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New York bonds

New York — IBEW Local No. 1249 Insurance Fund Bond

Preparing employer contribution security for the Local 1249 Insurance Fund? Bring the actual New York fund request and employer agreement to Purchase Now.

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Recorded state
New York
Bond type
Wage, Welfare & Union Benefits Bond
Category
Employment, wages & benefits

What this bond does

The required instrument identifies the employer remittances secured. Insurance Fund is the recorded fund reference, not an employee insurance policy being bought through the bond application.

Who needs it
The employer responsible for the actual Insurance Fund contribution/security demand, rather than a member arranging coverage or a fund trustee seeking plan-asset protection.
Who it protects
Use the complete required fund/trustee and employer entries. The fund label does not establish every Local 1249 benefit plan as a beneficiary.

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.

Keep the Insurance Fund request distinct from the office directory

Local 1249's public site lists an Insurance & Pension Benefit office and a separate safety training fund office, alongside member services. Those directory entries do not establish pension or training payments as secured by this Insurance Fund offering.

Bring the full actual employer instrument for payment scope and legal beneficiaries. Neither a benefit-office contact nor a member dues login is this provider's bond application. Project payment security is not automatically the required fund undertaking either.

Sources

Have these ready

  1. Legal employer and applicable Insurance Fund contribution agreement.
  2. Complete New York Local 1249 fund-security demand.
  3. Actual employer contribution account/reporting references.
  4. Full legal funds/trustees, required form, requested sum and dates.
  5. Issued-document execution and fund delivery instructions.

Questions about this bond

Does this buy insurance for an individual member?

This application concerns the actual employer fund-payment security request. It does not enroll a member or determine insurance eligibility.

Does the benefit-office directory include pension and training in this bond?

The directory does not supply that determination. Use the complete Insurance Fund instrument rather than assuming every office or plan is a beneficiary.

Is a trustee's ERISA fidelity bond the same request?

Protecting plan assets against dishonest handling differs from employer contributions. The word Fund does not establish that separate fidelity undertaking.

How do I begin the employer application?

Purchase Now opens Propeller in a new tab. Provide the full Local 1249 Insurance Fund employer demand, review the issued form and finish required signing and submission. Applying does not establish the fund's acceptance.

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