Family Protection Plan
Protection for You and your Children
Child Identity Theft is a Growing Problem
Children are increasingly victims of identity theft. According to a study by Carnegie Mellon University’s CyLab, children are 51 times more likely to be a victim of identity theft than adults. Additionally, the toll on these families overall is estimated to be about $540 million in out-of-pocket expenses.
Parents need to be diligent about how and where they share their child’s personal information. For example, submitting social security numbers on school forms and athletic registrations are all areas of vulnerability. Children’s personal information is even being sold on the Dark Web for $300 a record.
Here are just a few ways criminals can use children’s social security numbers:
Apply for government benefits
Open bank and credit card accounts
Apply for a loan or utility service, including a cell phone account
Child identity theft can go unchecked and unnoticed for years, only to be discovered when your child starts to apply for loans or credit cards. By then the toll could be devastating with years and years of defaulted accounts.
IdentityIQ makes it easy to ensure your children are protected.
When you enroll in our Secure Max Plan, we not only provide you with up to $1 million in ID Theft Insurance, we also include up to $25,000 for your children.
How Family Protection works to protect your children.
In the event of suspicious activity, your child’s alerts and messages are sent directly to your own IdentityIQ identity protection dashboard, so you can view all alerts in one place. By protecting yourself and your family, you’ll get the peace of mind you need.