Identity theft - the UK�s fastest growing crime
Added: (Thu Apr 26 2007)
Pressbox (Press Release) -
Financially, your identity is among your biggest assets, with the average Briton�s identity being worth around �85,000*. And that is why identity theft is reckoned to be the UK�s fastest growing crime, with in excess of 100,000 Britons every year becoming victims of identity fraud. Government sources say that is costs the UK economy �1.7billion every year.
More shockingly, it is anticipated that by 2010, the number of victims of this crime would have doubled*.
That is why protecting your identity is something not to be taken lightly. While losing your hard earned cash and / or personal documents is harrowing enough, the knock on effect is the loss of your credit status and your reputation, plus stress and many sleepless nights.
In fact, a report from the National Consumer Council** highlights how victims often get caught in a web of bureaucracy and are left feeling like they are the criminals as they try and prove their own identity. Even worse, months later, many find that they are not even able to even get access to the simple things most of us take for granted such as utilities or a credit card.
However, with identity protection insurance, you can give yourself the best possible chance of beating the fraudsters and not becoming another statistic.
Specialist insurance website www.protection-insurance.com now offers identity theft insurance cover at just under 17p a day and the service benefits include:
registering your details with the UK�s leading fraud protection service to make it harder for criminals to gain credit in your name
credit alerts that advise you of any changes to your credit status or if others have tried to take out credit in your name
up to �50,000 towards legal fees in the event of your identity being stolen
if you have to take time of work in the event that you are the victim of identity theft, any loss of earnings
your own case worker who will work with you until the problem is resolved.
Jason Hulott, Business Development Manager from the website says: �Becoming a victim of identity fraud can be a traumatic experience. You are left feeling violated, vulnerable and have to sort out the mess caused by the fraudsters for months� after.
�It only takes a minute to buy this low cost cover online and will save you literally hours of misery and stress should your identity be stolen�.
For more information, visit www.protection-insurance.com .