ID / SSN Insurance ?

Facetious

Moderated
How do you feel about these recent, emerging, Identity Theft Protection entities that have seemingly popped up over night ?

The whole idea that we (you, me, I) must insure ourselves against fraud committed against us via some obligatory / assigned, random
account number, appears as complete BS ! It reeks of . . . . . .well, we'll just leave it there :confused:

Maybe the aforementioned is just simply some premature over reaction on my part . . . I have a question . . maybe two -

√ Do these (I.I.Cos) (Identity Insurance Companies) have a mechanism to, in fact, block any fraudulent transactions over our accounts ?

√ Or - Do they simply act as an insurance Company, thus, handling all the research and legal matters that pertain to clearing up "the mess" i.e. working with credit report agencies (fico etc.) ?


Does your bank offer a preferred rate
on services such as this ?

Really ? . . . Which one ?

Thanks :wave:
 

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