Skip to content

California bonds

California — IBEW Local No. 302 Fringe Benefits Bond

Prepare the Local 302 employer fringe request with the California agreement and actual contribution report. Purchase Now starts the bond application, not a participant's benefit enrollment.

Continue to our secure checkout partner, Propeller (opens in a new tab).

Recorded state
California
Bond type
Wage & Fringe Benefits Bond
Category
Employment, wages & benefits

What this bond does

The required instrument identifies employer remittances secured. An employee's benefit card or personal plan record is not the employer security request.

Who needs it
The business responsible for contributions under its actual Local 302 agreement.
Who it protects
Retain the required employer and legal fund/trustee entries. Fringe security does not itself purchase worker insurance, include all plans or establish direct-wage coverage.

Your bond option

This is the option on record for this bond.

The bond amount describes the limit of the bond obligation, not the price. A listed amount does not establish what the requesting party requires. The premium is what you pay and must be confirmed for the actual option. An E&O limit, where listed, is separate errors and omissions insurance.

Use employer contribution references rather than a participant benefit card

Bring the actual agreement, full security demand and employer reporting references. A worker's plan card does not supply the legal employer principal or every required fund beneficiary.

Use the information actually requested by the instrument and application. A general plan menu is not the complete bond schedule, and construction-project payment protection is not automatic satisfaction of Local 302 employer contributions.

Sources

Have these ready

  1. Legal employer and applicable Local 302 agreement.
  2. Complete employer fringe-security request.
  3. Actual contribution account/reporting references called for.
  4. Full legal funds, required form, requested sum and period.
  5. Signing and fund delivery instructions for the issued instrument.

Questions about this bond

Is an employee benefit card the employer reporting reference?

Use the actual employer request and contribution records. A participant card does not establish the bond principal or complete legal beneficiaries.

Does Fringe Benefits identify all plans and direct wages?

The actual instrument must establish the secured-payment list. The title alone does not supply that full determination.

Does this establish ERISA fidelity protection?

Security for employer contributions differs from protecting plan assets against dishonest handling. The separate fidelity arrangement is not established by this request.

Where do I start online?

Choose Purchase Now to open Propeller in a new tab with the full Local 302 employer demand. Check the issued form and complete required execution and submission. Applying does not establish fund acceptance.

Related bonds

Keep exploring

How can we help you get started?

Choose the quote that fits, and we’ll take it from there.

Have a question? Contact us