LifeLock’s identity theft insurance policy is stronger than widely reported.
In email exchanges with the LifeLock team this week we grilled them on the “self-insured” situation and the potential risks involved. To our delight, LifeLock informed us that the program is no longer self-insured. In fact, they were initially insured by Lloyds of London, and have recently moved the $1,000,000 policy to XL Capital, holding a XL Specialty policy.
We hope to learn more details in the coming days, but for now this appears to level the playing field between Debix and Lifelock even more. Either choice is far better than no coverage and we hope you explore your identity theft protection options.