Illinois E&O Insurance
Where a notary bond protects the notary's client, E & O (Errors & Omissions) Insurance protects you (the Notary).
Can You Afford A Lawsuit?
What may seem like the smallest mistake on your part can nonetheless turn out to be very costly. Notaries are especially vulnerable because they handle so many important documents for clients. Even if a suit itself is not valid, you could still be faced with substantial legal bills in order to defend yourself. If you are not insured against it, you will most likely have to pay these defense costs out of your own pocket - regardless of whether you ultimately win or lose.
The price above included the entire four-year period.
E & O Insurance is not required, but it is recommended for your protection. If you do not elect E & O insurance, you are personally liable for any claims made against you as a Illinois notary.