- Errors & Omissions Insurance FAQ
- What’s the Difference? Notary Bond vs Errors and Omissions Insurance What You Need to Know
Errors & Omissions Insurance FAQ
The Difference between General Liability Insurance and Errors and Omissions Insuranceand how do i get a capital one access code what does 1 8 look like
For over 4 Million Notaries in America, their seals and stamps are a solemn tool to be used with great integrity National Notary Association, Notaries are generally viewed as trustworthy individuals handling the most important documents with the entire purpose to serve as an impartial witness. On any given day a Notary Public may validate the most vital records including mortgages, deeds, wills, and power of attorney. If you were making a mistake in your Notary role, how do you plan to correct the mistake and make the customer whole again? Do you want to protect yourself from unwanted -legal expenses and lawsuits? The Notary Bond is essentially like a line of credit. The Surety Bond Company will pay the customer the maximum amount requested and allowed under the Bond terms.
We all make mistakes, due to fatigue, distraction and being over-worked. Unfortunately, when you make a mistake as a notary, you are dealing with important and sensitive documents. Even an unintentional error can cost you a lot of money. You don't want to put your personal or business assets at risk, which is why notary insurance may be a smart investment. Notary insurance primarily consists of an errors and omissions policy that protects you if a client experiences a loss or injury due to your negligence, misinformation or other errors.
Frequently Asked Questions regarding Errors & Omissions Insurance.
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What’s the Difference? Notary Bond vs Errors and Omissions Insurance What You Need to Know