Identity theft has become an increasingly popular crime in Canada as a result of recent advances in technology. Identity theft occurs when a thief appropriates a victim's personal identity facts such as social insurance number, date of birth and so on in order to open new bank accounts, transfer bank balances, apply for loans or credit cards, purchase vehicles, and many other fraudulent acts. Ask the Neziol Group about Identity theft insurance - it is the fastest growing insurance product to come along in years.
Neziol Tips
- Shred all documents that identify your personal information
- Don't use your SIN or your birth date as your password or PIN
- Review your bank statements, credit card statements regularly
- Review your credit reports on a regular basis
- Never respond to unsolicited emails or phone calls asking for your personal information
- Update your computer virus detection software regularly
- Report any errors or questionable activity on your accounts immediately
Did you know that most homeowner policies exclude liability claims caused by a home office or small business pursuit? For example, if you were being sued for $100,000 by a client, co-worker, or delivery person who injured themselves as a result of a slip and fall, your home policy would not pay for any legal fees, defense costs, or award if they were there due to your business. If you are operating a small business from home, ask the Neziol Group about adding a liability extension or a small business package to your home policy.
