A New Hampshire Third Party Administration Bond is a financial guarantee bond that serves as a guarantee of the principal’s fidelity in the performance of third party administration services. The bond is required by the New Hampshire Insurance Department and is issued to protect the clients of third party administrators from any financial losses or damages that may result from the third party administrator’s negligence or dishonesty. The bond must be in the amount of $50,000 and is valid for one year. The types of New Hampshire Third Party Administration Bonds include: Fiduciary Bond, Professional Bond, and Third Party Administrator Bond.
A New Hampshire Third Party Administration Bond is a financial guarantee bond that serves as a guarantee of the principal’s fidelity in the performance of third party administration services. The bond is required by the New Hampshire Insurance Department and is issued to protect the clients of third party administrators from any financial losses or damages that may result from the third party administrator’s negligence or dishonesty. The bond must be in the amount of $50,000 and is valid for one year. The types of New Hampshire Third Party Administration Bonds include: Fiduciary Bond, Professional Bond, and Third Party Administrator Bond.
