LifeLock.com Promo Code

Comparing the Cost of LifeLock to the Cost of Identity Theft

March 13, 2008 – 2:22 pm

The panic mounts. It seems like every day there’s another major data breach, and everyone you know has already had their identity stolen, or is afraid they’re about to. But, how bad is the identity theft problem, really, and how much is hysteria?

Javelin Strategy and Research has just released their 2008 annual identity theft survey, and found that, in 2007, eight million people were victims by identity thieves, costing a total of $51 million. Other findings of the Javelin study:

• The mean fraud amount was $5,720.
• The mean hours spend trying to achieve resolution was 25.
• The average expense of trying to achieve resolution was $535.

Compare that to the cost of LifeLock. Right now, when you use promotion code Defense, you can enroll in LifeLock for as little as $99 a year, or $9 a month. You can protect your kids for only $22.50 a year, or $2.25 a month. Whichever plan you choose, LifeLock will throw in an additional month of service, free.

What’s included in the cost of LifeLock?
Credit monitoring and resolution services only help after your identity has been stolen. LifeLock, gives you proactive, preventive identity protection, with other exclusive services.

• Fraud alerts: Anytime someone applies for credit using your information, you’ll be contacted to verify the application. Renders identity theft impossible, and stops thieves cold. LifeLock renews fraud alerts every 90 days.
• Credit report: LifeLock will order a copy of your credit report and have it sent directly to you.
• Junk mail: A major source of information for identity thieves. LifeLock removes you from mailing lists.
• WalletLock: Another major source of information for identity thieves. If your wallet or purse is ever lost or stolen, LifeLock will immediately cancel and replace all official documents.
• Guarantee: LifeLock has a $1 million total service guarantees that works to restore your good name if your identity is stolen while you’re a member.

What’s your peace of mind worth? How do you want to spend your time and money? When you sign up for LifeLock, and use promotion code Defense to do it, you’ll have more of all three.