Fee Schedule
All fees are subject to Vermont’s 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.
| Fee Type | Law Reference Title 8 V.S.A. | Amount |
|---|---|---|
Annual Statement Filings Fees: | ||
Domestic Companies | §3314 | $100 |
Foreign Companies | §3314 | $100 |
Reciprocal Companies | §3314 | $100 |
Surplus Lines Companies | §3314 | N/A |
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 |
Life 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 | N/A |
Surplus Lines Companies (renewal) | §5026 (a)1 | N/A |
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 |
Life Settlement Companies (initial) | §3836 (a)(2) | $400 |
Life Settlement Companies (renewal) | §3836 (a)(3) | $400 Biennially |
Application Fees: | ||
Domestic Insurer |
| No Fee |
Alien Insurance Company | §3361 | $200 |
Foreign Insurance Company | §3361 | $200 |
Reciprocal Insurance Company | §3361 | $200 |
Surplus Lines Companies |
| N/A |
Reinsurers |
| 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 |
Life Settlement Companies | §3836 (a)(2) | $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 §3840-Life Settlements §4496-Fraternal §5105-HMO’s §4832-Reciprocals | As incurred |
Fines | Numerous | As ordered by the Commissioner |
