Louisiana Employer Organizations | $100,000 Employer Organizations Surety Bond
Also known as: employer bond
Type of Bond
An employer organization bond, also known as an employee leasing bond or professional employer organization (PEO) bond, is a type of surety bond that is required for businesses operating as employer organizations or PEOs. The purpose of an employer organization bond is to provide financial protection to the employees of the organization. It ensures that the employer organization will fulfill its obligations, such as paying wages and benefits, complying with employment laws and regulations, and fulfilling contractual obligations to the employees. In the event that the employer organization fails to meet its obligations, an affected employee can file a claim against the bond. The bond issuer, typically a surety company, will investigate the claim and may provide compensation to the employee up to the bond amount if the claim is found to be valid. Obtaining an employer organization bond is a requirement in many jurisdictions for businesses operating as employer organizations or PEOs. It helps to safeguard the rights and interests of employees, providing them with financial recourse in case of non-payment or other breaches of employment obligations by the employer organization.
Program
The price you'll pay for your $100,000 Employer Organizations 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 $100,000 Employer Organizations 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 $100,000 Employer Organizations 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 Employer Organizations Bond Application process.
The Louisiana Employer Organizations Bond amount is currently set at $100,000.
Obligee Information
An obligee is the entity that is requiring you to have the Employer Organizations bond.
For your convenience you can view a sample copy of the Louisiana Employer Organizations Bond Form.
Obligee: Louisiana Workforce Commission Employee Leasing Program Tax Liability And Adjudication Unit
Street: Po Box 94186
State: Louisiana
Zip: 70804
If you or your business needs help in obtaining a surety bond or commercial insurance give us a call!