IBEW Local No. 134 - Employer's Wage ($50,000) (1 to 5 Employees) — required surety bond in Illinois. Apply online in minutes.
An IBEW Local 134 Employer's Wage bond is a union bond that guarantees an employer will pay wages, fringe benefits, and dues to union members. It serves as a financial guarantee that the employer will strictly honor the terms of their collective bargaining agreement.
Electrical contractors and employers in Illinois who hire members of the International Brotherhood of Electrical Workers (IBEW) Local 134 typically need this bond. This specific classification generally applies to businesses employing a smaller workforce of one to five union members, though exact criteria can vary.
IBEW Local 134 requires this bond to protect its union members from financial loss if an employer fails to pay earned wages, union dues, or fringe benefits. It ensures that the union and its electrical workers have a secure financial recourse in the event of an employer's default.
Click Apply Now to complete our secure, approximately 5-minute online application. Once your application is processed, your bond will be delivered directly to you by email. For any questions, contact Noah Insurance Agency nationwide at 814-718-0060.
Premiums vary based on the applicant's credit profile and business financial history. Please apply online for an exact quote tailored to your business.
Requirements vary based on your workforce size, and hiring more workers generally necessitates an update to your bond. You should always verify your current coverage requirements directly with the issuing agency or union.
Yes, applicants with various credit profiles can typically be approved, though your premium rate may differ. Apply online through Noah Insurance Agency to see your exact figures.
The bond protects the union members and IBEW Local 134 itself, guaranteeing that all owed wages, benefits, and union dues are paid if the employer fails to meet their obligations.
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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