Informative Essay On Identity Theft

Identity Theft

What is identity theft?

Identity theft is the fraudulent acquisition and use of a person's private identifying information, usually for financial gain.

Personal Information

There are many different kinds of personal information. Such as weight, fingerprint, race, educational and health history. Everyday people give up valuable information, anybody could steal your identity. From a sneaky teen working a cash register to an old pedophile in a bunker with a computer.

What can identity thieves do?

They can ruin your life. They can open a bank account under your name to write bad checks.

They can open new credit card accounts with your name, Social Security number, and date of birth so that unpaid balances end up on your credit report.

They can forge checks or debit cards to take money from your bank account.

They can change the mailing address associated with your credit cards so you don't receive the bills and remain unaware of the fraudulent activity.

They can file for bankruptcy with your name so

They also pay for any wages you lose if you have to take time off work to deal with an identity fraud issue, and they cover any travel expenses you incur. Child and elderly care are also covered for up to $200 per day under LifeLock's identity theft insurance. Identity fraud may also require you to replace important documents like your driver's license or passport. These expenses are also covered by LifeLock. One really great feature about their identity theft insurance is that they reimburse you for up to $10,000 worth of stolen funds caused by identity theft. In many cases, this should be enough to make up for what was lost. You won't have to pay a deductible when using their identity theft insurance, and with coverage of up to $1 million and dedicated support agents, you can be sure LifeLock will be there to help you when you need