Connecticut Wage And Welfare | Wage And Welfare Surety Bond
Also known as: wage and welfare bond
Type of Bond
A Connecticut wage and welfare bond is a type of surety bond required by the state for employers who have been found in violation of wage and hour laws, or who have unpaid wage or benefit claims against them. The bond ensures that the employer will pay all wages and benefits owed to their employees and comply with all state wage and hour laws. The bond amount is typically equal to the total amount of unpaid wages or benefits owed, and it is determined by the Connecticut Department of Labor. If the employer fails to pay the wages or benefits owed, the state may use the bond to compensate the employees for any resulting losses.
Program
The price you'll pay for your Wage And Welfare 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 Wage And Welfare 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.
Application
The application process for a Wage And Welfare 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 Wage And Welfare Bond Application process.
Obligee Information
An obligee is the entity that is requiring you to have the Wage And Welfare bond.
Obligee: International Brotherhood Of Electrical Workers Local No 90
Street: 2 North Plains Industrial Rd
State: Connecticut
Zip: 6492
If you or your business needs help in obtaining a surety bond or commercial insurance give us a call!