Kentucky — IUOE Local No. 181 Wage And Welfare Benefits Bond
Preparing an IUOE Local No. 181 wage and welfare bond for your Kentucky employer agreement? Use the union or fund request to identify the payments being secured, then start the application with Purchase Now.
Continue to our secure checkout partner, Propeller (opens in a new tab).
- Recorded state
- Kentucky
- Bond type
- Wage & Fringe Benefits Bond
- Category
- Employment, wages & benefits
What this bond does
This offering concerns employer wage and welfare payment security associated with Local 181. Your agreement and requested bond wording establish the covered obligations; a reference to the local alone does not identify all benefit funds.
- Who needs it
- The employer asked to furnish Local 181 wage or welfare security, using the same legal entity named in its agreement.
- Who it protects
- The bond secures the payment undertaking for the recipients named in the form. Check whether those recipients are the union, particular funds or trustees, rather than assuming the employer is the insured beneficiary.
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
Have these ready
- Employer legal name and the applicable Local 181 agreement.
- Written bond request and any form supplied with it.
- Wage and welfare remittance information relevant to that request.
- Exact recipient names and the requested amount and effective period.
- Delivery and execution instructions to use after the provider issues the bond.
Questions about this bond
Does the local number identify every fund to include?
Use the names in the bond request and form. A local may be mentioned in an agreement without being the only recipient that must appear on the security.
Can I use a construction project bond instead?
Match the instrument to the employer wage and welfare obligation. A project-owner payment bond has different wording and is not evidence that the union or funds have received the requested security.
What amount and dates should I enter?
Use your agreement or written security request. This option does not state an amount or term; do not calculate one from the project value or another local's requirements.
How do I start the Local 181 application?
Purchase Now opens Propeller in a new tab. Enter the employer and request details there. After issuance, check the bond, complete required execution and deliver it as directed. Starting the application does not establish issuance or recipient acceptance.