What is Identity Theft coverage?
Identity Theft Coverage is a type of property insurance that protects you against identity theft. The coverage provides you with free credit monitoring including email alerts when your credit report changes, assistance in contacting credit bureaus, banks, creditors and other agencies in the event of fraud, reimbursement for loss and (in some circumstances) emergency cash advances. Click Here for more information.
Before we can talk about identity theft coverage, it would be best to know more about identity theft first to keep us aware of what is going on behind our backs. Identity theft is wreaking havoc in both home and work areas. If the right information is leaked, they can use your own identity to make credit card payments or online purchases without your permission. This is often the case with web based transactions through the use of credit cards and online banking schemes. But stealing this information itself is already counted as identity theft. Evil minded computer experts are coming up with ways to read keyboard and mouse inputs from users to steal important user credentials. These are usually in the form of Trojans, worms, and keyloggers to record user input and send it to another party to be used in an illegal way. Target data includes credit card numbers, PIN, username and passwords, and the like. Identity theft coverage provides a protection from these illegal acts. The coverage i
