Skip to content

Illinois bonds

Illinois — Local Union No. 23 Plumbing And Pipefitting Industry Wage Welfare Bond

Arrange the Local 23 plumbing and pipefitting employer's wage/welfare security using the actual agreement and fund demand. Purchase Now starts the application for this Illinois offering.

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

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

What this bond does

The offering addresses the employer payment undertaking required in connection with Local Union 23. The requested form specifies the wages, welfare payments and recipients protected.

Who needs it
The employing plumbing or pipefitting business responsible for the payments named in the demand.
Who it protects
Retain the complete union, fund or trustee beneficiary wording. The job owner's name and an individual tradesperson's credentials do not replace those designations.

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.

Match the Local 23 employer account and agreement

Keep the security request with the applicable agreement reference and remittance instructions. Use any employer reporting number to connect the application with the correct account rather than relying only on the Local 23 trade name.

A construction payment or performance bond concerns a project contract. Employee insurance and ERISA fidelity protection for plan-asset dishonesty also have different purposes from this employer wage/welfare undertaking.

Sources

Have these ready

  1. Employer legal name and Local 23 agreement.
  2. Current wage/welfare request and required instrument.
  3. Payroll and fund remittance/reporting details.
  4. Exact recipients, requested sum and dates.
  5. Post-issuance signature and submission directions.

Questions about this bond

Can a plumbing license bond satisfy the request?

Compare the obligations. This offering concerns employer wage/welfare security, not the separate undertaking associated with a trade license or project permit.

Does applying replace welfare reporting?

The employer must continue its required payments and reports. A bond application does not make the fund account current.

Is a fixed Local 23 sum or annual period shown?

Neither is stated here. Use the employer demand rather than another plumbing local's amount or an assumed annual term.

How do I begin?

Purchase Now opens Propeller in a new tab. Provide the employer and request details. After issuance, check the document and complete required execution and delivery. Recipient acceptance is a later, separate step.

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