Method and apparatus for insuring an insured from identity theft peril and identity reclamation and credit restoration

摘要

A method of insuring an insured for identity theft peril. The method includes submitting a claim of identity theft by an insured to an insurer. Thereafter, the method includes the step of investigating the claim of the identity theft peril to verify the identity theft peril. In response to the identity theft being verified, the method includes performing an identity reclamation and a credit restoration process. Further, in response to the identity theft being verified, identifying monetary loss by the insured. Thereafter, dispersing the insurance benefit having a value proportional to the monetary loss. The present invention includes a method for identity reclamation and credit restoration which includes the establishment of a variety of databases having form letter shells for a population of credit bureaus, a population of credit card issuers, a population of financial banking institutions, and a population of utility companies, retailers and other specialty merchants.