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Mis-sold Ppi
I can remember going to my bank in the late 1990s to enquire about a loan for a new car. I`d fell in love with this slinky, silver sports car and being a single male at the time, with plenty of disposable income, I thought I`d treat myself to this flashy kind of motor. The bank eventually approved my loan but I was forced into taking out payment protection insurance at the same time. I`m not sure why I took it out to be honest. I think I felt pressured into taking out the policy because the person whom I spoke at the bank said it strengthen my initial loan application if PPI was in place. Nothing was explained to me about the PPI and how it would cover sickness payments or payments for the loan if I was made redundant. In fact, I think I was Mis-sold Ppi by the bank and had it not been so long ago I would put a claim in against the bank in question. Over the years countless customers have been Mis-sold Ppi policies through the banks. Huge profits could be made out of PPIs so you can see why banks would push them onto their customers. Today people are fighting back. Anyone who thinks they might have been Mis-sold Ppi polices in the past can speak to claims management firms who will take their case on and try to recover as many payments as possible.

There are many companies that provide identity theft insurance. This type of insurance provides reimbursement of the cost for restoring identity and repairing any credit reports.

You might also want to check your homeowner`s insurance policy first, as some are providing identity theft insurance as part of the homeowner`s coverage. Some insurers offer this as a separate policy or it can be included as an endorsement to a homeowners or renters insurance policy.

You`ll find that the cost should be around $50 for $25,000 worth of coverage. The expenses covered would be things like your phone bills, wages lost from the time you spent in fixing the problem, notary and certified mailing costs and maybe attorney fees if you check first with your insurer.

These are different than the credit monitoring services, as credit monitoring services watch for changes (hopefully suspicious ones) on your credit report and then inform you that something is happening to your credit.

Here`s reputable companies that offer insurance for identity theft

AIG
www.aig.com

Farmer`s
www.farmers.com

Fierman`s Fund
www.firemansfund.com

Liberty Mutual
www.libertymutual.com

Travelers Insurance
www.travelers.com

Keep in mind that insurance for identity theft will not protect you from identity theft. It will only reimburse you for the costs encountered in restoring your credit to where it was before the problem started.

Jessica Deets researches the internet and has a passion for writing about credit. For more news about identity theft, see the website at http://www.BestIDTheftNews.com

Article Source: http://EzineArticles.com/?expert=Jessica_Deets

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