Are credit agency customers signing up for insurance they could avoid?

Money Mail today raises concerns that customers of Britain’s biggest credit agency Experian have been paying for years for insurance they did not know they could avoid. The organisation, which guards customers’ credit record details, has been signing up people to the low-cost cover as part of a membership package. The Experian ID protection policy is bundled in with the £14.99 monthly membership for its Credit Expert service, which allows users to check their credit file. The insurance deal, which covers expenses if your identity is stolen, is about £6 of the monthly cost. The rest of the package allows you to manage your credit report and check your score when applying for cards or loans. Money Mail has been contacted by people who signed up to Credit Expert, but did not realise they could opt out of the insurance and keep the rest of their perks.....Read more here