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Wage & Welfare Bond 

What is a Wage & Welfare Bond?

A Wage & Welfare Bond is a type of Commercial bond that ensures that employers pay wages, benefits, and contributions to unions as agreed upon in collective bargaining agreements.


Protects union members and their families from financial loss due to employer non-payment or non-compliance. 

Why You Need It

Required by labor unions for employers to ensure the fulfillment of their financial obligations to union members. 

Required Infromation

Applicant’s personal or business information, credit history, bond amount, and union contract details. 

Bond Cost

Based on credit history and bond amount, usually 1-5% of the bond amount for applicants with good credit. 

Get A Wage & Welfare Bond 

Fill out our short form and an agent will be right with you to get you set up with your Wage & Welfare Bond!