Skip to content

California bonds

California — U.A. Local No. 447 Pipe Trades Benefit Plans Wage & Fringe Benefits Bond

Prepare the employer's U.A. Local 447 Pipe Trades Benefit Plans wage and fringe request. Have the agreement and full plan names ready before using Purchase Now.

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

Recorded state
California
Category
Employment, wages & benefits

What this bond does

The offering concerns employer wages and benefit remittances secured by the requested Local 447 instrument.

Who needs it
The employing pipe-trades business asked to furnish the wage/fringe undertaking.
Who it protects
Use each plan, fund or trustee designation required by the form. Pipe Trades Benefit Plans is a context label, not a substitute for the full legal beneficiary wording.

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.

Carry the plan names and payment instructions into the request

Keep the employer agreement, reporting reference and remittance instructions together. Check the required instrument against the security demand instead of naming a benefit program from memory or an employee enrollment record.

This employer payment security is different from ERISA fidelity protection against dishonest handling of plan assets. It also does not provide employee insurance benefits or replace a project construction payment bond.

Sources

Have these ready

  1. Employer legal name and Local 447 agreement.
  2. Current plan or fund security demand.
  3. Wage and fringe remittance/reporting details.
  4. Complete recipients, form, sum and dates.
  5. Directions for execution and plan-office delivery after issuance.

Questions about this bond

Should I list only Local 447?

Follow the required form. Separately named plans, funds or trustees should not be omitted because the title includes the union local.

Is this plan fidelity or employee health coverage?

It addresses the employer's payment undertaking. Plan-asset fidelity and employee insurance benefits serve different purposes.

Is a set amount or term shown?

Neither is stated here. Use the employer's current demand, not total plan assets or another pipe-trades local's sum.

Where do I start the application?

Purchase Now opens Propeller in a new tab. Provide employer and request details. Check the bond after issuance and complete required execution and delivery. Application does not establish plan-office 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