
I need to obtain a Wage & Welfare bond. What is the difference between Fringe Benefit and Benefit and Wages? Is one more expensive than the other?
There could be different pricing depending upon what your Wage & Welfare bond covers. Benefit and Wage coverage takes care of both the union benefits AND the wages - assuring that the Principal makes the required payments to the funds and pays the union members their wages. A benefit bond would only cover the pension plans and other benefits.Originally Posted by Bond Magician
I need to obtain a Wage & Welfare bond. What is the difference between Fringe Benefit and Benefit and Wages? Is one more expensive than the other?
Hope that makes sense.
Copyright © 2003 - echo date("Y"); ?> JW Bond Consultants, Inc. All Rights Reserved. Pipersville, PA
Terms & Conditions | Privacy Policy | Sitemap | XML | A surety bond only agency.