Indiana — IBEW Local No. 153 Wage And Fringe Benefits Bond
For an IBEW Local 153 wage and fringe benefit request in Indiana, start with the employer's agreement and reporting details. Purchase Now opens the application for this payment-security offering.
Continue to our secure checkout partner, Propeller (opens in a new tab).
- Recorded state
- Indiana
- Bond type
- Wage & Fringe Benefits Bond
- Category
- Employment, wages & benefits
What this bond does
The bond concerns the Local 153 employer wage and benefit undertaking set out in the requested form. Its scope follows the agreement and instrument rather than every payment connected with an electrical job.
- Who needs it
- The employing business responsible for the wages and fringe remittances named in the bond demand.
- Who it protects
- Identify wage recipients and benefit-fund interests as the form requires. Use the employer as applicant and preserve any separate fund or trustee designations.
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 structure (opens in a new tab)Checked October 23, 2026
Have these ready
- Employer legal name and Local 153 agreement reference.
- The current wage/fringe security demand.
- Relevant payroll schedule and fund remittance instructions.
- Required form, recipients, amount and effective period.
- Post-issuance signature and submission instructions.
Questions about this bond
Does the local number identify all covered funds?
The requested form identifies the beneficiaries. Check each name rather than assuming all funds associated with Local 153 are included.
Does it replace other worker or project protection?
Employee insurance provides policy benefits, ERISA fidelity concerns dishonest handling of plan assets, and construction payment bonds address project contracts. Those are different from this employer payment undertaking.
Which amount and term should I request?
Use the security demand for this employer. No amount or term is stated here, so do not use a project value or another IBEW local's amount by default.
What happens after I begin?
Purchase Now opens Propeller in a new tab for the application. After issuance, check the document, complete required execution and deliver it to the requesting office. Recipient acceptance is a separate step.