Labor Unions

Union Wage & Welfare Bond

Wage and welfare bonds, also referred to as union wage bonds, are a type of surety or financial guarantee bond that a union takes out to ensure that union dues get paid in the event that a member does not pay dues. Typically, wage and welfare bonds do not have a deductible, meaning that unions [...]

By | 2020-08-03T10:16:23-07:00 August 8th, 2018|Comments Off on Union Wage & Welfare Bond

Labor Unions

Labor Union Wage & Welfare Surety Bonds are a financial guarantee product that guarantee payment of union dues and benefits for the specific local. Each union has their own specific bond form and a separate bond is required for each of them. Financial guarantee bonds are not easily written with many of today's surety companies. But, wage and welfare bonds are one [...]

By | 2018-10-16T15:28:36-07:00 December 7th, 2016|Comments Off on Labor Unions