Identity Theft for Dummies by Michael J. Arata Jr

Author:Michael J. Arata, Jr. [Michael J. Arata, Jr.]
Language: eng
Format: epub
Tags: Business & Economics, General, Personal Finance
ISBN: 9780470622759
Google: Ix4V58A7fogC
Amazon: 0470565217
Publisher: John Wiley & Sons
Published: 2010-01-26T10:03:09+00:00

There’s no such thing as 100-percent security or prevention, so if a company claims 100 percent, don’t sign up with it even if it’s in writing. Read the guarantee closely and you’ll probably find a loophole because no company would guarantee 100-percent protection from identity theft.

All the service providers that offer identity theft prevention or protection usually charge a monthly or annual fee for their services. The monthly service fees charged by each company are different depending on the services.

In Table 9-2, I look at the fees for these services. Some companies offer one service and one fee. Other companies offer a choice, but the price doesn’t vary too much.

The costs for services pale in comparison to the cost of becoming an identity theft victim. Table 9-2 has the breakdown for each of the five companies I discuss in this chapter. In the sections that follow, I give a brief rundown of the services offered by each.

Keep in mind, the monthly costs are for illustrative purposes; some of the companies require an annual contract, so the amount is paid in full for the number of years based on the plan you select. The more years you sign up for, the lower the annual cost, but you’re locked in to the contract terms.

Other companies request full payment upfront for the plan you select.

Table 9-2 Identity Theft Prevention Companies Cost Comparison

Company

Web site

Annual

Monthly Cost

Cost

LifeLock

www.lifelock.com

$99.00

$9.00

ID Watchdog

www.idwatchdog.com

$179.95

$19.95

TrustedID

www.trustedid.com

$84.15

$7.01

Identity Guard

www.identityguard.

179.88 $17.99

com

Truston

www.mytruston.com

$120.00

$10.00

16_565216-ch09.indd 125

1/15/10 9:00 PM

Download

Copyright Disclaimer:
This site does not store any files on its server. We only index and link to content provided by other sites. Please contact the content providers to delete copyright contents if any and email us, we'll remove relevant links or contents immediately.