Illinois Employment Agency | $5,000 Employment Agency Surety Bond
Also known as: employment agency bond
Type of Bond
An Illinois employment agency bond is a type of surety bond required for employment agencies operating within the state of Illinois. The bond serves as a financial guarantee that the employment agency will comply with all applicable state laws, regulations, and industry standards while conducting their business. The primary purpose of the bond is to protect the interests of job seekers, employers, and the public by ensuring that the employment agency operates ethically and responsibly. If the employment agency fails to abide by the required regulations, a claim can be filed against the bond, potentially resulting in financial compensation for the affected job seekers, employers, or other parties. To obtain and maintain an Illinois employment agency bond, the agency must pay a premium, which is a percentage of the total bond amount set by the state or local licensing authority.
Program
The price you'll pay for your $5,000 Employment Agency 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 $5,000 Employment Agency 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 $5,000 Employment Agency 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 Employment Agency Bond Application process.
The Illinois Employment Agency Bond amount is currently set at $5,000.
Obligee Information
An obligee is the entity that is requiring you to have the Employment Agency bond.
Obligee: Illinois Department Of Labor
Street: 160 No Lasalle Ste C-1300
State: Illinois
Zip: 60601
If you or your business needs help in obtaining a surety bond or commercial insurance give us a call!