Every insurance administrator must file a surety bond with the commissioner which is writtten for an amount of at least?

Social Studies

1 answer:

Arlecino [84]4 years ago

7 0

Answer:

Not less than $100,000.

Explanation:

No person may act as an administrator, or hold themselves out to the public as an administrator, unless they have obtained a certificate of registration as an administrator from the Commissioner and filed a bond issued by an authorized surety in favor of the State of Nevada, continuous in form, and in an amount determined by the Commissioner of not less than $100,000.

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