Erros and Omissions Insurance, it can save both notary and public
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Erros and Omissions Insurance, it can save both notary and public

Many notaries throught the nation do not have Errors and Omissions insurance which protects the customer/public in cases where a notary made a error or forgot t ( ommitted ) information on a document , be it a jurat, acknowledgement, oath, affadavit etc.  If this causes the customer financially the notary who is covered with an Errors and Ommissions insurance policy can have it paid ( up to the ammount of coverage on the policy which typically is $50,000 or $100,000)  so it also helps the notary because now the notary who made such an error or ommission does not have to pay out of their own pocket.  An error is just making a mistake in how the notarization was done, an ommission is leaving out say for example the date, the persons, name, forgetting to put the notary stamp or seal on the notarized document or other information that should have been part of the notarization.
 
 QUESTION, does the notary you or your company or even at your company HAVE ERRORS AND OMMISSION insurance and if the answer is yes... is the coverage high enough for the type of business papers being notarized?

23 Comments to Erros and Omissions Insurance, it can save both notary and public:

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Omega Watches on Wednesday, October 08, 2014 12:12 AM
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Life Insurance Over 75 on Friday, October 10, 2014 12:51 AM
Good blog post this blog is vary informative for me !!This blog is related to omission insurance !!you or your company or even at your company HAVE ERRORS AND OMMISSION insurance and if the answer is yes... is the coverage high enough for the type of business papers being notarized?
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An error is just making a mistake in how the notarization was done, an ommission is leaving out say for example the date.
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