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Michigan bonds

Michigan — Iron Workers Local Union No. 25 Wage & Welfare Bond

Bring the Iron Workers Local 25 employer wage/welfare request and Michigan agreement to Purchase Now. The welfare-payment demand is different from arranging worker accident insurance.

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

What this bond does

The actual instrument defines employer wages and welfare remittances secured. Welfare contributions are not an employee medical-claim payment or evidence of insurance enrollment.

Who needs it
The business responsible for labor payments under its actual Iron Workers Local 25 agreement.
Who it protects
Keep required wage, local, fund or trustee entries. The employer bond request does not itself provide workers' compensation insurance or a project's construction payment security.

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 wage/welfare demand instead of general insurance evidence

Bring the full employer agreement and security request with payroll and welfare reports. A general insurance certificate does not establish that the required employer wage/welfare bond was issued, executed and delivered.

Use the actual legal beneficiaries and payment wording. This guide does not determine employee injury coverage, fund eligibility or workers' compensation compliance; those are not established by submitting the bond application.

Sources

Have these ready

  1. Legal employer and actual Iron Workers Local 25 agreement.
  2. Complete Michigan wage/welfare security demand.
  3. Payroll and required employer welfare-reporting references.
  4. Full legal recipients, instrument, requested sum and dates.
  5. Issued-document signing and recipient delivery instructions.

Questions about this bond

Does Welfare mean the bond buys worker accident coverage?

The actual employer wage/contribution security request is not insurance enrollment or evidence of workers' compensation coverage.

Does a general insurance certificate prove the bond requirement is complete?

It does not establish issuance, execution and delivery of the required Local 25 instrument. Use the actual security and submission instructions.

Is ERISA fidelity protection the same purpose?

Protecting plan assets against dishonest handling differs from employer wages and welfare remittances. The trade/fund reference does not establish that separate protection.

How do I start the employer security request?

Purchase Now opens Propeller in a new tab. Supply the complete Local 25 demand, review the issued form and finish required signing and submission. Applying does not establish fund acceptance or insurance compliance.

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