Do you know your options for complete protection from identity theft? Take a look at this comparision and you decide which identity theft protection program is best for you and your family, IdentityTruth vs. Lifelock.
Is your identity safe? Are you one of the 85% of people who think their identity is safe when in reality over 13 million people had vital personal information compromised last year alone? Do you know your options for complete protection from identity theft?
You’ve no doubt seen an ad for LifeLock. In the ad, LifeLock CEO Tom Davis grabs consumers’ attention by giving out his real social security number on television and on line to make the point that he is safe from identity theft because he has multi-layered protection LifeLock.
IdentityTruth is another such service that wants to protect consumers from the devastating consequences of identity theft. IdentityTruth also offers a protection program involving multiple components.
There are certainly a few precautions that you can take on your own to prevent identity theft and some you can do for free. But did you know that when an identity is stolen, it is abused an average of thirty times before a consumer is aware? You may be able to restore your good credit on your own but how long will it take you? If time is money, what will identity theft cost you on top of the nightmare of ruining your credit? Are you willing to pay for prevention and protection from identity theft?
IdentityTruth subscriptions run $9.99 per month and LifeLock subscriptions are $10.00 a month. Since both are competitively priced, how do their protection programs compare?
Both LifeLock and IdentityTruth will:
1. Set Fraud Alerts
Both LifeLock and IdentityTruth will set up fraud alerts so you will be notified whenever someone tries to establish credit in your name.
2. Removal of your name from pre-approved credit offers
Pre-approved credit card offers can be very susceptible to identity theft because identity thieves can collect these preapproved applications, use and abuse them, and consumers won’t know that they
have a problem until their credit is ruined. IdentityTruth and LifeLock will stop these offers and remove this risk. This also eliminates lots of annoying mail.
3. Check your credit report
Both IdentityTruth and LifeLock will order copies of your credit report but there is a distinction between the two here. LifeLock orders the free copies you are entitled to annually while IdentityTruth service actually provides an additional credit report so that you can still claim your free one for yourself at any point in the future.
4. Guarantee Protection
LifeLock offers up to one million dollars to restore your credit in the event of damages from identity theft. IdentityTruth’s guarantee offers up to two million dollars.
IdentityTruth and LifeLock also each have unique features. IdentityTruth offers an Identity Health Score.â„¢ The Identity Health ScoreÂ® is a unique feature of IdentityTruth that is widely recognized as the standard for measuring the risk of your exposure to identity theft.
LifeLock also offers a unique feature called WalletLockâ„¢. If your wallet is suddenly stolen, a WalletLock specialist will help you contact each credit card, bank or document issuing company; cancel your affected accounts; and complete the paperwork and steps necessary to replace your lost documents (excluding photos and cash), including credit cards, debit cards, driver’s license, social security card, insurance cards, checkbook, and even travelers checks. LifeLock offers this service at no additional cost to subscribers.
Your identity is a lot more than just your credit. Identity is connected with personal assets and identity theft puts you at risk financially and legally. Your identity is much than just data. It’s your security. It’s your life.
With comprehensive protection plans available from LifeLock and IdentityTruth, finding the right plan is a matter of personal preference and need. The monthly investment is a small price to pay for guaranteed protection against a growing problem, that threatens your peace of mind and financial well-being.