United Union of Roofers, Waterproofers and Allied Workers Local No. 4 - Welfare & Pension ($100,000) — required surety bond in New Jersey. Apply online in minutes.
The United Union of Roofers, Waterproofers and Allied Workers Local No. 4 Welfare and Pension bond is a commercial surety bond required for certain union employers. It guarantees that the contractor will make the agreed-upon contributions to the union's welfare, pension, and fringe benefit funds. Exact bond requirements vary, so contractors should verify details directly with the union before applying.
Roofing, waterproofing, and allied construction contractors who employ members of Local No. 4 in New Jersey typically need this bond. It is generally required for signatory employers who have entered into a collective bargaining agreement with the union. Requirements vary by contract, so applicants must confirm their specific obligations with the union representatives.
The union requires this bond to protect its members and their associated benefit funds from financial loss due to employer default. It ensures that critical health, welfare, and retirement contributions are paid in full and on time. If a contractor fails to remit these agreed-upon funds, the bond provides a mechanism for the union to recover the missing contributions.
To get started, simply click Apply Now to access our ~5 minute secure online application. Our team at Noah Insurance Agency will review your submission and provide a personalized quote based on your business profile. Once approved and payment is processed, your bond will be conveniently delivered by email.
Premiums vary based on the applicant's credit history, financial strength, and the required bond amount. Please apply online with Noah Insurance Agency for an exact figure.
Bond amounts vary depending on your specific collective bargaining agreement and the number of union employees you hire. You must verify the exact required amount with the United Union of Roofers, Waterproofers and Allied Workers Local No. 4.
Yes, Noah Insurance Agency works with a nationwide network of carriers to find bonding solutions for a wide variety of credit profiles. Requirements vary, so completing an application is the best way to see your available options.
Approval times vary depending on the underwriting process and the complexity of the applicant's profile. Fill out our secure online application to get the process started and receive your quote.
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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