Credit Protection and Identity Theft Insurance

After my previous post, my sister suggested I consider identity theft insurance. I may consider it, but I currently pay Chase to monitor my credit (and they do call it identity theft protection which it is not) and I have been very happy with the service. I will probably not use LifeLock as a provider based on the long and colorful career of the founder, as seen in this newspaper report. He does seem to be very good at marketing though.