Identity theft is one of the fastest growing crimes in the country today.  According to a 2005 survey released by the Better Business Bureau about 9.3 million people were victims of identity theft last year.  Total loss to individuals and business exceeded $50 billion dollars.

Most individuals believe their bank or credit card company will bear the burden of their loss.  What most people are unaware of is that they will not be reimbursed for the hundreds of hours and money our of pocket it could take to re-establish their credit and clear their name.  In addition, sorting out the steps required to rectify the damage imposed by identity fraud can be very confusing to the average customer.

The Enhanced ID Fraud Expense Coverage with Travelers Insurance offers the following coverages with an estimated annual premium of $25.00. 

• Coverage limit to $25,000

• Coverage for lost wages to $1,000 per week for up to 5 weeks

• No deductible

• Coverage included for the cost of elder care and day care

• Coverage begins when the fraud is discovered, not when it commenced

• Includes a third party vendor who will assign a case manager to work one-on-one with you.  The case manager will review credit reports from all three major vendors, will walk you through the process of clearing your name, and will review credit activity on a daily basis for the initial six months.

Given the proliferation of ID fraud, this coverage is important for you and your family. 

Speak to a service representative today to insure your identity!

(Information taken from Travelers Agency Bulletin)