Bricklayers and Allied Craftworkers Local 23 OH-WV-KY - Wage and Welfare ($10,000) — required surety bond in Ohio. Apply online in minutes.
A union wage and welfare bond guarantees that employers will pay union members their agreed-upon wages and remit required contributions to the union's fringe benefit funds. For the Bricklayers and Allied Craftworkers Local 23, it serves as a financial guarantee protecting the union and its members if the employer defaults on these financial obligations. Bond requirements vary, so applicants should verify exact details with the local union.
Contractors and employers who hire members of the Bricklayers and Allied Craftworkers Local 23 OH-WV-KY typically need this bond. It is generally required before an employer can execute a collective bargaining agreement or dispatch union members to a project.
The union requires this bond to protect the livelihoods, pensions, and health benefits of its craftworkers. It ensures that wage and welfare obligations are financially backed by a third-party surety in case the employer experiences insolvency or fails to make required payments.
To get started with Noah Insurance Agency, click Apply Now to complete our secure online application in about 5 minutes. Once processed, your bond will be delivered directly to you by email. For assistance, call us nationwide at 814-718-0060.
Premiums vary based on the required bond amount and the applicant's financial and credit profile. Please apply online for an exact quote.
Yes, applicants with less-than-perfect credit can often still secure a bond through Noah Insurance Agency, though premium rates vary based on underwriting guidelines.
Approval times vary depending on the application and underwriting review. Complete our secure online application to determine your specific timeline.
If the union files a valid claim for unpaid wages or benefits, the surety will compensate the union up to the bond's limit. You are then responsible for fully reimbursing the surety company for all amounts paid.
Send us a note or call 814-718-0060 — a licensed agent will confirm the bond amount and requirements for you.
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