Tuesday, February 21, 2006

UK: BT to Sell ID Theft Insurance

Via The Register.

BT has hooked up with Card Protection Plan Limited (CPP) to flog insurance to protect punters against ID theft.

For £50 a year, users are covered for up to £50,000 to help meet the cost of restoring their identity if it's nicked via online fraud, "bin raiders" looking for statements and receipts, or by skimming credit cards.

If needed, the £50,000 can be used for expenses such as legal fees, lost wages and costs for rejected loan fees.

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