Navigator Entity Bond
Anyone engaged in assisting consumers with obtaining health coverage or explain health care affordability programs are required to post $25,000 navigator entity surety bonds prior to conducting business. This requirement comes from the Texas Department of Insurance. By posting a Texas navigator entity registration bond, principals (navigator entities) pledge to pay all sums that become due to the Texas Department of Insurance for the payment of eligible claims that result from the principal’s noncompliance with the Texas Insurance Code and other applicable rules.
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