Compare Identity Theft America To The Competition

 
 

While Ben Franklin said, “An ounce of prevention is worth more than a pound of cure", it is important to know that all Identity Theft Services are not created equally.  The Identity Theft Prevention and Recovery Industry is an unregulated industry, which means companies can say what exactly they want and it is up to you to decide right or wrong, good or bad.

 

Fraud alerts, credit monitoring or credit freezes DO NOT prevent identity theft or will they alert you to non-financial types of identity theft, such as; medical, criminal, synthetic identity theft, employment fraud, government benefits fraud, utilities / phone fraud, and more. 

 

Compare What Different Services Really Do For You

IDENTITY THEFT TYPES

Who Covers What Types

Federal Trade Commission

Source: Identity Theft Clearinghouse Report - 2/08

ID SafeChoice PLUS Identity Theft America

Loud Siren

LifeLock

Credit Card Fraud – New Accounts    14.20%

 YES YES YES
Credit Card Fraud – Existing Accounts    9.40% YES NO NO

Credit Card – Unspecified    0.20%

 YES NO NO
Bank Fraud – Electronic Fund Transfer    7.00% YES NO NO
Bank Fraud – Existing Accounts   4.00% YES NO NO
Bank Fraud – New Accounts    3.10% YES YES YES
Loan Fraud – Business, Personal, Student Loan    2.30% YES YES YES
Loan Fraud – Auto Loan / Lease    1.40% YES YES YES

Loan Fraud – Real Estate Loan    1.30%

 YES YES YES
Phone or  Utilities – Telephone – New Accounts    7.30% YES NO NO
Phone or  Utilities – Wireless – New Accounts    6.50% YES NO NO

Phone or  Utilities – Utilities – New Accounts    5.20%

 YES NO NO

Phone or  Utilities – Existing Accounts  0.50%

 YES NO NO
Employment Related Fraud    14% YES NO NO
Gov’t Doc./Benefits Fraud – Fraudulent Tax Return    8.00% YES NO NO
Gov’t Doc/Benefits Fraud – Applied For & Received    1.40% YES NO NO
Gov’t Doc/Benefits Fraud – Driver’s License / Forged    0.90% YES NO NO
Gov’t Doc/Benefits Fraud – Other Issued / Forged    0.70% YES NO NO

Evading The Law    1.80%

 YES NO NO
Medical Fraud    1.60% YES NO NO
Internet / Email Fraud    1.40% YES NO NO
Apartment / House Rented    0.60% YES NO NO
Insurance    0.30% YES NO NO

Property Rental Fraud   0 .30%

 YES NO NO
Securities / Other Investments    0.30% YES NO NO
Child Support  0.20% YES NO NO
Bankruptcy    0.20% YES NO NO
Magazines    0.20% YES NO NO

Cost

Per Individual

N/A

$149.95

$10 Per Mo Adult

$2.50 Per Mo Child

Per Family

 $149.95 Per Yr
(all eligible

dependents protected*)

N/A

Family of 4 $250 per year

(2 adults &

2 Children)

Program Features

Covers All Types of ID Theft

YES

NO

NO

Risk Assessment Test

YES

NO

NO

News on Scams

YES

NO

NO

Credit Monitoring

Email notification links to annualcreditreport.com

NO

NO
Identity Monitoring YES - IDAlert NO NO
Educational Videos / Audio YES NO NO
Dependent Coverage YES NO

Purchased

Separately
Family Fraud YES NO NO
Self Employed Coverage YES NO NO

Recovery

In-House Fully Managed Recovery

YES

NOT Clear

NO

Recovery Limit

Not Applicable **

Insurance &

$1,000,000 limited to defect in their service

$1,000,000 limited to defect in their service

Discovery Period

No Exclusion for

Pre-existing Unknown

Identity Theft 

Will not cover prior to enrollment date

Will not cover prior to enrollment date

The materials and information on this page is provided "as is" and without warranties of any kind either expressed or implied. Compiled 6/10/08.

*  Family Plan = Covers plan member and a family member is defined as the spouse or domestic partner and all dependents under the age of 25 that are full time students and have the same permanent address as the primary member, if not a full time student up to age 21.

**  With In-House Fully Managed Recovery, your personal expense and your time spent to recover from identity theft is very small since the recovery aspect is handled by our in-house ID Recovery Specialist.