §4496-Fraternal §5105-HMO’s §4832-Reciprocals |
As incurred |
|
Fines |
Numerous |
As ordered by the Commissioner |
All fees can be subject to our retaliatory fees law. It is the Company’s responsibility to report and pay the correct retaliatory fee. Please see 8 V.S.A. §3367 and 32 V.S.A. §8555.