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Some Employers Offer ID Theft Coverage

 
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igotthisguitar



Joined: 08 Apr 2003
Location: South Korea (Permanent Vacation)

PostPosted: Tue Sep 13, 2005 2:28 am    Post subject: Some Employers Offer ID Theft Coverage Reply with quote

Some employers offer ID theft coverage
By Stephanie Armour, USA TODAY
Mon Sep 12, 8:06 AM ET

With identity theft becoming epidemic, some employers are beginning to offer a unique employee benefit: identity theft protection.

Employers are buying policies that help employees who have their identities stolen or that help guard against such theft. The actual benefits might vary, but they include credit monitoring, case manager help with identity recovery and reimbursement for lost wages.

Consumers filed 246,570 ID theft complaints in 2004, up 52% from 2002, the Federal Trade Commission says.

Insurers offering the products say business is soaring. For employers, the price can be relatively inexpensive, but it can save costs by avoiding the productivity losses that come when victims spend many hours clearing their names.

http://news.yahoo.com/s/usatoday/20050912/bs_usatoday/someemployersofferidtheftcoverage;_ylt=AlaCdcr2Rh7qeWK4SdgmDtcDW7oF;_ylu=X3oDMTBiMW04NW9mBHNlYwMlJVRPUCUl
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