Keith Richardson

We are all exposed to identity theft. With the vastness of technology and the innovative system of online payments, anyone can be a victim of identity theft. In fact, in the United States alone, there are more than 11.6 million cases of identity fraud in 2011. This rate is reported by the Javelin Strategy and Research, and the reason for many insurance companies to begin offering ID Theft Insurance. It eases the consumers in purchasing different products or service from the fear of their money being robbed by modern-day hackers.

What Coverage Will The ID Theft Insurance Offer?

Depending on the insurance company, a person can get many benefits from this type of insurance. The most common kind is the credit monitoring and alerts. With this benefit, the credit activity will be monitored 24/7. Any purchases or activity will be reported to the owner as a confirmation. Therefore, when someone opens an account with no knowledge of the owner, it will be immediately traced and blocked. This also possible in case a different person opens a loan in the owner’s name.

When these cases happen, it is normal to report it to the credit company – which can be time consuming. ID Theft Insurance takes all these tasks and will be the one to process the resolution of the case. The owner will get a credible representative in which the insurance company will be the one to report and communicate with the right authorities.

It is hard to imagine how a medical insurance can also be used by other people. An ID Theft Insurance also safeguards the person who has this kind of insurance. So, when someone tries to claim the medical insurance out of the owner’s expense, the insurance company will also be the one to immediately resolve the issues.

Other Benefits to Take Advantage From

With the wide coverage of ID Theft Insurance, it is possible that more benefits will be obtained by the insurance owner. Other services includes 24/7 customer service, emergency travel insurance and credit report. All these are only offered by a few insurance companies, and one of the most preferred is the Protect Your Bubble. It is good to always be secured in your financial standings by getting your own ID Theft Insurance now. Visit http://us.protectyourbubble.com/id-theft#What's covered for more details.