Here is another review from identitytheftlabs.com
To be the most successful company in any industry you need to market well and LifeLock has a marketing campaign second to none. Led by CEO Todd Davis, who has proudly shown off his Social Security number on national T.V., newspapers and radio ads, LifeLock has created a buzz about their company. How can anyone be so stupid to give out their SSN to the general public? Isn't he just asking for trouble? Well, we certainly wouldn't recommend that anyone else do it regardless of how well they are protected.
Todd Davis on the other hand has a lot to gain and there is no doubt he believes in the protection that LifeLock offers. Is there a better way to instill confidence in consumers. If there is we can't think of it. Davis put his name and money where his mouth is and the campaign has been a great success with LifeLock helping to protect over 1,000,000 customers.
LifeLock has been one of the fastest growing companies in the US and has been nominated for multiple American Business Awards, including Best New Company, Best New Product/Service, and recently Best Overall Company. They also won Red Herring 200 which is an award reserved for the 200 most innovative and promising private firms in the U.S. and Canada and were named to the Top Global Company 250 list by AlwaysOn.
LifeLock is well backed financially with premier investment firms Goldman Sachs Inc., Kleiner Perkins Caufield & Byers, and Bessemer Venture Partners providing the initial cash flow ($31.5 million) and stability that every company needs. In 2009 LifeLock raised another $40 million from a group that included their newest partner Symantec, makers of the popular Norton Internet Security Suite.
How does LifeLock work and is it worth it?
LifeLock places fraud alerts at all three credit bureaus and maintains these alerts every 90 days renewing them before they expire. A fraud alert causes the credit bureaus to flag your credit file and include your phone number so that you can give verbal authorization to a creditor as proof that they are dealing with you and not an identity thief. A creditor who accesses a flagged file is required per the FACT Act passed by Congress, to take extra precaution to confirm your identity because the alert tells them that you have a good faith belief or suspicion that you are at risk of identity theft. Creditors routinely call the number you place in your file to comply with this legislation. It is best to place your cell phone number in your file for those occasions where you can authorize a credit transaction on the spot.
The system has worked extremely well and is one of the most effective identity protection services as it is proactive rather than reactive, in that it can stop identity theft before it happens. This differs greatly from credit monitoring which only informs you that someone has used your credit and then leaves you the emotionally draining and costly task of restoring your credit and clearing your name. Are you confident that you could handle the fallout, stress and anxiety that would result from an identity theft situation? Personally, we would never want to find out.
The fraud alert system whether employed by yourself, or through an identity theft protection service such as LifeLock, Debix or TrustedID is easy to use, effective, and safe. It allows YOU to maintain control of your credit and money rather than identity thieves. Of course LifeLock does far more than place and renew fraud alerts for its' members.
LifeLock Benefits and $1,000,000 Total Service Guarantee
One thing we like about LifeLock is that they are the only identity protection company that is openly telling consumers that they can place these fraud alerts themselves. LifeLock is positioning themselves as a service company, likening it to the fact that you could change your oil, clean your house or do many other things that you pay companies or people a service fee to do. LifeLocks solution saves you the time and aggravation of dealing with the credit bureaus and helps protect you in ways you could not do on your own.
Every year Lifelock removes you from pre-approved credit card offers, which are a known source of identity fraud, and from junkmail lists. They immediately order your free annual credit report and do so every year so you can check for potential problems or discrepancies at all three bureaus. They also have a value added feature called WalletLock that, in the event that you lose your wallet or purse, will allow you to place one phone call to LifeLock and have a representative help you cancel your accounts and replace all your identification. This saves your valuable time and reduces your stress, especially when this happens while your in another country. WalletLock covers credit and debit cards, Social Security cards, driver’s licenses, insurance cards, checkbooks, and even traveler’s checks.
In 2008 LifeLock added two new services, eRecon and TrueAddress. Erecon scans the black market internet for your private information such as your Social Security number, credit card number, driver’s license and email address, if provided, and lets you know if anyone is using or attempting to steal them. eRecon monitors over 10,000 of these illegal websites where criminals buy and sell personal information and account numbers. TrueAddress scans various address databases nationwide and alerts you if a criminal has changed your address, a common practice employed by identity thieves to steal your mail and obtain your financial information.
The meat and bones behind the package is LifeLock's one million dollar total service guarantee which they pioneered. As a LifeLock member, if you become a victim of identity theft because of a failure in their service, they'll help fix it at their expense, up to $1,000,000. (Restrictions apply. See lifelock.com for details). LifeLock promises to do whatever it takes to recover your good name and will spend up to $1,000,000 on attorneys, accountants, case managers, investigators, or whatever professionals you need to accomplish this. Unlike other services where you hire these professionals yourself, do the leg work and the company "assists" you in cleaning up the mess, LifeLock is, once again, proactive and takes the steps necessary to help you recover.
It is important to note that the LifeLock $1,000,000 total service guarantee, as with any identity insurance as well, only applies to new cases of identity theft. Existing identity theft victims will not be covered and in fact won't be able to get identity insurance coverage for that case from anyone else either. This is why it is important to have a total service guarantee or identity insurance coverage in place before some low life criminal ruins your good name or steals your hard earned money and your most precious possession… Your Identity.
Start protect yourself now by visiting LifeLock.com. You will not only save money this year but every year you remain a member. To learn more continue with our LifeLock review.
LifeLock's other Strengths
LifeLock also has some other strengths that set them apart from their competitors. LifeLock is ISO 27001 certified which means they have very strict security procedures at company headquarters in Tempe, Arizona. In fact this is top of the line security which very few companies have since it's an extremely hard designation to earn. LifeLock was the first ISO Certified company in the identity theft industry and remains one of the only ones to earn this prestigious designation.
LifeLock also has the best identity protection for children. Life Lock helps protect children for $25 a year ($22.50 with our LifeLock discount) but only to age 15 after which the adult rate applies. They do this by requesting a credit report which should come back not on file. LifeLock will then confirm every 90 days that that no credit report exists. If your child has a valid credit report, LifeLock will place fraud alerts on your child's file. LifeLock will also request that a notation be placed on the report indicating that there should not be any activity on the file because the child is a minor. In addition, LifeLock orders a copy of your child’s work history from Social Security Administration to confirm that your child’s social security number is not being used fraudulently.
Life Lock Customer Service
LifeLocks customer service has been reviewed by Identity Theft Labs and has been found to be excellent. They are polite, knowledgeable, and readily available to assist you. LifeLock is now open 24 hours a day, 7 days a week and they're American based in Tempe, Arizona. If you would like to order LifeLock over the phone you can call 1(877)- Lifeloc and use promotion code BestOffer. You will not only save money this year but every year you remain a member plus you will get 30 days free*. It is very reassuring, and rare in todays new world, to know that if there ever was a problem, regardless of the day or time, you can reach out and touch a well trained fellow American to help you with your situation.
LifeLock Promotion Code
IdentityTheftLabs.com has been informing Americans of the danger of identity theft and anyone who has been learning from us knows that the number of Americans who have had their private and personal information compromised is staggering, over 217,000,000 in three years resulting in 10 million identity theft victims every year.
Identity theft is easy to get away with and lucrative which is why identity theft rings are growing fast, and organized crime from the different mafias to the bikers have thrown their hat in the ring. Identity theft was very difficult to stop until now.
LifeLock identity theft protection and the fraud alert system they employ is one of the best ways to protect yourself from identity theft and it is also very affordable. They advertise that Protection costs $10 per month but by using the link below (or Lifelock promotion code "BestOffer" on phone in orders) you can pay only $99 per year, a $21 saving off the monthly rate and an $11 saving off their yearly rate found at Lifelock.com. Plus you will receive the first 30 days free*. There is no better offer on the market. Our Lifelock promotion is always the best. Always.
The best part is that Lifelock guarantees this special rate for you in subsequent years if you use our LifeLock promotion code. Take advantage of LifeLocks special pricing while this lasts and protect yourself and your loved ones before its too late. It's not only the peace of mind a $1,000,000 total service guarantee provides, its proactive protection that will guarantee your good name and standing from being tarnished in the first place. Be safe, be proactive now.
Click here to get Lifelock
