Identity Theft

What is Identity Theft Professional Fees Insurance?

• A policy designed to cover the cost of professional fees charged by a claims handler, solicitor or accountant incurred as a result of identity theft.
• It also provides access to a helpline offering advice and guidance. This includes template documents / letters as to how to handle the situation, including appropriate contact details.

The policy covers in brief:

• The removal of any criminal or civil judgements wrongly entered against the insured person.
• Challenging the accuracy or completeness of any information in a credit reference agency report.
• Creating documents needed to prove your innocence in terms of any financial irregularities committed unlawfully.
• Postal and phone costs you have to pay in dealing with financial institutions, the police and credit reference agencies to report or discuss an actual identity theft.
• Fees charged for reapplying for a loan which has been rejected due to the original application being rejected solely because the lender received incorrect credit information.
• Your lost earnings as a result of time away from work to go and see the police, financial institutions or credit reference agencies to report or discuss an actual identity theft.
• Limit of indemnity:

–        Any one period of insurance £50,000

–        Any one claim £50,000

• Access to an identity theft advice helpline

Policy covers may vary depending on final product chosen.

For further details please contact our team on 0114 2493300 or email: assist@lexelle.com