Illinois — Cement Masons' Union Local No. 502 Wages And Fringe Benefits Bond
Prepare Cement Masons Local 502 employer wage and fringe security using your Illinois agreement and fund request. Purchase Now continues to the provider application.
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- Recorded state
- Illinois
- Bond type
- Wage & Fringe Benefits Bond
- Category
- Employment, wages & benefits
What this bond does
The bond concerns the employer payment undertaking specified in the Local 502 instrument, including only the wages and fringe obligations that instrument secures.
- Who needs it
- The business employing the cement-masonry workforce named in the security demand.
- Who it protects
- Preserve the required union, fund and trustee names. A concrete customer's quality or completion interests do not identify the wage/fringe beneficiaries.
Your bond option
This is the option on record for this bond.
- Bond optionPurchase Now (opens in a new tab)Continue to our secure checkout partner, Propeller (opens in a new tab).
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.
Sources
- Texas Department of Insurance: general surety parties and project purposes (opens in a new tab)Checked October 23, 2026
Have these ready
- Employer legal name and Local 502 agreement.
- Written union/fund security demand.
- Applicable payroll and fringe remittance details.
- Required instrument, recipients, sum and dates.
- Post-issuance execution and delivery instructions.
Questions about this bond
Can another masonry trade's bond be used?
Compare the agreement, undertaking and beneficiaries with the cement masons request. Similar work descriptions do not establish identical local requirements.
Does the bond guarantee concrete quality?
This offering concerns employer wage and fringe payments. Workmanship and contract completion are different undertakings.
What amount and term should I request?
Use the current employer demand. Neither is stated here, and the concrete contract value does not establish the required payment security.
What happens after Purchase Now?
Propeller opens in a new tab for the application. After issuance, check the document and arrange required signatures and recipient submission. Starting the application does not establish acceptance.