Up to $1M of ID-fraud cover included with every plan
Building a credit file makes you more visible, and more visible means more worth stealing. Monitoring, alerts and resolution support are bundled at no extra cost for the full term of your account.
Four things included, for as long as your account is open
These are not add-ons or an upgrade tier. Every item applies at every plan size.
- Up to $1M ID-fraud insurance
Covers costs incurred recovering from identity theft — legal fees, lost wages, notary and postal costs and certain unauthorised transfers, subject to policy terms.
- Dark-web monitoring
Continuous surveillance for your personal data appearing in breach dumps and criminal marketplaces, with an alert when it does.
- Credit file alerts
Notification when something changes on your report, including new accounts and inquiries you did not initiate.
- 24/7 resolution support
Access to specialists who handle the disputes, affidavits and creditor contacts if your identity is misused.
- Applies for the full term
Cover runs for as long as your Installment Credit Builder is active, at every plan size.
- No separate enrolment
It is active from your first payment. Nothing to sign up for and nothing extra to pay.
Three things this does not do, stated plainly
Insurance products are frequently oversold. These are the limits worth understanding before you rely on it.
No product can. Monitoring shortens the gap between an event and your knowing about it — that gap is what determines how expensive the damage becomes.
It is the ceiling on covered recovery costs, not a sum paid on a claim. Most claims involve far smaller amounts, and stolen funds are not always reimbursed.
A freeze is the single most effective protection and it is free by law, requested directly from each bureau. We will tell you how; we do not do it for you.
Every term that matters, in plain English
Insurance is governed by the policy document, which you can read in full before relying on any of this.
- Who underwrites it
- Cover is provided through a third-party insurer, not by Kovo. The policy document governs and is available in your account.
- What is covered
- Costs of recovering from identity theft: legal fees, lost wages, notary and postal expenses, and certain unauthorised electronic fund transfers, subject to policy terms and exclusions.
- What is not covered
- Losses already reimbursed elsewhere, business losses, and in many cases the stolen funds themselves. Read the exclusions before relying on it.
- The $1M figure
- An aggregate limit on covered costs, not a benefit paid on any claim.
- Cost
- $0. Bundled with the Installment Credit Builder at every tier, for the full term.
- When cover starts and ends
- From your first payment until your account closes. It does not continue after the term ends.
- Monitoring scope
- Dark-web surveillance of your submitted personal data, plus alerts on changes to your credit file.
- Credit freezes
- Free by law and requested directly from each bureau. This product does not place or lift freezes on your behalf.
Credit Protection — the questions we get asked
Start with the Installment Credit Builder
Protection is active from your first payment, at every plan size, for the full term. No hard credit check to apply.
Check your eligibility