Reimbursement
This component is typically insured through
a major insurance company and provides coverage for certain
expenses of the victim relative to identity theft.
Expenses covered include:
- Refiling fees for financial events that were caused by
the identity theft.
- Lost wages
- Telephone costs
- Postage
- Certain legal defense fees
Policies usually carry an overall limit of
$25,000 and may or may not have a deductible. Some exclusions
can apply and vary by the vendor offering the coverage.
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