IdentityIQ Review 2019

identity iq logoYour credit history and score are the gateways to your financial future. It is what gives you the ability to get the money for a credit card, car, home, or college education. It can impact what rates you receive and the size of the loans you can acquire.

Your credit history and score are essential parts of life, so it is critically important to protect these elements from outside threats. If a phisher, for instance, acquired your personal information and took out a credit card in your name, they could severely damage your reputation.

It would be harder to receive favorable rates on loans, which makes it impossible to build a future by leveraging credit facilities.

What is IdentityIQ?

IdentityIQ provides identity and credit protection. It includes a host of monitoring, alert, and information recovery methods services to ensure customers have minimal risk of fraud and identity theft. Identity IQ also offers identity theft education seminars to corporate and academic organizations.

The private company had its start in Las Vegas, Nevada, in 2009 and has made a name for itself with affordable monthly prices. One of their unique features is the ability to let customers bundle products. For instance, people can combine identity theft protection with credit monitoring, as well as credit reports.

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What Does IdentityIQ Offer?

IdentityIQ offers not one, but four different forms of credit and identity protection packages.

The products are aptly named: Secure, Secure Plus, Secure Pro, and Secure Max. Here is a breakdown of the features of each plan:

Secure

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  • Credit report monitoring from one bureau
  • Dark web monitoring
  • Internet monitoring
  • One million dollars in stolen fund reimbursement
  • Coverage for lawyers and expert advice
  • Personal expense compensation
  • Social security number alerts
  • Synthetic ID theft protection
  • File sharing network monitoring
  • Lost wallet assistance
  • Checking account report
  • Opt-out IQ (junk mail and a ‘do not call’ list)
  • US-based ID restoration service

Secure Plus

  • All the features mentioned above +
  • Credit reports and scores from three bureaus
  • Change of address monitor
  • IQ alerts with application monitoring
  • Checking account reporting

Secure Pro

  • All the features mentioned above +
  • Twice-yearly credit reports and scores from three bureaus
  • Credit report monitoring from three bureaus
  • Enhanced credit report monitoring
  • Alerts on crimes committed in your name
  • Score changes alerts

Secure Max

  • All the features mentioned above +
  • Monthly credit reports and scores from three bureaus
  • Credit score tracker
  • Credit score simulator
  • Family protection of up to $25,000 for identity theft insurance and identity fraud restoration
  • Fraud restoration with limited power of attorney (LPOA)

What Are the Costs?

IdentityIQ’s plan covers individuals and families every month. Secure Max is the only one that specifically includes more than one person, however. Here are the prices you can expect to pay on a monthly or yearly basis.

  • Secure: $6.99 per month, $83.88 per year
  • Secure Plus: $9.99 per month, $119.88 per year
  • Secure Pro: $19.99 per month, $239.88 per year
  • Secure Max: $29.99 per month, $359.88 per year

How Do I Cancel IdentityIQ?

According to the IdentityIQ terms and conditions, you can call them on a customer service number that comes with membership. Cancellation calls occur during business hours, which is between 8 a.m. to 10 a.m. (PST). After you confirm the cancellation and your identity, IdentityIQ will discontinue your account immediately.

Depending on the plan, you may still be able to access some features on the IdentityIQ website after canceling your package. It does not include the plan benefits, as mentioned above, such as credit tracking or dark web monitoring, though.

IdentityIQ also does not offer refunds because “services are made available to you upon reenrollment or purchase and costs are incurred by us.

Is IdentityIQ Secure?

IdentityIQ provides a range of security measures to protect your credit and identity. The ability to mix and match features, as well as the custom identity restoration service, gives customers a great deal of control when it comes to determining the ideal amount of coverage.

Some of the fraud protection options include mail theft, Internet scams, lost wallets, data breaches, and home invasion.

No company is capable of protecting people on every single platform or from all hackers and phishers. Even IdentityIQ avoids using the word “guaranteed” when it comes to describing the tenacity of their services. While no amount of protection is a certainty, taking the proactive steps to mitigate any risk will undoubtedly benefit the integrity of your credit and identity.

Pros of IdentityIQ

Comprehensive Coverage

The IdentityIQ identity and credit reporting services are detailed and extensive. Customers receive protection on numerous fronts for the digital and physical worlds. The fact that there are four different plans also provides flexibility when choosing your preferred coverage amounts.

Affordable Rates

IdentityIQ’s prices are in line with those of its competitors. If pricing is a compelling factor in your decision, you will probably smile at a $6.99 per month plan. Customers also gain access to informative and straightforward online educational resources to protect their assets better, which is helpful.

One Million Dollar Protection

No matter what plan you select, you will be eligible for $1 million in protection. The figure covers stolen funds, lost wages, and legal fees. The peace of mind that comes with a $1 million cushion can be a satiating incentive to invest in fraud protection services.

Cons of IdentityIQ

Relatively Young Company

While ten years in the business is nothing to scoff at, IdentityIQ is relatively youthful by industry standards. The notion is not to say their products are inferior or their representatives don’t know what they are doing. Being in the industry for a few decades, though, provides customers with more insightful resources and financial assurance.

Cheaper Plans Are Lacking

We looked closer at the Secure Plan. While the package is only $6.99 per month, it lacks many of the essential features of the other options. It does not include credit reports, IQ alerts, or family protection, and it’s challenging to justify spending the money here when the Secure Plus plan is only three dollars more.

IdentityIQ Review
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