Identity theft insurance can not protect you from becoming a victim of identity theft and does not cover direct monetary losses incurred as result of identity theft. (naic.org)
Identity theft coverage pays for expenses as a direct result of any identity theft or fraud discovered during the policy period. (nationwide.com)
Sometimes misinformation is the result of identity theft, when unauthorized individuals pose as you to use your credit cards, withdraw money from your bank account, or open up new credit accounts under your name. (lendedu.com)