According to a recent survey, 772,000 Australians experienced identity theft in the last year, and lost an average of $4,000 each.
Last year the Attorney-General listed the black market prices for some key identity credentials…
- $80 for your Medicare card
- $350 for your driver’s licence
- up to $30,000 for your passport
CAN'T AFFORD IT?
If you can’t afford to increase your cover, consider changing your excess and using the money saved on the premium, to increase the sum insured.
You may also be able to get more cover for the same premium by shopping around.