Top 10 Identity Theft Stories

Identity theft is not only one of the fastest growing crimes in the world, it is a nightmare for individuals to fix. Most people get their money back when they have been a victim of this crime. However, the time and effort that it takes to clear up the matter is the biggest headache. It can take hour after hour of paperwork, phone calls, and meetings to remedy this problem.



Criminals are getting more and more bold in their efforts to take others' identity. They will resort to all kinds of trickery to get some "free money". Each year there are more and more stories of data breaches at large companies that could lead to even more identity theft cases. Where will it end? The short answer is that it will never end, and we just have to be diligent in our efforts to protect our personal data. 

As a reminder to be diligent, here are ten awful identity theft stories from the past few years.

1. Todd Davis, CEO of Life Lock, has had his identity stolen 13 times after posting his social security number everywhere to show how effective his company is against ID theft. That marketing effort was an ironic failure!

2. There are many cases of identity theft involving kids. One study showed that 10% of children under 18 had someone else using their social security numbers. These cases are harder to detect.

Benefits of Accident Insurance Policy

                

When you turn on the television or radio you’re most likely going to encounter an advertisement for an insurance agency within one or two commercial breaks. There are a lot of offers, promises, and policy customizations but how do you actually know what you’re getting or what you need?

Accident Insurance Policy

 Accident insurance is one policy that you DO need to have. By purchasing an individual Accident policy it means that you’re covered for a certain amount beyond what your other insurance policies cover. Some skeptics, who refuse this kind of coverage, assume that one kind of insurance is enough; unfortunately, it’s often not. If you don’t have accident insurance and there are gaps in your major medical insurance it can be hard to get by in the event of an unexpected accident. Imagine these two possible scenarios:

• You take a major fall and break a tooth :- If you’ve already used all or most of your dental coverage for the year you’ll be forced to pay out of pocket. Additionally, your medical insurance may have very basic dental coverage resulting in astronomical charges. Accident insurance can give you cash benefits to cover these unexpected costs.

• Your spouse visits the emergency room :- We all know that visitation rates for the emergency room quickly exceed any doctor visit but after an accident you don't always have the luxury of waiting. Your accident insurance can help relieve these emergency related costs. Additionally, you can get money from your policy to cover additional costs such as deductibles, co-insurance, co-pays, and even travel and lodging expenses to help during the recovery period.

Voluntary Benefits

 
When purchasing a policy it’s important to plan for and protect your family from the unexpected. No one anticipates an accident and in many cases there is no way to prevent it. However, you can ensure that you won’t be left high and dry by a stingy basic insurance policy. Add on individual accident insurance for all of life’s surprises waiting up ahead.

Top 10 Supplemental Insurance Products

Even when you have major medical coverage for yourself, it is a good idea to check out supplemental insurance policies. These products can cover events that might slip through the cracks of your main policies and can save you from potential financial strife. Although most major insurance coverages will protect against the catastrophic, it pays to cover all your bases when it comes to being insured. Here is a look at ten insurance products that can give you even more peace of mind.

Group Benefits

1. Accident Insurance - This type of coverage will pay you cash to help you and your family in the event of an accidental injury. It is designed to help you pay normal bills, medical bills, or just provide everyday spending money while you are hurt and out of work.

2. Cancer Insurance - Covering a specific disease may seem like going too far. However, with high deductibles as the norm and cancer diagnosis on the rise it is a great plan to protect your family with. It can even cover experimental treatments and travel.

3. Critical Illness Insurance - In the unfortunate event that you get certain critical illnesses, this policy will pay out a tax free lump sum benefit to you or your family.

4. Dental Insurance - Dentists are not cheap! They are worth the money, as your smile truly is a valuable thing. Paying for regular dental visits is one thing, but more advanced dental work can and does get expensive. Dental policies are a great investment to not only protect that beautiful smile but your general health as well.

5. Disability Insurance - In the event that you are out of work due to any type injury or illness, it would be tough for most people to go without a paycheck for very long. This policy pays you a percentage of your normal earnings to keep you going while out of a job.