Zander Insurance Review

Saturday, February 4th

2023 Identity Theft Protection Service Reviews

Zander Insurance

• $6.75/month or $75/year for individual plans
• $12.90/month or $145/year for family plans

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.

Features:

• Easy-to-understand plans: one for individuals ($6.75/month) and one for families ($12.90/month)
• $1 million in coverage for stolen funds, lawyers and experts, and other expenses resulting from identity theft
• "A+" rated and accredited by the BBB
• Company in operation for nearly a century
• Prorated refunds available when cancelling annual memberships

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:

• Monitoring: Zander Identity Theft Solutions will track your personal information on the Dark Web, detecting anytime your details are bought and sold online. It also keeps an eye out for Change of Address requests with the USPS, in the event that someone tries to reroute mail headed to your address. Finally, it monitors any names and addresses being associated with your Social Security number.
• Identity Theft Restoration: if you find out that you've been the victim of identity theft, your Recovery Advocate will create a plan to restore your good name. Representatives are available 24/7/365, and their services will include lost wallet protection, notification sent to the three major credit bureaus and requests for fraud alerts, and more.
• Identity Theft Stolen Funds/Expense Reimbursement: you have a benefit of up to $1,000,000. Eligible, reimbursable expenses would include lost wages, legal expenses (up to $125/hour), document notarization, filing fees, and so forth.
• Unauthorized Electronic Fund Transfer/Cash Recovery Reimbursement: this also comes with up to $1,000,000 in benefits. If you've been the victim of theft, forgery, embezzlement or fraud via electronic fund transfer, you can get back up to a million dollars.

What's Missing

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:

• Credit bureau monitoring: if there's a change to your credit report, you won't be notified. This includes someone applying for or opening a credit card in your name.
• Credit reports: you'll still have to access your annual reports from each credit bureau on your own. It's free, but it's another step you'll need to remember.
• Credit card / bank account activity monitoring: Zander's service tracks your numbers to see if they're being bought and sold, not if they're actively being used fraudulently.
• Court and criminal record monitoring: many services keep an eye on these records, to see if anyone has used your name when arrested or sued.

Very Affordable

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.