Alabama Notary Bond – Travelers Insurance

Description

This 4 year, $25,000 Alabama notary bond is required for all applying Alabama notaries public. E&O can be purchased up to $100,000. This can be delivered electronically via email in most instances.  For Mobile, Montgomery and Tuscaloosa counties, we are required to mail the notary bond to you with a “wet” signature from a licensed Alabama insurance agent.  Alabama notary bonds are offered through Notary Rotary, Inc.

Bond text:

BOND No._______________

BOND OF NOTARY PUBLIC
ALABAMA

STATE OF ALABAMA

____________________ COUNTY

KNOW ALL MEN BY THESE PRESENTS:

THAT WE, __________________________________________ of _________________________________________________
as Principal and, ___________________________________________________________________, a __________ corporation,
as Surety, are held and firmly bound unto the State of Alabama in the sum of ___________________________________ Dollars
( ), for the payment of which well and truly to be made and done, we bind ourselves, our heirs, executors, administrators, and assigns, firmly by these presents, and we hereby waive our right to claim personal property exempt under the laws of Alabama.

THE CONDITION OF THE ABOVE OBLIGATION IS SUCH, That whereas the above bound Principal was duly appointed to
the office of Notary Public for the State at Large on the ______ day of __________________, ________; for the term of four years in the State of Alabama.

NOW IF THE SAID Principal shall faithfully discharge all duties of said office during his/her continuance therein, then the above obligation to be void, otherwise to remain in full force and effect.

Sealed with our seals, and dated this ________ day of _________________, _________.

________________________________________ ___________________________________________

BY:________________________________________ BY:__________________________________________
Attorney in Fact Principal

Approved and ordered of Record this _______ day of _______________, _________.

_______________________________________
Judge of Probate Court

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OATH OF OFFICE

STATE OF ALABAMA
____________________ COUNTY

I, ____________________________________ do solemnly affirm/swear that I will support the Constitution of the United States and the Constitution of the State of Alabama, so long as I remain a citizen thereof; and that I will honestly and faithfully discharge the duties of the office upon which I am about to enter, to the best of my ability, so help me God.

_______________________________________
(Signature of Appointee)

Subscribed and sworn before me this ________ day of ______________, ________.

_______________________________________
Notary Public

My Commission expires ___________________

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Travelers Casualty and Surety Company
Travelers Casualty and Surety Company of America
One Tower Square, Hartford, Connecticut 06183

NOTARY PUBLIC ERRORS AND OMISSIONS POLICY
Policy No. _______________
Term Premium: ___________
Policy Effective Date: _____________

The Company will pay on behalf of _______________________________________________________________________________ of
_________________________________________________________________________ (the “Insured”), all sums which the Insured shall become obligated to pay by reason of liability for breach of duty while acting as a duly commissioned and sworn Notary Public, claim for which is made
against the Insured by reason of any negligent act, error or omission, committed or alleged to have been committed by the Insured, arising out of the
performance of notarial service for others in the Insured’s capacity as a duly commissioned and sworn Notary Public.

POLICY PERIOD: This policy applies only to negligent acts, errors or omissions which occur during the Policy Period and then only if claim, suit or other action arising therefrom is commenced within the applicable Statute of Limitations pertaining to the Insured. The Policy Period commences on the Effective Date hereof and terminates upon the expiration of the Insured’s commission as a Notary Public unless cancelled earlier as provided in this policy. This policy is not valid for more than one commission term.

LIMIT OF LIABILITY: The liability of the Company shall not exceed in the aggregate for all claims under this insurance the amount of:
$10,000 (Ten Thousand) DOLLARS
$15,000 (Fifteen Thousand) DOLLARS
$20,000 (Twenty Thousand) DOLLARS
$25,000 (Twenty Five Thousand) DOLLARS
$30,000 (Thirty Thousand) DOLLARS

In addition to the limit of liability and in accordance with the other provisions of this policy, the Company will pay costs and expenses paid and incurred in investigating, contesting or settling liability in an amount not to exceed, in the aggregate, one-half of the limit of this policy.

INSURED’S DUTIES IN THE EVENT OF OCCURRENCE, CLAIM OR SUIT:
(a) Upon knowledge of any occurrence which may reasonably be expected to result in a claim or suit, written notice containing particulars sufficient to identify the Insured and also reasonably obtainable information with respect to the time, place and circumstances thereof, and the names and addresses of the potential claimant and of available witnesses, shall be given by or for the Insured to the Company or any of its authorized agents as soon as practicable, but in no event longer than forty-five (45) days after discovery.
(b) If claim is made or suit is brought against the Insured, the Insured shall immediately forward to the Company every demand, notice, summons or other process received by him or his representative.
(c) The Insured shall cooperate with the Company and, upon the Company’s request, assist in making settlements, in the conduct of suits and the Insured shall attend hearings and trials and assist in securing and giving evidence and obtaining the attendance of witnesses. The Insured shall not, except at his own cost, voluntarily make any payment, assume any obligation or incur any expense except with the prior written consent of the Company.

EXCLUSIONS: Coverage under this policy does not apply to any dishonest, fraudulent, criminal or malicious act or omission of the Insured.

OTHER INSURANCE: If the Insured has other insurance against a loss covered by this policy, the Company shall not be liable under this policy for a greater proportion of such loss, cost and expenses than the limit of liability stated in this policy bears to the total limit of liability of all valid and collectible insurance against such loss.

CANCELLATION: The insured may cancel this policy at any time by mailing or delivering to us advance written notice of cancellation. The company may cancel this policy by mailing or delivering to the insured written notice of cancellation at least 10 days before the effective date of cancellation if we cancel for nonpayment of premium or 30 days before the effective date of cancellation if we cancel for any other reason. If we cancel, the premium refund will be pro rata and if the insured cancels, the refund may be less than pro rata. The cancellation will be effective even if we have not made or offered a refund.

Dated, signed and sealed this ____________________________.

By________________________________________________________
Authorized Representative

E-1001A (1/05)
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ISSUED BY: POLICY NO:
ISSUED TO:

THIS ENDORSEMENT CHANGES THE POLICY. PLEASE READ IT CAREFULLY.

CANCELLATION/NONRENEWAL – ALABAMA
FULL CANCELLATION – INSURER

It is agreed that:

1. The policy provisions regarding cancellation by the Company are deleted and replaced with the following:

A. We may cancel this Policy for any reason not otherwise prohibited by state law by mailing or delivering to the entity named in Item 1 of the Declarations written notice of cancellation at least 10 days before the effective date of cancellation.

2. The following is added and supersedes any other provision to the contrary:

NONRENEWAL
A. If we decide not to renew this Policy, we will mail or deliver written notice of nonrenewal to the entity named in Item 1 of the Declarations, at least 10 days before its expiration date, or its anniversary date if it is a Policy written for a term of more than one year or with no fixed expiration date.

3. Proof of mailing is sufficient proof of notice.

Nothing herein contained shall be held to vary, alter, waive or extend any of the terms, conditions, exclusions or limitations of the above mentioned policy, except as expressly stated herein. This endorsement is effective at the inception date stated in the Declarations and this endorsement is part of such policy and incorporated therein.

ILT-5000 (06-04)
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Additional information

Weight	N/A
Dimensions	N/A
County	Cullman, DeKalb, Limestone, Mobile, Montgomery, St. Clair, Tuscaloosa, All Others
Delivery	Email, Send Original