Notary Bond FAQs
What are the general powers/functions of a notary public?
How do I become a notary?
What are the requirements to become a notary public in Illinois?
What is a Notary Errors and Omissions?
How does the E&O coverage differ from that of a Notary Bond?
What types of losses are covered?
What are the general powers/functions of a notary public?
A notary acts as an official witness to the identity of a person who comes before the notary. A notary is authorized to witness or attest a signature, administer an oath or affirmation, certify an oath or affirmation, take acknowledgments, and certify or attest a copy.
How do I become a notary?
The individual should request an application and then return to our office with the listed information. General processing on notary bonds is 2-3 business days, and then the bond and bill are mailed directly to you for filing with the state. We are licensed and can provide Notary bonds in all 50 states.
What are the requirements to become a notary public in Illinois?
You must be:
- At least 18 years of age
- A citizen of the United States or an alien lawfully admitted for permanent residence
- A resident of the State of Illinois for at least 30 days
- Able to read and write the English language
- Of good moral character
- Must have not been convicted of a felony
- Must have not had a notary commission revoked during the past 10 years
What is a Notary Errors and Omissions?
Errors and Omissions Insurance protects the notary public against any negligent and honest mistake up to the policy limit, within the policy.
How does the E&O coverage differ from that of a Notary Bond?
The notary bond insurance is protecing the general public,and does not inclued any protection for you. E&O is designed to protect the notary.
What types of losses are covered?
Even simple oversights, such as failure to affix your notarial seal or to properly identify the signer could subject you to be held personally liable for losses. Even if the claim isn't valid, you could still be faced with court costs for defending yourself. Without Errors and Omissions coverage, these losses would come out of your pocket. Since the E&O policy is an Insurance policy, it requires no repayment; no minimum or maximum deductible required.