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California bonds

California — Local Union No. 393 Health And Welfare / Benefits Bond

Prepare the Local 393 employer health/welfare contribution-security request with the California agreement and complete fund demand. Purchase Now starts the bond application.

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

What this bond does

The required instrument defines the employer benefit remittances secured. It does not enroll employees in UA Local 393's health or other benefit plans.

Who needs it
The employing business responsible for the contributions in its actual Local 393 security demand.
Who it protects
Use the full required fund or trustee beneficiaries. The union's benefit information lists several plans; that list does not establish that every plan is included in this bond.

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.

Distinguish benefits administration from the bond recipient

UA Local 393 identifies BeneSys as the third-party administrator for its funds and plans. An administrator's role does not by itself make that company the obligee named in the required employer bond.

Keep the contribution demand and legal beneficiary wording with the application. A member benefits account or medical claim is a different process from arranging employer remittance security; neither a project payment bond nor plan-asset fidelity protection is automatically the requested instrument.

Sources

Have these ready

  1. Employer legal identity and applicable Local 393 agreement.
  2. Current health/welfare-benefits security demand.
  3. Employer contribution account and reporting instructions.
  4. Full legal funds/trustees, required form, requested sum and dates.
  5. Post-issuance execution and actual recipient submission directions.

Questions about this bond

Should I automatically name BeneSys as obligee?

Use the required instrument's exact legal beneficiaries. The official benefits page identifies administration, not this bond's recipient schedule.

Are all plans on the benefits website secured?

Do not infer that from the website's list. The employer demand and required form establish the payments and beneficiaries.

Does this provide health insurance or ERISA fidelity protection?

Employer contribution security differs from benefit coverage and from protection against dishonest handling of plan assets. The benefit title does not establish either.

Where do I begin online?

Purchase Now takes you to Propeller in a new tab. Provide the employer and full fund request, not a member benefit claim. Check any issued document and complete required execution and delivery. Applying is not fund acceptance.

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