HARTFORD, Conn.-- Travelers Property Casualty Corp. today announces the availability of its new master policy to cover identity theft expenses. Financial institutions or other commercial businesses can purchase this policy on behalf of their account holders or customers, or for use as an employee benefit offering. The new policy furnishes expense reimbursement limits from $500 up to $25,000 per covered person to assist in the restoration of his or her financial health and credit history that has been damaged by identity theft.
This offering - the Identity Fraud Expense Coverage Master Policy - covers expenses such as attorney's fees, lost wages, mailing and notary costs, loan re-application fees and telephone charges. Travelers itself is among the first companies to include this offering as part of its comprehensive employee benefits program.
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