​​Identity Theft

​​What we insure

​​ 
​​You must have cover at the time of the identity theft
​​ 
​​We only compensate you under this section when both of the following conditions are met:
  • ​​ the identity theft (as described below) happens;
  • ​​ a claim is brought against you by a creditor or collection agency or someone
​​      acting on their behalf or you become aware of a possible claim under this section. 
​​
​​You may claim for identity theft that took place any time from the start date of this section to 
​​one year after the end date of this section of the policy.
​​ 
​​Identity theft for a loan or account
​​We will compensate you only if another person or entity assumes your identity to:
​​get a loan;
​​open a credit account;
​​take over an existing account.
​​Reasonable costs that we insure for identity theft
​​Legal expenses in certain situations
​​ 
​​We will compensate you for reasonable legal costs for defending any legal action brought
​​against you by a creditor or collection agency or someone acting on their behalf. This
​​includes both: 
​​
​​civil proceedings because of identity theft; 
​​
​​criminal proceedings where you are charged with illegal acts someone else has 
​​committed while using your identity.
​​ 
​​We will compensate you for:
​​ 
​​removing any civil or criminal judgment wrongfully taken against you as the result
​​of the identity theft; 
​​
​​ challenging the accuracy or completeness of any information in your consumer 
​​credit report. This is if wrong information was given to the credit agency or
​​financial institution. 
​​Income you have lost due to time off work
​​
​​We will compensate you for unpaid leave from your job or profession if the only reason you
​​had to take the time off was the identity theft. 
​​We will compensate you for income lost because of work days you take off while you have 
​​insurance under this section, or within 12 (twelve) months of the end date of this policy.
​​
​​We do not compensate you for leave days or sick days. We do not compensate you if you
​​are self-employed. 
​​Amounts you have to pay to a creditor 
​​We will compensate you for your actual loss from a legal Liability to pay a creditor. We will 
​​compensate you only if any of the following cards or accounts were opened in your name,