The rise of identity theft incidents along with increasing general concern about their ramifications has prompted the property-casualty industry to offer products to ease those fears. [@@]
While banks and credit card companies for the most part reimburse customers for any false charges, p-c companies have focused on those expenses policyholders incur to get their lives back in order.
According to a recent survey conducted by Chubb, 28 percent of those polled fear it would take more than a year to regain their identity and clear their credit. Forty percent of those polled felt it would cost more than $1,000 to complete the process.
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