Such policies or riders may cover:

Assistance of a fraud specialist
Credit monitoring services
Reimbursement of lost wages caused by taking time off from work to restore your credit or reclaim your identity
Aiding with civil judgments, criminal charges, audits or hearings related to fraud perpetrated by the "imposter"
Professional assistance in reclaiming your identity and restoring your credit
Reimbursement of costs involved in replacing identification documents, such as a driver's license, passport or Social Security card
Reimbursement of audit and account application fees
Reimbursement of attorney's and court fees associated with civil judgments

Beyond insurance, cybersecurity experts recommend the following steps once an individual or business suspects they've been victimized by identity theft:

Freeze credit files through all three major credit bureaus.
Sign up for a credit-monitoring service for speedy account-activity alerts.
Check out the free online cybersecurity tools that allow you to search the dark web for exposed personal information.
Use strong and diverse online passwords.
Take advantage of multifactor authentication.
Never give out unsolicited personal information.
Be on the lookout for strange-looking or sounding phishing emails or texts.

See also:

Special Reports /

Cyber experts: Hackers already have your personal information

Related Stories

Recommended For You