Indiana — IBEW Local No. 873 Wage And Fringe Benefits Bond
Prepare the Local 873 employer wage/fringe request with the Indiana electrical agreement and payroll/fund records. Purchase Now opens the provider application.
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 required instrument identifies the employer labor payments secured. Processing payroll does not by itself make a service company the required principal.
- Who needs it
- The employing business named in the actual Local 873 security demand, not automatically its outside payroll processor.
- Who it protects
- Use the full required wage, fund or trustee beneficiaries. Employer security differs from employee insurance and individual worker enrollment.
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
- Legal employer and applicable Local 873 agreement.
- Current wage/fringe demand and required principal entries.
- Payroll and employer contribution/reporting references.
- Full beneficiaries, required form, requested sum and period.
- Post-issuance execution and recipient delivery instructions.
Questions about this bond
Should the outside payroll company apply as principal?
Use the legal parties required by the actual demand. Providing payroll information does not by itself establish the secured employer role.
Do payroll reports identify all fringe recipients?
Bring the agreement and complete fund demand too. Payroll records do not necessarily supply the required legal beneficiary schedule.
Is this ERISA fidelity protection?
Protection against dishonest handling of plan assets differs from employer wages and fringe contributions. The request does not establish plan fidelity compliance.
How do I apply online?
Purchase Now takes you to Propeller in a new tab. Provide the employer and complete Local 873 demand. Review any issued document and arrange required execution and submission. Applying is not recipient acceptance.