Peoples Identity Protection Plan (PIPP)
Available on all Personal Checking Accounts for only $5.95/month. If you are a Peoples Advantage account holder, you pay only $4.95/month.
The Federal Trade Commission (FTC) estimates that as many as 9 million Americans have their identities stolen each year. In fact, you or someone you know may have experienced some form of identity theft. It occurs when your personal information is stolen and used without your knowledge to commit fraud or other crimes. The crime takes many forms and often you may not be aware of the theft until you review your credit report or a credit card statement and notice charges you didn’t make – or until you have been contacted by a debt collector.1
Help protect yourself and minimize potential damage with our valuable protection program. With this program, not only are you covered in the unfortunate event that fraud occurs, you receive proactive protection to help prevent identity theft. This program can be added to any The Peoples Bank personal checking account for a low membership fee of $5.95/month. If you are a Peoples Advantage account holder, it is just $4.95/month. Not only do you get the piece of mind of knowing that you have someone helping you to protect your most valuable asset – your identity, but you also have the following:
•$100,000 Common Carrier Accidental Death Insurance – you will be covered for $100,000 in Accidental Death Insurance when you travel by licensed Common Carrier.
•Identity Theft Insurance with Fraud Assistance – You will have up to $10,000 in financial compensation for qualified expenses incurred in the recovery of your stolen identity. Included in this benefit is Fraud Assistance, a comprehensive service designed to help with the hassle of clearing your good name.
•Card PatrolSM * - Identity thieves care about one thing, stealing your personal information and selling it to make money. Our sophisticated, real-time, early warning technology monitors various chat rooms across cyberspace for your personal information. In the event that identity theft occurs, you will be assigned a personal caseworker to take you through the resolution process.
•Payment Card Protection – Register all your credit, debit, ATM and check cards at one time and in one place. As a member, you’ll feel more secure knowing that you are protected. If your cards are lost or stolen, simply call one convenient toll-free number 24 hours a day to cancel cards, stop unauthorized purchases and request new cards.
•Credit Alert®** - With 24-hour, daily credit monitoring, you’ll be alerted automatically of certain negative changes to your credit. While it can’t prevent identity theft, Credit Alert® can greatly reduce its impact by allowing you to minimize the damage. If there are no changes to your credit, you’ll even receive a quarterly notification letting you know that nothing has changed.
•Home Inventory Log – Complete this record detailing the value of your personal possessions and send it to our service center for safekeeping. If your belongings are stolen or damaged, we’ll rush you a copy of your log to provide to your insurance company.
1. http://www.ftc.gov/bcp/edu/microsites/idtheft/consumers/about-identity-theft.html
Special Program Notes:
Accidental Death Insurance is offered by Affinion Benefits Group and is underwritten by Hartford Life Insurance Company. A portion of the monthly membership dues, if applicable, will be used to pay the insurance premium to the plan administrator. As a member you’ll automatically receive new benefits as they are added to your program. Coverage is divided equally among co-owners of joint accounts. Identity Theft Insurance is offered through the insurance company named on the Benefit Summary included in your membership kit. Please refer to the Summary for complete details of coverage, limitations and exclusions. Insurance Disclosure: The insurance offered is not a deposit, not FDIC insured, not an obligation of or guaranteed by the financial institution or an affiliate, and not insured by any agency of the U.S.
*Card PatrolSM monitors personal information on the Internet by searching public databases and chat rooms. It is impossible to ensure all sources of information have been searched; therefore, your reports may not contain or apprise you of all of your personal information that may have been compromised.
**Credit Alert® is not a credit counseling service and does not promise to help you obtain a loan or improve your credit record, history or rating. The Credit Alert® service may be modified or improved at any time and without prior notice. Credit Alert® is a registered service mark of Affinion Publishing, LLC. Daily monitoring will notify members of any inquiries, significant changes in credit score, certain derogatory information, or accounts that have been added to their credit reports as reported by one of the three major credit-reporting agencies. If no information has been added or changed, then the member will receive a quarterly notification stating that no information has changed within their credit file. Neither the Plan Administrator, the provider of the Credit Alert® service, or its credit information subcontractors, nor Financial Services Association shall have any liability for the accuracy of the information contained in the Credit Alert® reports which you receive, including any liability for damages, direct or indirect, consequential or incidental.