{"id":4625,"date":"2025-09-19T17:03:39","date_gmt":"2025-09-19T21:03:39","guid":{"rendered":"https:\/\/amalgamatedbenefits.com\/amalgamated-life\/?p=4625"},"modified":"2025-09-19T17:03:49","modified_gmt":"2025-09-19T21:03:49","slug":"the-overlooked-benefit-how-identity-protection-supports-financial-wellness","status":"publish","type":"post","link":"https:\/\/amalgamatedbenefits.com\/amalgamated-life\/the-overlooked-benefit-how-identity-protection-supports-financial-wellness\/","title":{"rendered":"The Overlooked Benefit: How Identity Protection Supports Financial Wellness"},"content":{"rendered":"

In today\u2019s technology-driven world, identity theft is no longer a rare occurrence. It is a growing threat that affects millions of Americans each year. Although emerging technologies have improved our lives in many ways, they have also created new opportunities for bad actors to steal personal information with alarming ease.<\/p>\n

While employers have traditionally focused on benefits like health insurance and retirement plans, identity protection has recently begun to receive attention as a key component of financial wellness.<\/p>\n

At Amalgamated Life Insurance Company, we recognize that supporting working people and their families means addressing the full spectrum of financial wellness. That is why we offer identity theft protection from IdentityForce\u00ae, a TransUnion\u00ae brand, as a voluntary benefit. It\u2019s a robust identity protection solution designed to help safeguard your employees\u2019 personal and financial security.<\/p>\n

Why Identity Protection Matters in the Workplace<\/h2>\n

The toll of identity theft is staggering: victims report an average loss of $1,160<\/a>, spend up to 6 months+ restoring their identity, and often experience significant emotional distress.<\/p>\n

The emotional and physical impact of identity theft can be significant, especially when it comes to stress and anxiety. When employees are affected, these personal challenges can interfere with their work performance, leading to lower levels of productivity, increased absences, and even employee turnover.<\/p>\n

The workplace impact of identity theft is only part of the problem, as many breaches originate from everyday mistakes that could be avoided. An estimated 95 percent of data breaches<\/a> are caused by human error, such as credential misuse and other user mistakes. Even with an awareness of the risks, many people continue to reuse passwords or make only minor changes to them. These behaviors put not only individuals at risk but also the organizations they work for.<\/p>\n

Given these challenges, it is essential for organizations to equip their employees with the knowledge to practice strong cyber hygiene and the tools to respond effectively if an incident occurs.<\/p>\n

A High-Value, High-Impact Benefit<\/h2>\n

Offering identity protection is not just a nice-to-have; it is a strategic advantage that employers increasingly recognize as a valuable addition to their benefits package.<\/p>\n

With Identity Theft Protection from Amalgamated<\/strong>, employees gain access to a powerful suite of tools and services, including:<\/p>\n