IBEW Local No. 252 - Wage and Fringe Benefits for Inside Wiremen — required surety bond in Michigan. Apply online in minutes.
The IBEW Local No. 252 Wage and Fringe Benefits Bond is a type of union surety bond required for signatory electrical contractors. It serves as a financial guarantee that employers will pay the correct wages, dues, and fringe benefits to inside wiremen as stipulated in their collective bargaining agreement.
Electrical contractors operating in Michigan who employ inside wiremen belonging to the International Brotherhood of Electrical Workers (IBEW) Local No. 252 typically need this bond. It is required for employers who sign a working agreement with this specific local union chapter.
The union requires this bond to protect its inside wiremen from financial harm if an employer defaults on payroll or benefit obligations. It ensures guaranteed funds are available to cover unpaid wages, pension deposits, health-care contributions, and other union dues.
To get started, simply click the Apply Now button to access our secure online application. The form takes about five minutes to complete. Once processed, your finalized bond will be delivered to you conveniently by email.
Premiums vary based on the required bond amount and the applicant's credit profile. Please apply online with Noah Insurance Agency for an exact premium quote.
Bond amount requirements vary depending on factors such as the number of union employees or estimated monthly payroll. You must verify your specific required bond amount directly with IBEW Local No. 252.
Approval times vary depending on the applicant's unique underwriting profile. Submitting a complete, accurate online application is the best way to ensure rapid processing.
Yes, Noah Insurance Agency can secure bonds for applicants with various credit histories, though specific requirements vary. Apply online or call us nationwide at 814-718-0060 to discuss your options.
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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