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 |
| Third Party Administrator | §9417(d) | $600 Every 3 years |
|
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 |