Michigan - Roofers Local 149 Employee Contributions
Competitive Rates
| Bond Amount Required | Bond Term | Annual Premium |
| Varies | 1 Year | Starting at $100 |
Employers who have entered into a collective bargaining agreement with Roofers Local Union No. 149 may be required to maintain a surety bond guaranteeing payment of employee benefit contributions. The Michigan Roofers Local 149 employee contributions bond helps ensure employers fulfill their financial obligations to applicable union fringe benefit funds, including vacation, holiday and pension plans.
Cost of the Michigan Roofers Local 149 Employee Contributions Bond
The annual premium for a Michigan Roofers Local 149 employee contributions bond starts at $100 with NNA Surety. The final cost may vary depending on the required bond amount and applicable underwriting. Secure this surety bond today.
How the Michigan Roofers Local 149 Employee Contributions Bond Works
The Michigan Roofers Local 149 employee contributions bond provides financial assurance that employers will make required contributions to union fringe benefit funds according to their collective bargaining agreements.
The bond helps protect applicable benefit funds against covered losses resulting from an employer's failure to make required payments.
The bond involves three parties:
- Principal: Employer subject to the collective bargaining agreement
- Obligee: Roofers Local Union No. 149 or designated fringe benefit funds
- Surety: Bonding company
A claim against the bond may be filed when an employer fails to make required contributions covered by the bond. The principal is responsible for reimbursing the surety for valid covered claims paid.
How to Get the Michigan Roofers Local 149 Employee Contributions Bond
Follow these simple steps to get bonded with NNA Surety:
- Complete this short online application with your business and collective bargaining agreement information.
- Confirm the required bond amount and pay the applicable premium, starting at $100.
- Receive the bond documentation required for your agreement.
- Submit the bond as required by Roofers Local Union No. 149 or the designated fringe benefit fund administrator.
Learn more about your Michigan surety bond options across the state.
Get Your Michigan Roofers Local 149 Employee Contributions Bond
Ready to meet your Roofers Local 149 employee contribution bonding requirements? Complete this form or call 855-457-2196 to get bonded.