For Agents & Brokers
Agents protect their employees with HSB Identity Recovery
Agency owners not only sell the coverage, they’re customers, too
Without the right help, identity recovery can be a long and cumbersome process for employees. That’s why agent David R. Hale said he jumped at the chance to purchase HSB Identity Recovery coverage for his own agency’s workers.
Good for employees, and the business
HSB Identity Recovery for Employees is “good for the employees and, as a business owner, it’s good for me,” said Hale, principal of Hale & Associates in Fairbanks, Alaska.
Protect employees’ time at work
“The thing about identity recovery is that victims need to take care of it during the daytime, since that’s when banks and other businesses are open,” Hale said. “If my employees have to stop what they’re doing and deal with repairing their credit, it directly affects my business.” The coverage eliminates that timely, cumbersome process, Hale said.
Help prevent business distractions and disruptions
The protection gives Hale’s 12 employees “access to expertise and knowledge that they don’t have, and that saves both of us a significant amount of time and effort,” he said. If employees had to interrupt their work schedule to deal with credit repair, the effects would ripple through his agency.
Services provided by identity theft specialists
Identity recovery services are unlimited for up to a year and include access to a professional identity restoration firm which will work with the victim through the entire process. The coverage also includes a toll-free telephone help line, case management performed by licensed investigators, and the option to use a limited power of attorney to make the recovery process quicker and smoother.
A range of coverage and services
The financial impact of identity theft can be substantial. HSB Identity Recovery for Employees pays for costs to restore workers’ identities, including legal expenses, costs for refiling applications for loans, lost wages, child and elder care, the cost of credit reports, and more.
Quote IDR now
HSB Identity Recovery for Employees can be purchased as a standalone policy when business owners want to add the coverage for all of their employees. The cost is $15 per employee per year, with a $300 minimum annual premium.