With the increasing threat of identity fraud, The Hartford Financial Services Group began offering a new identity-recovery coverage program to all new or renewed small-business policyholders last month.
The coverage offered will protect individuals, including sole proprietors, partners of a business, and owners of 20 percent of a business, but not the business itself.
Advice and information from The Hartford on how to respond to a suspected incident of identity fraud, personalized help from a case manager who will assist in correcting personal credit history and identity records, and $15,000 for out-of-pocket expenses are included in the coverage. The latter expenses can involve obtaining credit bureau reports, postage, phone and shipping fees, and notary and filing fees.
Continue Reading for Free
Register and gain access to:
- Breaking insurance news and analysis, on-site and via our newsletters and custom alerts
- Weekly Insurance Speak podcast featuring exclusive interviews with industry leaders
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical converage of the employee benefits and financial advisory markets on our other ALM sites, BenefitsPRO and ThinkAdvisor
Already have an account? Sign In Now
© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
