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Saturday, February 4th
Zander Insurance has been around a long time - almost 100 years, to be exact. Endorsed by financial guru Dave Ramsey and both "A+" rated and accredited by the Better Business Bureau, this company is reassuringly simple and steady.
Easy To Choose Your Plan
You won't have to spend hours trying to figure out which plan to choose here. Are you trying to cover an individual or a family? That was easy! Individual coverage is $6.75 per month or $75 per year, and family plans are $12.90/month or $145/year. Those family plans include the primary policyholder plus any other adult in the household: spouse, domestic partner, parent, sibling, adult child, or any other person 18 and up who lives there - and up to 10 children under the age of 18. Each covered individual can track their Social Security number, driver's license, up to 6 credit/debit cards, and up to 5 medical IDs, phone numbers, emails, and bank account numbers.
4 Categories Of Coverage
Your coverage here falls into four categories: Monitoring Services, Identity Theft Restoration Benefits, Identity Theft Stolen Funds and Expense Reimbursement Benefits, and Unauthorized Electronic Fund Transfer/Cash Recover Reimbursement. Let's take a look at what each of those entails:
If you are even a little familiar with identity theft services, you might have noticed a few things missing from what Zander Insurance offers. But, just in case you missed it, here are some features you don't get:
With so many areas that Zander Insurance's identity theft service doesn't cover, are you wondering why it's so high on our list? Here's why: if you look at this as insurance that covers you generously if you become a victim, you won't find a more affordable plan anywhere. And, since no identity theft protection plan can guarantee you'll never have your information stolen, what most consumers need is the best help after the fact if it does happen.
Already Available To You
And, if you pay attention, many of the non-included features are probably available to you already, at no charge. Take a look at your credit card dashboard or your bank account the next time you log in, and you'll likely spot a frequently-updated credit score. Guess what: those usually come directly from the credit bureaus! You can get your credit reports there at no charge once a year upon request. Plus, if you're on top of your bank accounts and credit cards, you should spot unusual activity fairly soon - all on your own. Finally, most credit card issuers are very proactive when it comes to suspected fraud; you may already have gotten a text or email within moments of a flagged transaction, where you had to let the company know if you were the one attempting the charge. In the end, you may not even miss all of those features, especially if you're already doing a solid job of tracking your finances.
One Of The Best
Does Zander Insurance provide the most comprehensive identity theft protection on the market today? Definitely not. But, this company does offer extremely affordable identity theft "insurance", so to speak, that will help you recover if your identity is stolen. For more proactive consumers, and especially for those with larger households, Zander Insurance should be one of the first providers of identity theft services to consider.
You're wise to ask that question, given that an average year sees as many as 14 million consumers reporting that they've been victimized by identity thieves - with losses reaching nearly $17 billion.
Those numbers may obscure the devastation experienced by an individual when their credit history is ravaged by fraudulent transactions. Scammers can use Social Security numbers, birthdates and other personal information to open bank accounts and credit cards, access medical care, and even claim tax refunds that don't belong to them.
All of this can take what was once an excellent credit score, and drag it down the drain. Unfortunately, the unsuspecting victim may not realize their identity has been stolen until they try to apply for a loan or start getting calls from collection agencies, and by then the damage has already been done.
Even children can be prime targets for identity thieves. Because most people don't open credit cards or borrow money until adulthood, their information can be used for many years: imagine starting out as an 18-year-old with a horrible credit history that you did nothing to deserve! By that time, criminals may have already taken lavish vacations, gotten expensive cosmetic surgery, or bought luxury furniture - all using the identity of a child.
Experts recommend that consumers be constantly vigilant to protect their personal information. Basic steps like shredding documents with sensitive data and not disclosing too many details on social media can help prevent identity theft. However, scammers abound and are determined to find ways to access what they need.
That's why identity theft protection services are a smart idea: while no service can offer a 100% guarantee that you'll never be a victim, their plans can often nip unauthorized access in the bud before things get out of hand. And, most of them not only help you clear your name and restore your credit history if identity theft occurs, but they also insure any financial losses up to a million dollars or more.
With many identity theft protection services to choose from, how can you tell which one is right for you? Here are several criteria to keep in mind:
TopConsumerReviews.com has reviewed and ranked the best providers of identity theft protection available today. We hope this information helps you choose the service that offers the most peace of mind at the best price.
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