What average annual Prepay - Blog Life Dady

What average annual Prepay

Share:
What average annual Prepay -

Q: I just read your comments on identity theft protection services, and I noticed that the "annual pre-payment" is often used. What does it mean?

A: Great question! An annual prepayment is when you pay for a year in advance of services. Three of our identity theft protection and credit monitoring examined offer discounted prices - you save money in the long term - when you prepay. For example, TrustedID costs a total of $ 112.50 per year when you pay with an annual prepayment, then you pay an annual total of $ 161.88 for an individual plan. That's a total savings of $ 49.38 per year.

The only thing that you should consider when signing an annual pre-payment is the refund policy. All services that offer annual pre-payment - LifeLock, TrustedID and IDFreeze - also offer free trials so you can test the service before making a financial commitment, but it is always important to know the refund policy if you decide cancel

If you choose to cancel LifeLock prematurely you will be reimbursed for however many months have not been used. For example, if you cancel after seven months, you will be refunded for the remaining five months you have not used.

TrustedID IDFreeze and do not have the same return policy. These services provide annual billing customers a refund of 50 percent over the first 180 days of the composition - not including the free trial. After 180 days have passed, you will not be eligible for reimbursement.

TrustedID and LifeLock are services that offer both identity theft protection services and the monitoring of the credit report. IDFreeze provides protection against identity theft free credit monitoring report.

Discover our protection against identity theft compare page to see what each service has to offer and how they compare to each other.