We found an interesting article on Identity Theft insurance and similar products. In general we remain skeptical of these products but read this article and make your own decision. The conclusion of the article is as follows:
This is no small matter. Identity theft victims have reported feeling doubly victimized, first by the criminals who ruined their credit, and second by unresponsive credit bureaus, faceless representatives and Catch-22 situations as they tried to restore their good names.
The credit bureaus have improved their customer service, and they’re gaining experience in dealing with identity theft victims.
Still, the prospect of dealing with something like this is what drives consumers to identity theft services.
Just be sure you know what you’re buying, Foley says.
“What kind of support are they offering?” he urges consumers to ask.
“If there’s a problem, how are they going to help, or are they going to toss you out there to swim on your own?”
We recommend you read the entire article which can be found here – http://news.postbulletin.com/newsmanager/templates/localnews_story.asp?z=7&a=292526
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