Question

How much will the Identity Fraud Expense Coverage endorsement reimburse an insured specifically for loss of income that is a result of identity theft?

Answer 1

The Identity Fraud Expense Coverage endorsement reimburses the insured for loss of income due to identity theft, with reimbursement amount depending on policy coverage limits.

Step-by-step explanation:

The Identity Fraud Expense Coverage endorsement reimburses the insured for loss of income that is a result of identity theft. However, the amount of reimbursement may vary depending on the specific policy and coverage limits.

For example, if you have a policy with a coverage limit of $50,000 and you experience a loss of income due to identity theft, the endorsement may reimburse you up to the coverage limit of $50,000 for the lost income.

It is important to review the terms and conditions of your specific insurance policy to determine the exact amount of reimbursement for loss of income.