LifeLock’s Million Dollar Protection Package: What it is and what it covers

What is LifeLock’s Million Dollar Protection Package?

LifeLock’s Million Dollar Protection Package is the financial safety net built into every LifeLock plan. It provides up to $3 million† in reimbursement to help you recover if your identity is stolen, split across coverage for stolen funds, personal expenses, and costs for legal or expert support. 

Instead of leaving you to cover fees, replace stolen money, and manage the complex process of restoring your identity alone, the Million Dollar Protection Package gives you the resources you need to get back on your feet.

Amounts vary by plan, starting with LifeLock Core which covers up to $1,050,000. LifeLock Total delivers the maximum protection — up to $1 million for each reimbursement category (stolen funds, personal expenses, legal/expert support) for a total of $3 million in coverage per adult. 

What does the Million Dollar Protection Package cover?

LifeLock’s Million Dollar Protection Package covers three main categories of expenses: reimbursement for stolen funds, personal expenses incurred as a result of identity theft, and lawyers’ and experts’ fees needed to resolve your case. 

This structure ensures that whether you need legal help, reimbursement for daily living expenses, or direct replacement of stolen money, you’ll have the financial resources to move forward with confidence. With LifeLock’s Million Dollar Protection package, you’re not left paying out of pocket for a crime you didn’t commit.

And there’s no cap on the number of identity theft incidents you can report in a given year, no limits on reimbursement up to the coverage included with your plan, and no maximum hourly cost for legal experts you recruit to help you.

Here are some more details on what the Million Dollar Protection Package covers:

• Stolen funds: Up to $1 million in reimbursement for money stolen directly from your bank, investment, or credit accounts as a result of identity theft.
• Personal expenses: Up to $1 million in reimbursement for expenses related to your identity theft recovery, like childcare, travel, document replacement, and lost wages.
• Legal and expert costs: Up to $1 million in reimbursement for the costs associated with appointing lawyers or other experts to solve your case and recover.

How does LifeLock’s protection package compare to the competition?

Many identity theft protection services advertise reimbursement packages as a core part of their offering, but not all plans are created equally. Here’s a quick breakdown of how some other big names in identity theft protection handle reimbursement:

• Aura: Offers $1 million per adult on solo plans, with family plans scaling up to $5 million in total coverage (with per-person coverage capped at $1 million).
• Identity Guard: Matches the industry standard of $1 million in identity theft insurance per covered adult, with no separate reimbursement categories.
• Identity Force: Includes $1 million in identity theft insurance on the entry-level plan, rising to $2 million per covered adult on the more expensive premium plan.
• IdentityIQ: Provides the industry standard $1 million coverage per adult, with an additional $25,000 in coverage for dependents available on family plans.

Protect against identity theft and its financial consequences

When you choose LifeLock, you don’t just get a restoration guarantee offering up to 12 months of subscription payments back if our U.S.-based identity restoration specialists can’t restore your identity. You also get one of the largest reimbursement allowances in the industry to help you recover financially if identity theft happens. 

With up to $3 million in potential reimbursement per covered adult available on LifeLock Total, and no limits on the number of claims you can make in a year, you can have peace of mind that you’re backed by reliable identity theft reimbursement.

FAQs 

How much does LifeLock’s Million Dollar Protection Package cover?

All LifeLock plans offer up to $1 million in reimbursement for legal and expert costs. LifeLock Total offers an additional $1 million in reimbursement for both personal expenses and stolen funds, while LifeLock Advanced and LifeLock Core offer up to $100,000 or $25,000 for each of these categories, respectively.

Does every LifeLock plan include the Million Dollar Protection Package?

Yes, all LifeLock plans include the Million Dollar Protection Package. While your total reimbursement limit depends on what plan you join, all plans offer at least $1 million in potential reimbursement, with no limits on the number of claims made in a year. 

How does LifeLock’s reimbursement package differ from other providers?

While most identity theft protection services offer the industry standard of up to $1 million in reimbursement per adult, LifeLock LifeLock Total offers up to $3 million in total reimbursement. LifeLock’s reimbursement coverage on family plans is also per person, meaning each covered member gets their own full allowance as opposed to sharing a single “per plan” amount. 

Are children included in the Million Dollar Protection Package?

Yes, children included in a LifeLock family plan can also benefit from the Million Dollar Protection Package. Their coverage includes up to $1 million in reimbursement for lawyers and experts, and up to $25,000 in reimbursement for both stolen funds and personal expenses.