A New York State Union Welfare Wage Bond is a type of surety bond that guarantees that employers in New York State will abide by the collective bargaining agreements they have with their labor unions. It is intended to ensure that employers comply with the terms of the agreement, such as wages and benefits, and to protect union members from any losses due to non-payment.
The price you'll pay for your New York Wage Bond is generally based on your personal credit score. Start a free online quote by just completing a simple app or by calling 888-518-8011. Our experts will walk you through a very simple process. Compare our quote as the very lowest price, and then you're good to go! It's that simple!
We provide all types of New York Wage Bonds. Worldwide Insurance Specialists, Inc. has "in house" underwriting authority with the largest and best Surety (Insurance) companies in the world including, Great American, Liberty Mutual, Philadelphia, Travelers, and CNA Surety. All of these surety bond companies are A-rated under the AM Best credit rating system, and T-listed with the U.S. Department of Treasury. This guarantees that by getting bonded through us, you will be provided the backing of these highly trustworthy and reliable companies.
The application process for a New York Wage Bonds is easy! Many Bonds are INSTANT ISSUE! Easy Application, no underwriting, no credit check, no GIA required. Our NEW Desktop underwriting program provides you with a rapid approval process used to determine the degree of risk that you (the Principle) complete a project or obligation. Non-INSTANT ISSUE quotes can also get instantly approved. Submissions require very little information from you. Once you file and sign an indemnity agreement, we issue the Bond. It's that simple! We quote and issue Surety Bonds of every type and will help you through the entire process. These applications only require basic information about your business, bond type, and ownership structure. Once the application is complete, we submit to the insurance company (Surety) who will then issue your bond. Don't pay too much! Get your Bond Fast, and Easy with the best price! Click here to start the New York Wage Bond Application process.
An obligee is the entity that is requiring you to have the New York Wage bond.
For your convenience you can view a sample copy of the New York New York Wage Bond Form.
Obligee: DISTRICT COUNCIL NO.9 OF NEW YORK
Street: 45 WEST 14TH STREET
State: New York
Zip: 10011