Identity theft is a significant threat to financial security; it can happen to anyone at any time, and the repercussions can be devastating. Millions of people become victims of identity theft each year, resulting in billions of dollars lost to fraud schemes. One way to protect yourself from identity theft is by subscribing to an identity theft protection service like McAfee Identity Theft Protection. This article aims to review McAfee Identity Theft Protection, one of the leading identity theft protection services available in the market.
What is McAfee Identity Theft Protection?
McAfee Identity Theft Protection is an identity theft protection service offered by McAfee, the renowned cybersecurity company. The service aims to safeguard personal information and alert users of potential identity theft incidents and fraudulent activities. The service provides real-time alerts, credit monitoring, identity restoration, and insurance.
Features of McAfee Identity Theft Protection
The following are some of the features offered by McAfee Identity Theft Protection:
Identity Theft Monitoring: McAfee Identity Theft Protection monitors users’ personal information round the clock, searching for any suspicious activities.
Credit Monitoring: The service monitors users’ credit reports and alerts them of any unauthorized changes to their credit data, including new accounts opened in their names, address changes, and major financial transactions.
Social Security Number Trace: McAfee Identity Theft Protection scans data brokers and other public records to determine whether users’ social security numbers are at risk and alerts users if their social security number is found on an identity theft or fraud list.
Lost Wallet Protection: If users lose their wallets or credit cards, McAfee Identity Theft Protection allows them to cancel and replace all their credit and debit cards in one place promptly. It also helps them to replace their driver’s license and other important documents.
Identity Restoration: In the event of identity theft, McAfee Identity Theft Protection assigns professional identity restoration agents to help users regain control of their identity and get their credit and financial life back on track.
Identity Theft Insurance: McAfee Identity Theft Protection offers identity theft insurance covering the cost of restoration and recovery expenses up to $1M for eligible identity theft losses.
Pros and Cons of McAfee Identity Theft Protection
Pros:
1. Comprehensive identity theft protection with excellent monitoring and alert system.
2. Lost wallet protection to help protect physical items like credit cards and driver’s licenses.
3. Credit monitoring covering all three major credit bureaus, alerting users of any suspicious activities and changes made to their credit reports timely.
4. Access to a team of dedicated identity theft restoration specialists.
Cons:
1. No direct access to credit scores.
2. The service isn’t free; users have to subscribe to a plan to access the service.
Pricing
McAfee Identity Theft Protection offers three subscription plans for users to choose from:
1. Standard – $8.99 per month – Offers social security number tracing, dark web and public record monitoring, lost wallet protection, and up to $10,000 identity theft insurance.
2. Plus – $16.99 per month – Offers everything in the Standard plan plus monthly credit reports and scores from one credit bureau.
3. Premium – $24.99 per month – Offers everything in the Plus plan plus credit reports, scores from all three credit bureaus, and up to $1M identity theft insurance.
Conclusion
Overall, McAfee Identity Theft Protection is an excellent identity theft protection service, offering comprehensive 24/7 monitoring of personal information, lost wallet protection, credit monitoring, and identity restoration services. While it isn’t free, the subscription price is reasonable and offers value for the services provided. By investing in McAfee Identity Theft Protection, users can protect themselves from identity theft and fraud effectively. It’s important to take your financial security seriously, and subscribing to an identity theft protection service like McAfee Identity Theft Protection is an excellent place to start.