Protection Services
You are automatically protected against the high cost of identity theft, with up to $25,000 of identity theft expense reimbursement insurance.
Identity theft is a serious crime that not only robs victims of their most basic possession, their identity, but also costs them both time and money to restore their good name. Fortunately, your protection plan covers you against many of the costs of identity theft with up to $25,000 of identity theft expense reimbursement insurance.
Program
You get money back for 100% of your covered out-of-pocket expenses up to $25,000. This insurance covers expenses, including legal fees, you may incur in your efforts to restore your financial health and clear your credit history after an identity fraud up to $25,000. There is a $100 deductible. You can be reimbursed for expenses incurred as a direct result of identity theft, including:
- Lost wages as a result of time taken off from work to deal with the fraud (up to $500/week for 4 weeks).
- Notary and certified mailing costs for completing and delivering fraud affidavits.
- Loan re-application fees for loans which were declined due to erroneous credit information caused by the identity fraud.
- Phone charges for calling merchants, financial institutions, and law enforcement agencies to discuss an actual identity fraud.
- Attorney's fees incurred, with prior consent from the insurer, for:
- Defending suits brought incorrectly by merchants and their collection agencies
- Removing criminal or civil judgments wrongly entered against you
- Challenging information in a credit report
Remember, as a member you are automatically covered for up to $25,000 of identity theft expense reimbursement insurance. Your coverage will remain in place as long as your membership is active. If you cancel your membership in the first 30 days the insurance coverage will be cancelled as of the original effective date. A copy of your certificate will be included in the membership kit that is mailed to your address.
Coverage / Exclusions
Exclusions
This policy does not apply: (a) to loss due to any fraudulent, dishonest or criminal act by an Insured Person or any person acting in concert with an Insured Person, or by any authorized representative of an Insured Person, whether acting alone or in collusion with others; (b) to loss other than Expenses; (c) to an Identity Fraud that was discovered, or Expenses incurred, when an individual was not an Insured Person; (d) to loss due to nuclear reaction, nuclear radiation or radioactive contamination, or due to any act or condition incident to any of the foregoing; or (e) to loss due to war, whether or not declared, civil war, insurrection, rebellion, revolution, or to any act or condition incident to any of the foregoing.
Effective Date
Your identity theft expense reimbursement insurance coverage will take effect after receipt of your completed Enrollment Form and the membership Plan Administrator issues your membership plan kit, which will include your Certificate of Insurance. The insurance coverage applies to expenses incurred on an identity theft which is discovered while you are a member of Privacy Matters and the plan is making this insurance available to you. If you cancel your membership in the first 30 days, the insurance coverage will be cancelled as of the original effective date.
Insurance is underwritten by Travelers Casualty and Surety Company of America and its property casualty affiliates, Hartford, Connecticut 06183-9062. Coverage for all claims or losses depends on actual policy provisions. Availability of coverage can depend on Travelers' underwriting qualifications and state regulations. Coverage not available to residents of New York.