Hartford Steam Boiler, a subsidiary of Munich Re, has just announced that it is extending the availability of its identity theft insurance and services to the employees of small to mid-sized businesses as a standalone policy for employers. “Identity theft has been a top complaint for years,” said David Schraeder, HSB senior vice president. “The risk is growing with data breaches, connected homes and smart phones being used to store and transmit sensitive information. Employers can help protect their employees and their families with the identity restoration coverage and services they need.” HSB Identity Recovery insurance covers for both the expenses and services needed to help victims repair their name and credit to the same status that existed before the personal information was compromised. Additionally, coverage pays for expenses such as lost wages, child and elder care, the cost of credit reports, postage, shipping and legal feels involving civil and criminal complaints as well as mental health counseling related to the identity theft. HSB Identity Recovery coverage is available through agents and brokers who can provide identity theft coverage to employees.
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