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Reinsurance Intermediary Bond

Reinsurance Intermediary Brokers in the State of Texas are required to post a Reinsurance Intermediary Bond in the amount of $100,000. Reinsurance Intermediary Managers are required to post bonds in the amount of $250,000. The cost of this bond starts at 1% of the bond amount. The Texas Reinsurance Intermediary Bond is an essential part of the application for the Reinsurance Intermediary License. The Department of Insurance requires this bond to be on file. Without it, the Department will not grant a license under any condition.

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