Identify Theft Insurance
Your Identity, Safeguarded
Identify Theft Insurance provides important support and guidance in managing an ID theft. It covers costs related to identity theft, including legal costs to reclaim identity and repair credit.
Insurance comes with an ID Theft Assistance service that ensures access to information on the steps and accompaniment to re-establishing identity. A team of expert can also provide the best practices to avoid the risk of such incident occurring again.
How does ID Theft Insurance works
Coverage is offered to family member living under the same household. The insurance product has two components: an insurance component and an assistance component. Insurance may include three types of compensation:
- Lawyer’s and expert’s fees related to solving the ID theft issue
- Judicial and administrative costs
- Loss of wages
- Assistance to quickly access a lawyer for relevant legal information on identity recovery and claim processing:
- Practical and detailed answers
- Unlimited number and duration of calls
- The insured can hire the lawyer of his choice.
- The lawyer’s fees, expert’s fees and court costs are paid by the insurance up to the maximum amount stipulated in the insurance contract. Costs such as loss of employment income may also be covered.
- No deductible
- Legal fees paid up to a maximum hourly rate of $150 & limits per stage
- 60-day waiting period
- $10,000 per dispute
- $20,000 per year
- Prompt and thorough handling of claims.