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
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
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
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,