MetLife’s Legal Services Employee Benefit Plan Now Offers Credit Monitoring Services to Help Participants Avoid Identify Th...
12 July 2017 - 5:00AM
Business Wire
Addition of Credit Monitoring in the Large
Employer Market Strengthens Identity Theft Services Already Offered
through MetLaw®
As concerns about identity theft continue to be top of mind for
employees, MetLife has added credit monitoring services to its
group legal services employee benefit plan, MetLaw®, which is
provided by Hyatt Legal Plans, a MetLife company. The new credit
monitoring service, available to employers with 1,000 or more
employees, strengthens the product’s identity theft protection
services for participants.
“The number of employers offering legal services plans has
doubled in the past 10 years, and the popularity of this benefit
continues to grow,” said Randy Stram, senior vice president of
National Accounts in MetLife’s Group Benefits business. “We’ve
added the new credit monitoring service to further support
employers as they work to meet employees’ need for resources that
protect against identity theft. With the growth of the gig economy,
employers are intently focused on retaining and engaging their
employees, and workplace benefits customized to employees needs
play a key role.”
Through MetLaw®, employees at organizations that offer the plans
have access to a network of more than 14,000 attorneys to provide
guidance on potential legal actions arising from identity theft, as
well as a variety of other common legal issues, including wills and
estate planning documents, powers of attorney, family law, traffic
defense and more.
The new credit monitoring service, provided by CyberScout,
scours the internet and major credit bureaus to help uncover and
minimize fraud in the early stages and provides members with a
dashboard of credit reports to monitor their credit scores. If
identity theft is uncovered, fraud specialists work to restore the
member’s identity. Participants who experience an identity theft
incident can also be reimbursed up to $1 million for reasonable and
necessary expenses related to the incident, such as lost wages and
unauthorized electronic fund transfers.
“We’re proud to partner with CyberScout to offer even more
robust identity theft protection to MetLaw® plan members,” said
Ingrid Tolentino, CEO of Hyatt Legal Plans. “CyberScout continues
to lead the industry in identifying and resolving fraud and we’re
confident that their best-in-class service will add significant
value for employers by helping more employees avoid identity theft
through credit monitoring.”
Employers interesting in offering a legal services plan can find
out more at www.legalplans.com.
About MetLife
MetLife, Inc. (NYSE:MET), through its subsidiaries and
affiliates ("MetLife"), is one of the largest life insurance
companies in the world. Founded in 1868, MetLife is a global
provider of life insurance, annuities, employee benefits and asset
management. Serving approximately 100 million customers, MetLife
has operations in nearly 50 countries and holds leading market
positions in the United States, Japan, Latin America, Asia, Europe
and the Middle East. For more information, visit
www.metlife.com.
About Hyatt Legal Plans
Hyatt Legal Plans, a MetLife company, helps Americans address
important life issues through legal services plans. The company
provides affordable access to the most commonly needed legal
services to over 10 million Americans nationwide. MetLaw®, Hyatt’s
model group legal plan, features a nationwide network of over
14,000 licensed attorneys and award-winning client service
available by phone or online. For more information, visit
www.legalplans.com.
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MetLife, Inc.Erin DeWaters,
704-451-6101erin.m.dewaters@metlife.com
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