Texas Local Union 67 Wage and Welfare Bond

Texas Local Union 67 Wage and Welfare Bond

The Sheet Metal, Air, Rail, and Transportation International Association (SMART) requires employers of their Local Union No. 67 members to acquire a custom Sheet Metal Workers Local Union 67 Bond, otherwise known as the Texas Local Union 67 Wage and Welfare Bond.

APPLY FOR BOND

Jet Insurance Company provides the Local Union 67 Wage and Welfare Bond to act as a form of financial assurance that the union member will fulfill all contractual obligations, which includes appropriately contributing to the SMART International Association’s various worker funds (Health and Welfare Plan, Pension Funds, etc.) for each hour paid for and performed by employed sheet metal workers. If the employer fails to uphold such requirements, the surety bond may be used to cover any overdue funds and/or administrative costs incurred by the Association.

What Is the Bond Limit and Cost of the Local Union 67 Wage and Welfare Bond?

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Your required limit for the Local Union 67 Wage and Welfare Bond is based on either the number of hours worked by your union member employees in the past year or your overall contribution for fringe benefits. The SMART International Association, Local Union No. 67 will determine the calculation process and appropriate custom limit ranging from $10,000 to $100,000.

As for an idea of what your custom bond limit should look like, the Association will either mandate a bond limit that is equal to 170 hours of wages for each union member employed or they will require an amount equal to the total contributions made for fringe benefits such as 401-K’s, Equality Funds, and/or Industry Funds. Whichever amount is greater will be the Association’s chosen bond limit.

Bond LimitCost
$10,000$250
$25,000$500
$50,000$1,000
$100,000$2,000
Texas Local Union 67 Bond Pricing

At Jet, the cost of the Local Union 67 Wage and Welfare Bond is determined through a personal credit check of the applicant and the limit of the bond. For example, employers seeking a $10,000 bond amount can qualify for a $250 one-year bond term. For additional custom limits and Jet approved rates, take a look at the price chart above.

The Texas Local Union 67 Wage and Welfare Bond Process With Jet

Simply click the “View Your Price” button above to be directed to our Local Union 67 Wage and Welfare Bond application. We will begin by asking you for some general information such as your contact details, an indication of the required bond limit, and your personal social security number for a soft credit check (this won’t affect your score). Once submitted, a quick review will be conducted by a Jet underwriter. You will then receive approved rate options that are ready for immediate purchase. Just fulfill the payment due and receive a copy of your receipt and bond form instantly. 

Jet can file your surety bond for you at no extra cost! However, if you would prefer to file the bond form yourself, perhaps along with any additional paperwork required, the option to do so may be selected at checkout.

The original signed and sealed Sheet Metal Workers Local Union 67 Bond must be submitted to the SMART International Association at their San Antonio, Texas office. The mailing address can be found listed below.

SMART International Association
Local Union No. 67
7551 Callaghan Road, Suite 320
San Antonio, TX 78229

The Local Union 67 Wage and Welfare Bond is issued for a term of one year at a time. If you are planning on continuing the employment of a union member, your surety bond will require renewal. No need to worry though, our renewal process at Jet is quick and easy! The Jet team will send a renewal invoice to you via mail and email prior to your official bond term expiration date. All you need to do is fulfill the standard payment due and your bond will remain active with the Association for another term. 

You can cancel your surety bond with Jet at any time. Simply send a written cancellation request to us at [email protected], and once received our team will begin the process. An official termination notice will be sent to the SMART International Association. The liability of your Wage and Welfare Bond will then be released within 30 days of notice.

How Does a Texas Employer Avoid Wage and Welfare Bond Claims?

As an employer of the Sheet Metal Workers Local Union No. 67, you are expected to fulfill all wage and welfare benefits required. This includes paying employees for each hour performed and contributing to the various fringe benefits funds no later than the 20th day of the month following the month in which they were accrued.

Failure to subsequently complete the contractual obligations may result in the SMART International Association filing a claim on the Local Union 67 Wage and Welfare Bond on behalf of any damaged union member employee. The bond will cover the wages and benefits due to the employees, as well as any legal fees incurred by the Association due to the filing of the bond claim.

If you receive an official claim notice from the SMART International Association, contact Jet as soon as possible. Once contacted, our team will go over the claims process, as well as ask for all available information and documentation regarding the claim. These tools will be used for Jet’s own review and investigation of the alleged wage and welfare violation.

In cases where the claim is found to be justified, Jet Insurance Company is legally obligated to make payment up to the bond’s limit. You, the employer, are held responsible for your own actions and are required to reimburse Jet for the full claim payout amount made on behalf of your transgressions. Failure to do so will result in future difficulties in obtaining a surety bond in the State of Texas, specifically Wage and Welfare Bonds that are required when hiring local union members.

Are There Other Bonds That a Texas Employer of Union Members Needs?

If you are working with other trades such as contractors, plumbers, pipefitters, etc., you may be required by other local unions to file an additional Wage and Welfare Bond to protect its members. 

For further details, take a look at the Carpenters and Millwrights Wage and Welfare Bond, the UA Plumber Wage and Welfare Union Bonds, and the IBEW Wage and Welfare Union Bond pages.

Texas Local Union 67 Wage and Welfare Bond Form

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: