Pennsylvania Notary Errors and Omissions Insurance
$13.00 – $416.00
Please select your desired term and coverage amount. For Pennsylvania notary applicants or new Pennsylvania notaries, we recommend selecting the full 4-year term for coverage as long as you hold the current notary commission.
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Pennsylvania notary E&O policies range from $10,000 to $100,000 and can be purchased in terms of 1, 2, 3 or 4 years. A notary bond protects the public from financial harm caused by a notary. Errors and Omissions Insurance protects you, the notary public, for cases of honest mistakes and/or omissions. One lawsuit can damage you and your family financially for many years. Rest easy knowing that your notary E&O policy will kick in to cover your legal fees and any potential claims up to the limit. Pennsylvania license number 462857
Merchants National Bonding, Inc. P.O. Box 14498, Des Moines, Iowa 50306-3498
Phone: (877) 349-6588 Fax: (877) 349-6590
NOTARY PUBLIC ERRORS AND OMISSIONS POLICY
Policy No. NRI-PA123
COVERAGE: MERCHANTS NATIONAL BONDING, INC., (”the Company”) will pay on behalf of
of ,(”the Insured”), all sums, subject to the Limit of Liability stated below, 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. The Company will also pay on behalf of the Insured, subject to the
Limit of Liability stated below, costs and expenses incurred in investigating, defending or settling the Insured’s liability arising from 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 Date hereof.
LIMIT OF LIABILITY: The liability of the Company shall not exceed in the aggregate for all claims, costs and
expenses under this policy the amount of ***TEN THOUSAND DOLLARS and 00/100*** ( *$10,000.00* ) Dollars.
(NOT VALID IF FILLED IN FOR MORE THAN $100,000)
THIS LIMIT OF LIABILITY INCLUDES COSTS AND EXPENSES INCURRED IN INVESTIGATING, DEFENDING OR
SETTLING LIABILITY. ONCE THE LIMIT OF LIABILITY STATED ABOVE HAS BEEN PAID, WHETHER BY SETTLEMENT OF A CLAIM OR CLAIMS, OR BY PAYMENT OF COSTS AND EXPENSES, THE COMPANY IS RELIEVED OF ANY FURTHER DUTY TO DEFEND OR INDEMNIFY THE INSURED UNDER THIS POLICY.
SETTLEMENT: The Company, in the Insured’s name and behalf, shall have the exclusive right to make any
settlement of any claim, suit, or other action, as the Company deems expedient.
CONDITIONS PRECEDENT: As a condition precedent to the right of indemnification or defense hereunder, the
Insured shall mail or deliver to the Company within ten (10) days after notice or knowledge of a claim or possible
claim against the Insured copies of any written notice thereof and a complete description of the facts and
circumstances alleged to give rise to such claim. Bankruptcy or insolvency of the Insured shall not release the
Company or its liability hereunder.
EXCLUSIONS: Coverage under this policy as described in the COVERAGE section of the policy above does
not apply to any acts of or allegations of (i) dishonest, fraudulent, criminal, libelous, slanderous or malicious act or
omission of the Insured; (ii) willful or intentional disregard of the law; (iii) bodily injury to, or sickness, disease or
death of any person, including but not limited to, emotional or mental distress and related conditions; (iv) injury to or
destruction of any tangible property, including the loss of use thereof; (v) fines or penalties imposed by law on
the Insured; or (vi) punitive, treble, exemplary or similarly categorized damages, including fines and penalties.
NEO 0874-0002 PA (2/15)
Page 1 of 2
CO-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 than the limit of liability stated in this policy bears to the
limit of liability of all other insurance against such loss.
SUBROGATION: In the event of any payment for any loss under this insurance, the Company shall be subrogated
to all of the Insured’s rights of recovery thereafter against any person or organization and the Insured shall execute
and deliver instruments and papers and do whatever else is necessary to secure such rights to the Company. The
Insured shall do nothing after loss to prejudice such rights.
CANCELLATION: This policy may be cancelled by the Insured by surrender hereof to the Company or any of its
authorized agents or by mailing to the Company written notice stating when thereafter the cancellation shall be effec-
tive. If this policy has been in effect for less than 60 days, we may cancel this policy for any reason by giving 30 days
advance written notice. If this policy has been effect for 60 days or more, we may cancel only for one or more of the
following reasons: (a) nonpayment of premium; (b) material misrepresentation; (c) substantial change in the risk; (d) if the Company loses its reinsurance on the risk; (e) if the Insured does not comply with policy terms, conditions, or duties; or (f) any other reason approved by the Insurance Commissioner. If this policy is cancelled for reasons (a) and (b) above, we will provide written notice to the Insured at least 15 days before the effective date of cancellation. If this
policy is cancelled for reasons (c) through (f) above, we will provide written notice to the Insured at least 60 days before the effective date of cancellation. The reason for cancellation shall be stated on the notice.
The mailing of notice as aforesaid shall be sufficient proof of notice. Delivery of such written notice either by the
Insured or by the Company shall be equivalent to mailing. The time of surrender or the effective date and hour of
cancellation stated in the notice shall become the end of the policy period. If the Insured cancels, the premium shall
be fully earned. If the Company cancels, return premium shall be computed pro rata.
EFFECTIVE DATE: 12:01 AM January 29, 2020 EXPIRATION DATE: 12:01 AM January 29, 2021
Attest: MERCHANTS NATIONAL BONDING, INC.,
William Warner, Jr., Secretary Larry Taylor, President
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NEO 0874-0002 PA (2/15)
|E&O Term|| |
1-Year, 2-Years, 3-Years, 4-Years
|E&O Coverage|| |
$10,000, $15,000, $25,000, $30,000, $35,000, $50,000, $100,000