Identity Theft Insurance
‘Identity theft’ and ‘identity fraud’; these are terms used to describe all types of crime in which someone wrongfully obtains and uses another person’s data in some way that involves fraud or deception.
For adjusters, properly handled investigations and early expertise into this emerging market can prove to be beneficial. First hand experience of these losses can add to the adjusters asset value to his or her employer. Interviewing victims of identity theft offer insight into the vulnerabilities that are exploited by criminals. Armed with this information claims people are in the best position to offer suggestions to the insurer on recommended policy wordings and prevention tips that the company can offer its client base.
