Maryland Employment Agency | Employment Agency Surety Bond
Also known as: employment agency bond
Type of Bond
A Maryland employment agency bond is a type of surety bond that may be required for businesses operating as employment agencies in the state of Maryland. It serves as a financial guarantee that the bonded agency will comply with the laws, regulations, and licensing requirements governing the employment agency industry. The purpose of the bond is to protect job seekers and ensure that employment agencies operate with integrity, professionalism, and in compliance with established guidelines. It provides assurance that the bonded agency will fulfill their obligations, handle job placements responsibly, and protect the rights of job seekers. By obtaining the bond, the employment agency agrees to abide by the requirements set forth by the Maryland Department of Labor or other relevant authorities. This may include obtaining the necessary licenses, maintaining accurate records, providing fair and lawful employment services, and adhering to anti-discrimination laws. If the employment agency fails to meet their obligations or violates the terms of the bond agreement, a claim can be filed against the bond. This allows job seekers or affected parties to seek financial compensation for any damages, losses, or non-compliance issues resulting from the agency's actions. The bond amount for a Maryland employment agency bond is typically determined based on the state's requirements and may vary depending on factors such as the agency's size or the number of job placements made. Employment agencies should consult with the Maryland Department of Labor or a surety bond provider to understand the specific bond amount and requirements applicable to their licensing and regulatory obligations.
Program
The price you'll pay for your 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 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 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.
Obligee Information
An obligee is the entity that is requiring you to have the Employment Agency bond.
For your convenience you can view a sample copy of the Maryland Employment Agency Bond Form.
Obligee: Department Of Labor And Regulation
Street: 1100 North Eutaw St Room 606
State: Maryland
Zip: 21201
If you or your business needs help in obtaining a surety bond or commercial insurance give us a call!