Sunday 21 April 2019

Robert Jain: How To Cost-Effectively Protect Your Identity

By Jason McDonald


Your identity is one of the most important things that you should protect. Without it, your sensitive information can get into the wrong hands, which can impact everything from your credit score to quality of life in general. Robert Jain, as well as other authorities on finance, can tell you that there are ways to keep your identity safe. With the following tips in mind, you'll be able to do exactly that, saving some money along the way.

One of the ways to prevent identity theft, on your end, is by being mindful of certain warning signs. Have you tried to cash a check, only for it to bounce, even though your credit is good? Have you been billed for a product or service that you don't remember using? These are just a few potential signs that your identity can be accessed by a third party. By understanding such indicators, you will be able to protect yourself sooner.

Identity theft insurance goes a long way, too. According to authorities on finance, Bob Jain included, this type of insurance will be able to cover a number of expenses associated with identity theft. These include, but aren't limited to, criminal charges, legal fees, and lost credit. By investing in this insurance sooner, you will be able to receive more of a benefit if you ever find yourself in a situation that requires it.

Your identity can be protected further by carefully shopping online. Some retailers are more secure than others, which means that not every location will treat your information the same. Look at a website's URL at the top of your browser. If it begins with the tag "https," it has an SSL certificate installed, meaning that your communication with the website in question is encrypted. When shopping online, there's no such thing as being too careful.

Finally, be skeptical of phone calls from individuals that you're unfamiliar with. One of the most common phone call scams are imposter scams, which are carried out by those pretending to be individuals they aren't. They might claim that they're working for the bank that you're a client of, or perhaps they're posing as a family member in need of money. Whatever the case may be, these are common identity theft tactics that you should be aware of.




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