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Indiana bonds

Indiana — Teamsters Local Union No. 142 Wage And Welfare Bond

Have a Teamsters Local 142 employer wage/welfare request? Keep the Indiana agreement and benefit remittance instructions ready before selecting Purchase Now.

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

What this bond does

The required Local 142 instrument identifies the employer wages and welfare payments being secured.

Who needs it
The employing business asked to furnish the Teamsters labor-payment undertaking in its agreement or demand.
Who it protects
Use the required union, fund or trustee beneficiaries. The Teamsters title does not itself establish a complete fund schedule or a transport licensing obligation.

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.

Use the employer labor request, not transport authority paperwork

Bring the employer agreement, payroll references and welfare contribution instructions together. A vehicle, carrier or driver document does not by itself identify the employer and legal recipients in the union security demand.

This wage/welfare undertaking is separate from operating-authority security, cargo insurance and construction project payment bonds. It is also distinct from employee insurance and ERISA fidelity protection against dishonest handling of plan assets.

Sources

Have these ready

  1. Employer legal identity and Teamsters Local 142 agreement.
  2. Current wage/welfare security demand.
  3. Payroll and relevant fund reporting references.
  4. Full recipients, required instrument, amount and dates.
  5. Execution and recipient delivery requirements after issuance.

Questions about this bond

Does Teamsters mean a motor-carrier license bond?

This offering concerns the employer wage/welfare request. Transport licensing and cargo protection are separate matters; a union name does not establish those requirements.

Should a driver or vehicle owner be named automatically?

Identify the employing business owing the secured payments from the actual agreement and demand. A transport role alone does not establish the required principal.

Is a fixed sum or annual term supplied?

Neither is stated here. Use the current Local 142 request rather than transport authority entries or another union/local's security schedule.

How do I begin online?

Purchase Now opens Propeller in a new tab. Enter the employer and complete union/fund request details. After issuance, review the bond and arrange required execution and submission. Applying does not establish recipient acceptance.

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