 |
Notice
of Information Practices
This description of the information practices
of Security Plan Life Insurance Company (Security Plan)
and your Security Plan agent is being provided in accordance
with the requirements of insurance information and privacy
laws. Security Plan is strongly committed to maintaining
the privacy of your personal information. The following discloses
our information gathering and dissemination practices.
|
Collection
To issue and administer your contract, we need to
obtain information about you. Most of this information will be obtained
from your application for insurance and/or prearranged funeral contract.
If health questions are asked on your application, we may ask for
health information from physicians, medical professionals, hospitals,
clinics, or other medical care institutions and agents.
Disclosure
The information about you which we obtain will not
be disclosed to others without authorization except to the extent
necessary for the conduct of our business, and as authorized by
the laws of your state. For example, necessary items of information
may be disclosed to:
- various employees of Security Plan who may
see the information you submit in the course of their official
duties;
- our agents to enable them to adequately
service your contract;
- persons or organizations which perform a
business or professional function for us;
- other insurers, agents or insurance support
organizations to enable them to perform a business function concerning
an insurance transaction with you;
- a State Insurance Department or other governmental
authority; and
- a funeral home from which you have purchased
a prearranged funeral contract.
We do not share any nonpublic personal information
about you with nonaffiliated third parties other than entities who
perform business functions integral to the provision or servicing
of our insurance products, or when required or permitted by law.
We also do not sell any customer or policyholder information to
mailing list companies or mass marketing companies. If we disclose
such nonpublic personal information about you to a nonaffiliated
third party, (except where permitted or required by law) you will
first be given an opportunity to opt out of our providing such nonpublic
personal information. We treat our policyholder information as confidential.
Access
to Information
You have a right of access to information we maintain
in our files about you. Within 30 business days of our receipt of
your request you may have access to recorded information about you
which is locatable and retrievable. We will inform you of the identity
of any institutional source which gave us the information. If you
wish, we can arrange for you to see this information or obtain a
copy by mail. You may be asked to pay a charge for the cost of providing
copies.
Disputed Information
You may request correction, amendment, or deletion
of any information in our files pertaining to you. We will respond
within 30 business days concerning your request.
We will tell you what action we have taken. If we
do not agree with you, we will notify you of our refusal, give you
our reasons, and give you the opportunity to file a concise statement
stating why you dispute our action. If we originally receive any
information from a medical professional or medical information source,
we will request that you contact them directly and ask that they
correct, amend or delete the information they have concerning you.
To the extent they modify their information we shall take appropriate
action based on that modification. We will notify any person who
furnished us the information, within the preceding two years, of
the dispute regarding the information. Your statement of dispute
will be sent to every person to whom disclosure has been made.
|
