Wage and Welfare Funds Bond

Buy Surety Bonds Online
Wage and Welfare Funds Bond
License & Permit Bonds
$20,000
A wage and welfare bond (also referred as a Union Bond, Wage Fund Bond or Welfare Fund Bond) is required by unions when negotiating collective agreements with other companies. The bond guarantees an employer will honor the payments of union dues, contributions to funds and promised benefit packages to employees of the union. If a union member company fails to uphold its obligations under the bond?s terms, the bond amount is used to pay claims for salaries, wages, fringe benefits and/or compensation for services rendered by employees represented by the union. Each particular wage and welfare bond is unique to the union by whom it is required.
SORPid: C-599

Wage and Welfare Funds Bond

Bond Details

State: Georgia
Category: Wage and Welfare ...
Obligee: IBEW Local 508
Amount: $20,000
Duration: Stated on Bond
Expiration: Stated on Bond

Cost: $260

Wage and Welfare Funds Bond
Cost:
$260
State:
Georgia
Category:
License & Permit Bonds
Obligee:
IBEW Local 508
Amount:
$20,000
Duration:
Stated on Bond
Expiration:
Stated on Bond
scottsig
Wage and Welfare Funds Bond

Instant Approval & Download!

Buy Surety Bonds Online

Fast Checkout

Buy a bond in 5 minutes.

Buy Surety Bonds Online

Instant Download

Many bonds are immediately available for download.

Buy Surety Bonds Online

Free Quotes

We never charge for quotes.

Buy Surety Bonds Online

Top Bond Carrier

Palmetto Surety is one of the nation’s top surety providers.

How do I get a Wage and Welfare Funds Bond?

The application process for a Wage and Welfare Funds Bond is quick and easy, usually only taking about five minutes from start to bond download (most instant issue bonds). Simply click the Buy Now button below, complete the few questions for the bond application, pay, then print your Bond (preferably in color). By posting a surety bond, principals pledge to comply with the conditions of any written contract or applicable law.