Voluntary Benefits: Identity Theft Protection

Identity Theft

Identity Theft is the fastest growing crime in the US. According to the Federal Trade Commission, the number of identity theft incidents has reached 9.9 million a year. Are your employees and their families protected?

Identity theft and identity fraud refers to crimes in which someone wrongfully obtains and uses another person’s personal data in a way that involves fraud or deception, typically for economic gain. While many associate the crime with credit or financial fraud, 50% of cases are made up of phone, utility, bank or employment fraud. Every time you hand over your credit card at a restaurant or make an online purchase, you are potentially at risk.

No one is immune to identity theft, but you are less likely to suffer from major damage if you are well-informed and proactive.

Identity Theft Protection can be offered as a Voluntary Benefit to your employees. In this digital age, where paper paychecks are a thing of the past, and moving money in a 401K program can easily be done on a laptop or smart phone, your employees are susceptible to becoming one of the 13.1 million victims of identity theft each year. With the addition of identity theft protection from a company such as LifeLock, you can offer your employees a dedicated partner who will protect all of their financial data 24/7. It can be bundled with other benefits to create a comprehensive voluntary benefits package that sets you apart from other employers and identifies you as a forward thinking, trusted advisor concerned with protecting their well-being.

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