International Union of Painters and Allied Trades Wage and Welfare Bond

A Wage and Welfare Bond (aka Union Bond) is required for contractors employing local members of the International Union of Painters and Allied Trades (IUPAT), previously known as the International Brotherhood of Painters and Allied Trades.

VIEW YOUR BOND PRICE

Jet Insurance Company provides the Wage and Welfare Bond to act as a financial tool that guarantees compensation is available should the employer fail to pay rightfully due wages and/or benefits to the employee or IUPAT local union.

What Is the Limit and Cost of the IUPAT Wage and Welfare Bond?

The local union that the employee is a member of will determine the appropriate bond amount required. Typically, Wage and Welfare Bond limits are based on the employee’s average hours worked each month and should cover all benefits or any other union dues.

At Jet, the cost of the Union Bond is a small percentage of the bond limit and is based on the credit score of the employer. A review of the contractor’s business financials may be necessary if the limit is on the higher side. 

If you are seeking up to a $10,000 limit, prices start at $200 for a one-year bond term or a convenient $20 a month. For additional bond limits and Jet’s preferred tier rates, take a look at the chart below. 

Bond LimitMonthly Cost1-Year Cost
Up to $10,000$25$250
$25,000$50$500
$50,000$100$1,000
$100,000$200$2,000
IUPAT Wage and Welfare Bond Pricing

Wage and Welfare Bonds are only required if you are actively employing a union member. With this in mind, Jet’s monthly payment option is a great choice as it keeps the bond active for as long as payments are made or until cancellation is sought. So, if your union laborer(s) unexpectedly quit, you’re not waiting for a refund for any unused amount paid up front.

The IUPAT Wage and Welfare Bond Process With Jet

The International Union of Painters and Allied Trades Wage and Welfare Bond application can be completed online with Jet. To begin, the app asks for your contact details, the required bond limit, and your social security number for a soft credit check (this process won’t impact your score in any way). 

As said before, higher bond amounts need a little extra attention, so a Jet underwriter will give you a quick call for further details if this is the case. Either way, you’ll receive approved rate options via email that are ready for online purchase once the application has been processed. Simply choose the best plan that works for you and fulfill the payment. You’ll then receive a copy of your receipt and digital bond form instantly. It’s that easy! 

The Jet team can file your bond for you, or you are welcome to take care of this step yourself. All you need to do is select either option at check out. The original signed and sealed Wage and Welfare Bond, along with any other required documents, must be filed with the local union district that your employee is an active member of.

The mailing address and contact information for each International Union of Painters and Allied Trades district council or local union can be found on the Contact an IUPAT District Council or Local Union webpage. If you have further questions, the IUPAT’s main contact info can be found listed below. 

IUPAT International Office
7234 Parkway Drive
Hanover, MD 21076
410-564-5900
[email protected]

How to Renew My Bond

For annually-purchased bonds, see Jet’s process to renew your bond. Hint: it’s simple.

How to Cancel My Bond

See the details surrounding cancelling your bond.

Bond Claim Process

Employers should know what causes a Union Bond claim and the claim process details.

iupat wage and welfare bond

Notary Bond Application:

X

Business Information:

Indemnity Agreement:

I, the undersigned, hereby apply for a Dishonesty Bond also known as a Business Service Bond or Janitorial Service Bond (“bond”) to the Surety Company (“SURETY”) through Jet Insurance Company (“JET”), with whom I hereby grant the authority to act on my behalf with respect to the bond and assign as my Broker of Record, and declare that the statements herein are true and correct. In consideration of the SURETY issuing, renewing or substituting said bond(s), I, individually and as the owner or officer of the bonded entity, hereby understand and agree, as follows: (i) to reimburse, hold harmless, and indemnify SURETY upon demand for all loss, liability, claim, expense, including but not limited to attorneys’ fees, expert’s fees, investigative fees and claims handling fees, and any other cost which SURETY shall pay or incur in defense, adjustment, or settlement of such claims/suits by reason of such suretyship; (ii) that an itemized statement of loss and expenses by SURETY shall be indisputable proof of my liability to SURETY; (iii) coverage is subject to a $100 deductible; (iv) the employee must be convicted before coverage will apply (v) performance and any form of dispute resolution of this agreement shall take place in the county of SURETY's office of service; and (vi) a facsimile copy or electronically signed version of this agreement shall be binding as if it were an original. This agreement shall survive any changes in, substitute to or renewal of the bond(s).

Required Effect Date of Bond Policy:

Contact Information:

Employee Dishonesty Bond Application:

Business Information:

Business Description:

Coverage Requirements:

Indemnity Agreement:

I, the undersigned, hereby apply for a Dishonesty Bond also known as a Business Service Bond or Janitorial Service Bond (“bond”) to the Surety Company (“SURETY”) through Jet Insurance Company (“JET”), with whom I hereby grant the authority to act on my behalf with respect to the bond and assign as my Broker of Record, and declare that the statements herein are true and correct. In consideration of the SURETY issuing, renewing or substituting said bond(s), I, individually and as the owner or officer of the bonded entity, hereby understand and agree, as follows: (i) to reimburse, hold harmless, and indemnify SURETY upon demand for all loss, liability, claim, expense, including but not limited to attorneys’ fees, expert’s fees, investigative fees and claims handling fees, and any other cost which SURETY shall pay or incur in defense, adjustment, or settlement of such claims/suits by reason of such suretyship; (ii) that an itemized statement of loss and expenses by SURETY shall be indisputable proof of my liability to SURETY; (iii) coverage is subject to a $100 deductible; (iv) the employee must be convicted before coverage will apply (v) performance and any form of dispute resolution of this agreement shall take place in the county of SURETY's office of service; and (vi) a facsimile copy or electronically signed version of this agreement shall be binding as if it were an original. This agreement shall survive any changes in, substitute to or renewal of the bond(s).

Required Effect Date of Bond Policy:

Contact Information:

Contract Bond Application:

X

Business Information:

Owner Information:

Job Details:

Indemnity Agreement:

I, the undersigned, hereby apply for a Dishonesty Bond also known as a Business Service Bond or Janitorial Service Bond (“bond”) to the Surety Company (“SURETY”) through Jet Insurance Company (“JET”), with whom I hereby grant the authority to act on my behalf with respect to the bond and assign as my Broker of Record, and declare that the statements herein are true and correct. In consideration of the SURETY issuing, renewing or substituting said bond(s), I, individually and as the owner or officer of the bonded entity, hereby understand and agree, as follows: (i) to reimburse, hold harmless, and indemnify SURETY upon demand for all loss, liability, claim, expense, including but not limited to attorneys’ fees, expert’s fees, investigative fees and claims handling fees, and any other cost which SURETY shall pay or incur in defense, adjustment, or settlement of such claims/suits by reason of such suretyship; (ii) that an itemized statement of loss and expenses by SURETY shall be indisputable proof of my liability to SURETY; (iii) coverage is subject to a $100 deductible; (iv) the employee must be convicted before coverage will apply (v) performance and any form of dispute resolution of this agreement shall take place in the county of SURETY's office of service; and (vi) a facsimile copy or electronically signed version of this agreement shall be binding as if it were an original. This agreement shall survive any changes in, substitute to or renewal of the bond(s).

Required Effect Date of Bond Policy:

Contact Information:

Worker's Compensation Application:

X

Business Information:

Business Description:

Coverage Requirements

Indemnity Agreement:

I, the undersigned, hereby apply for a Dishonesty Bond also known as a Business Service Bond or Janitorial Service Bond (“bond”) to the Surety Company (“SURETY”) through Jet Insurance Company (“JET”), with whom I hereby grant the authority to act on my behalf with respect to the bond and assign as my Broker of Record, and declare that the statements herein are true and correct. In consideration of the SURETY issuing, renewing or substituting said bond(s), I, individually and as the owner or officer of the bonded entity, hereby understand and agree, as follows: (i) to reimburse, hold harmless, and indemnify SURETY upon demand for all loss, liability, claim, expense, including but not limited to attorneys’ fees, expert’s fees, investigative fees and claims handling fees, and any other cost which SURETY shall pay or incur in defense, adjustment, or settlement of such claims/suits by reason of such suretyship; (ii) that an itemized statement of loss and expenses by SURETY shall be indisputable proof of my liability to SURETY; (iii) coverage is subject to a $100 deductible; (iv) the employee must be convicted before coverage will apply (v) performance and any form of dispute resolution of this agreement shall take place in the county of SURETY's office of service; and (vi) a facsimile copy or electronically signed version of this agreement shall be binding as if it were an original. This agreement shall survive any changes in, substitute to or renewal of the bond(s).

Required Effect Date of Bond Policy:

Contact Information: