Banks – Professional Liability Notary Services Exclusion

Bankers, a reminder about most insurance company’s professional liability coverage…

Most insurers exclude lawsuits that come out of notarized signature when the person signing the document did not appear personally before the notary.

You’d think it was a given that notaries would have to have the guy standing in front of them in order to notarize the signature. You would be wrong – as a recent claim proves.

Bankers, tell your notaries that if they notarize, they must see the person inhale and exhale.