Notarizing Without Being Face-2-Face

I got this notice from the State of Maine recently…

In short, emergency measures in Maine allow notaries to notarize without in-person proof of identity.  That is all well and good. However, if you do that and there is a lawsuit because the person was not who they say they are do not expect your banker’s professional liability insurance to protect you.

Most bank insurance policies specifically exclude suits resulting from notary without being face-to-face.

Some insurers will add coverage. You must ask for it though.

If your bank is doing remote notary services contact your insurer.