Value Added Services - Identity Theft Protection
With many of our daily activities being tied to the internet, it is now becoming easier from criminals to steal your identity. Identity theft is one of the fastest growing crimes amongst Americans. According to the Federal Trade Commission, consumers reported losses to fraud were $1.48 billion in 2018. That number increased $405,000,000 from 2017.
Last week, we talked about the Pareto Systems PFO (Personal Financial Organizer) and our own proprietary checklist for our clients. Having an identity theft protection service is one of the items on our proprietary checklist. We recommend our clients purchase a service to reduce their exposure to one of the fastest growing crime amongst consumers.
What are some of the factors we use to determine the best service?
- The profession of the individual we are working with.
- The make up of the clients family.
- If you have been effected by this already.
If you have questions or would like to learn more on how we incorporate this, click here to have a SixPoint advisor reach out to you!
Statistics obtained from the FTC February 2019 report : https://www.ftc.gov/system/files/documents/reports/consumer-sentinel-network-data-book-2018/consumer_sentinel_network_data_book_2018_0.pdf