You’ve got insurance for your home, car, and business, but have you left the protection of your identity up to chance? If so, you could be one of the more than 20,000 Canadians each year who spend an average of 600 hours recovering from the devastating effects of identity theft. Or, you could make things easier by protecting yourself with identity theft insurance.
HOW IT WORKS:
Identity theft insurance is smart, simple and affordable coverage that can be added to your existing homeowners, condo, or renters insurance policy.
WHAT IT INCLUDES:
1. Recovery expenses: It can be costly to restore your good standing and credit rating when you’re the victim of identity theft. Identity theft insurance eliminates the need for you to come out of pocket for common costs like legal fees, loan re-application fees, notary expenses and lost wages due to the time taken from work to restore your credit.
2. Assistance replacing documents: Need help tracking down birth certificates, passports, or other forms of identification that may have been lost, stolen or compromised? Many identity theft insurance plans offer assistance obtaining these important documents.
3. Peace of mind: The best benefit of having identity theft insurance is knowing you’ll have the support and resources to bounce back quickly should your personal information fall into the wrong hands.
HOW MUCH IT COSTS?
In most cases, adding identity theft insurance to your existing homeowners, condo, or renters insurance policy costs less than one dinner at a restaurant with family or friends. That’s a great value considering the coverage applies to your entire household – you, your spouse, your live-in relatives and any person under 21 in your care.
There’s no way around it, trying to restore your good name is a stressful experience. Lighten your load by giving yourself the support of a solid identity theft insurance plan. Talk to your insurance broker today about adding identity theft protection to your homeowner’s coverage.
