Zurich North America Surety announced its new Notary Bond/Errors & Omissions Package to serve notaries public. The package, distributed through the company’s network of licensed independent agents, combines a notary public bond and an errors & omissions liability policy.
The bond is intended to protect the public against harm or loss due to an improper notarization. The errors & omissions (E&O) liability policy is an optional coverage that supplements the notary bond. It protects the notary public against loss of personal assets if the claims and losses under the bond are based upon any negligent act, error or omission of the notary.
The 31 states that require notaries public also require notary bonds. To date, 20 states or localities have approved filings for the new Zurich package, which is available to current Zurich North America Surety notary bondholders and notaries public. They are: Alaska, Alabama, Arkansas, Arizona, District of Columbia, Hawaii, Idaho, Illinois, Indiana, Kentucky, Michigan, Missouri, Montana, North Dakota, Nevada, Pennsylvania, South Dakota, Tennessee, Utah, and Wisconsin.
Registered agents can find both the notary bond form and the E&O policy form at Zurich North America Surety’s online forms library at www.zurichna.com/surety.
urich North America Surety (formerly part of The Fidelity and Deposit Companies or F&D) is a provider of commercial and contract surety bonds for the construction, commercial and government markets in all 50 states, through a network of approximately 5,000 independent agents and 32 field offices.
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