Nationwide Insurance, ID Theft Assist Expands Availability of ID Theft Protection Coverage
03 February 2006 - 2:10AM
PR Newswire (US)
Coverage Takes Legwork Out of Recovering Victim's Identity
COLUMBUS, Ohio, Feb. 2 /PRNewswire/ -- In conjunction with National
Consumer Protection Week (Feb. 5-11), Nationwide Insurance and
Washington, D.C.-based ID Theft Assist are expanding availability
of their ground-breaking identity theft protection and recovery
service that surpasses ID theft policies currently on the market.
Over the next several months, the innovative insurance/restoration
service will be available to anyone who wishes to purchase it, not
just Nationwide homeowner policyholders. "Our identity theft
homeowner policy endorsement has been so popular, we wanted to
offer a stand-alone ID theft product, so everyone can have this
best-in-class service and get help through the recovery process of
identity theft," said Deb Harmon, project manager for Nationwide's
Property and Casualty Personal Lines Product Office. "Nationwide ID
Theft policyholders have an experienced advocate working on their
behalf should their identity become compromised." With more than 9
million victims in 2004, identity theft is America's
fastest-growing crime. Unlike other crimes, its victims are guilty
until they prove their innocence. A 2005 Nationwide Insurance
survey shows once people have their identity stolen, they can have
a tough time getting it back. "Identity theft is a problem
seriously affecting Americans, and we believe our product provides
the necessary support consumers need when faced with such a
situation," said Guillaume Deybach, president and CEO of Worldwide
Assistance-headquarters for the ID Theft Assist service. "We are
pleased that Nationwide is offering our ID theft resolution
services to even more people." One in four identity theft victims
indicate they have not been able to restore their identities,
despite averaging more than a year trying. Results of the survey
conducted by MarketTools, Inc., also show victims pay $587 in
out-of-pocket expenses, such as lost wages. ID Theft Assist
provides a full-service, broad identity recovery system as part of
Nationwide's effort to combat the devastating effects of identity
theft. These recovery services include 24-hour, seven-days-a-week
access to an emergency call center; instantaneous access to credit
reports - customers will not have to pay extra, as with some other
products on the market; worldwide service that includes language
translation and limited emergency cash advances; and legal support
to help restore your identity. "You don't want a product that just
tells you 'how' to get the job done. It's hard work," said Harmon.
"Our coverage provides 'real' assistance and takes the legwork out
of restoring your good name. It's just one more advantage of On
Your Side(R) service." * Nationwide's ID Theft product is not
available in Florida. About Nationwide Insurance: Nationwide, based
in Columbus, Ohio, is one of the largest diversified insurance and
financial services organizations in the world, with more than $158
billion in assets. Nationwide ranks 99th on the Fortune 500 list.
The company provides a full range of insurance and financial
services, including auto, homeowners, life, health, commercial
insurance, administrative services, annuities, mutual funds,
pensions and long-term savings plans. For more information, visit
http://www.nationwide.com/. About ID Theft Assist: ID Theft Assist
was launched in January of 2004. The emergency service center is
headquartered in the offices of Worldwide Assistance in Washington,
D.C. Worldwide Assistance Services Inc, a division of Europ
Assistance Group, has been in operation since 1982 in the United
States. Its office has not closed for one single day since.
Nationwide and the Nationwide Framework are federally registered
service marks of Nationwide Mutual Insurance Company. On Your Side
is a service mark of Nationwide Mutual Insurance Company. ID Theft
Assist is a service mark of Worldwide Benefit Services, LLC.
Contacts: Joe Case, Nationwide Insurance (614) 249-6353 Chris Ward,
ID Theft Assist (866)-694-3911 First Call Analyst: FCMN Contact:
DATASOURCE: Nationwide CONTACT: Joe Case, Nationwide Insurance,
+1-614-249-6353, or ; or Chris Ward of ID Theft Assist,
+1-866-694-3911, or Web site: http://www.nationwide.com/
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