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