Ohio Sheet Metal Workers Local Unions 24 and 33 Wage and Welfare Bonds

Ohio Sheet Metal Workers Local Unions 24 and 33 Wage and Welfare Bonds

An Ohio Wage and Welfare Bond is required for all employers of union members of the Sheet Metal Workers Local Union 24 or the Sheet Metal Workers Local Union 33. This surety bond is a form of financial protection for unions and their members when they have not been paid dues owed to them by the employer.

APPLY FOR BOND

Jet Insurance Company simplifies the bonding process with our quick online application and affordable rates. Click the button above to apply!

What Is the Bond Limit and Cost of an Ohio Steel Metal Workers Wage and Welfare Bond?

The Bond by Contractors to Secure Payment of Wages and Fringe Benefits required by Local Union 24 has a bond limit of $10,000. The Sheet Metal Trades Contractor's Wage and Benefit Funds Bond required by Local Union 33 has a bond amount of $7,000. The starting price of either bond is $250, based on a soft credit check.

Bond TermCost
Monthly$10
1 Year$100
2 Years$175
3 Years$250
Ohio Sheet Metal Workers Local Union Bond Cost

Unlike brokers and agents, Jet doesn’t add on commissions or fees to raise your costs. The price you pay is solely the cost of the bond. We will even take care of filing the bond for you, free of charge!

The Ohio Steel Metal Workers Wage and Welfare Bond Process With Jet

Jet’s application only asks for the information necessary to provide you a quote, including your social security number for the soft credit check (it won’t affect your credit score). Once the application is submitted, Jet completes a quick review of the information and provides you with a quote shortly after.

You will be able to purchase the bond online and receive an emailed copy of the bond and your receipt immediately after. Jet will gladly file the bond for you, but should you choose to file the bond yourself, it should be sent to the union you hire members from. Find addresses for Local Union 24 and Local Union 33 below:

Local Union No. 24 Sheet Metal Workers’ International Association
3035 Lamb Ave
Columbus, OH 43219

SMW Local 33 – Cleveland District
12515 Corporate Dr.
Parma, OH 44130

Jet will send you a mailed and emailed invoice when the bond’s renewal date is approaching. As long as you remit payment, your bond will stay active. You are required to hold a bond for the duration you hire members from either union.

Jet allows you to cancel at any time by sending a request to [email protected]. Jet will immediately notify the appropriate union. The Sheet Metal Workers Local Union 24 requires the bond to be active for 60 days upon receipt of cancellation notice, and the Sheet Metal Workers Local Union 33 keeps the bond active for 30 days upon notice. If the bond is cancelled early, the cancellation period must be taken into account for any potential refunds.

How Does an Employer of an Ohio Sheet Metal Union Worker Avoid Bond Claims?

Local unions 33 and 24 have the best interest of their members in mind, which is why the bond is required for anyone hiring a member. Employers must pay fringe benefits, wages, salaries, funds, or any other method of compensation required by the union. Ensuring you pay owed dues to the union member you hired is the best way to avoid a bond claim.

If you do have a claim filed on your Wage and Welfare Bond, Jet will ask you to provide all documentation possible and start a thorough review of the details. Jet must pay out any valid claims in the full claim amount, not to exceed the bond limit. The bond pays out for one reason only: failure or refusal to pay wages and/or benefits to the union member, resulting in their financial loss. Because it is your sole responsibility to pay the union members you hire, failure to do so makes you liable to reimburse Jet for any paid out claims.

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: