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February 07, 2005

Providers push insurance covering theft of identity

Ed Bloom considered himself a very educated consumer when he made the decision last year to purchase identity theft insurance.

"I'm a victim," said the retiree from Ayer. "Having been through this before, I saw it as a great benefit."

Bloom discovered his identity had been stolen in September 1999 when he was contacted by a collection agency demanding payment of more than $800 he allegedly owed on a phone account in Brooklyn, N.Y.

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Posted by Tom Troceen