Lincoln Enhances Protection against I.D. Theft
With identity theft an ongoing and universal concern, some insurers and financial services providers are beefing up their menu of protections against it. Lincoln Automotive Financial Services recently announced that it’s offering a complimentary protection package that will include up to $1 million in identity-theft insurance coverage, with no deductible; round-the-clock credit monitoring and alerts; unlimited access to credit reports and credit scores; and lost-wallet protection with one-call service. Lincoln Automotive estimates that another American falls victim to identity theft every 2 seconds, on average. According to Javelin Strategy & Research, fraudsters stole $16 billion from 12.7 million U.S. consumers last year.
In addition to the protections listed above, the package includes access to VantageScore and a dedicated identity restoration specialist that will help clients to re-establish their identities and, it’s hoped, reduce the likelihood of further fraud.
With lost wallet protection, Lincoln Automotive Financial Services clients may upload their driver’s license, credit card numbers and other important information into a database. If the wallet ever goes missing, the client can make one phone call to a specialist who will report all missing cards to the issuers and begins the replacement process. The complimentary coverage is available to clients who finance or lease with Lincoln Automotive Financial Services in the United States. It lasts for two or three years, depending on the client’s financing term.