Mobile Notary Directory Notary @ Your Door: Learn to Differentiate from Bonds and Insurance. Do not get them mixed up. Notary @ Your Door mobile notary public

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Saturday, November 12, 2011

Learn to Differentiate from Bonds and Insurance. Do not get them mixed up.


Bonds & Insurance

Bonds: Protect Public from Notary Misconduct

E&O Insurance: Shielding Your Personal Assets

In many states, every Notary must purchase a surety bond in order to protect the public financially from the possibility of that Notary's future negligent mistakes or intentional misconduct. Up to the dollar amount of the bond, the state-licensed surety will reimburse any person financially harmed by the Notary's improper actions, if the Notary is unable to do so. However, the Notary is then required by law to pay back the surety any funds it pays out on his or her behalf.
The bond is not insurance for the Notary -- it is protection for the public against mistakes and misconduct by the Notary!
Time and again, blameless Notaries are sued and have to prove that they acted properly -- but doing so can be expensive. The Notary's greatest protection against the financial ravages of a lawsuit is Errors and Omissions Insurance. An E&O policy shields the Notary's personal assets.
If you are ever accused of misconduct as a Notary for unintentional "honest" mistakes, E&O insurance from the NNA will not only provide for your legal defense, but also absorb the cost of any settlements or court-ordered cash damages -- up to the limit of the policy.
There is no deductible, and policies are very affordable, starting at only a few cents a day.
Obtain your Bond or or purchase a complete Notary Supply Package to become a Notary Public or torenew your Notary commission.
Need Help?
            1-800 US NOTARY      (            1-800-876-6827      )
BONDS AND E&O POLICIES UNDERWRITTEN BY MERCHANTS BONDING COMPANY (MUTUAL), DES MOINES, IOWA. PENNSYLVANIA BONDS AND E&O POLICIES UNDERWRITTEN BY NATIONS BONDING COMPANY, AUSTIN, TEXAS, A SUBSIDIARY OF MERCHANTS BONDING COMPANY (MUTUAL). AGENT FOR ALL BONDS AND E&O POLICIES IS NNA INSURANCE SERVICES, INC.

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