Common use of Right to Privacy Clause in Contracts

Right to Privacy. You have the right to prevent an insurance company, agent, adjuster or financial institution from disclosing your personal financial information to companies that are not affiliated with the insurance company or financial institution. Some examples are income, social security number, credit history and premium payment history. If you apply for a policy, the insurance company or financial institution must notify you if it intends to share financial information about you and give you at least 30 days to refuse. This refusal is called “opting out.” If you buy a policy, the insurance company or financial institution must tell you what information it collects about you and whether it intends to share any of the information, and give you at least 30 days to opt out. Agents and adjusters who intend to share your information with anyone other than the insurance company or financial institution must give you similar notices. You can opt out at any time. Your decision to opt out remains in effect unless you revoke it. These protections do not apply to information: • publicly available elsewhere; • insurance companies or financial institutions are required by law to disclose; or • insurance companies or financial institutions must share in order to conduct ordinary business activities. What you should know about cancellation and nonrenewal Cancellation means that before the end of the policy period the insurance company: • terminates the policy; • reduces or restricts coverage under the policy; or • refuses to provide additional coverage to which you are entitled under the policy. Refusal to renew and nonrenewal mean the policy terminates at the end of the policy period. The policy period is shown on the declarations page at the front of your policy.

Right to Privacy. You have the right to prevent an insurance company, agent, adjuster adjuster, or financial institution from disclosing your personal financial information to companies that are not affiliated with the insurance company or financial institution. Some examples are income, social security number, credit history history, and premium payment history. If you apply for a policy, the insurance company or financial institution must notify you if it intends to share financial information about you and give you at least 30 days to refuse. This refusal is called “opting out.” If you buy a policy, the insurance company or financial institution must tell you what information it collects about you and whether it intends to share any of the information, and give you at least 30 days to opt out. Agents and adjusters who intend to share your information with anyone other than the insurance company or financial institution must give you similar notices. You can opt out at any time. Your decision to opt out remains in effect unless you revoke it. These protections do not apply to information: •  publicly available elsewhere; •  insurance companies or financial institutions are required by law to disclose; or •  insurance companies or financial institutions must share in order to conduct ordinary business activities. What you should know about cancellation and nonrenewal Cancellation means that before the end of the policy period the insurance company: •  terminates the policy; •  reduces or restricts coverage under the policy; or •  refuses to provide additional coverage to which you are entitled under the policy. Refusal to renew and nonrenewal mean the policy terminates at the end of the policy period. The policy period is shown on the declarations page at the front of your policy.

Right to Privacy. You have the right to prevent an insurance company, agent, adjuster adjuster, or financial institution from disclosing your personal financial information to companies that are not affiliated with the insurance company or financial institution. Some examples are income, social security number, credit history history, and premium payment history. If you apply for a policy, the insurance company or financial institution must notify you if it intends to share financial information about you and give you at least 30 days to refuse. This refusal is called “opting out.” If you buy a policy, the insurance company or financial institution must tell you what information it collects about you and whether it intends to share any of the information, and give you at least 30 days to opt out. Agents and adjusters who intend to share your information with anyone other than the insurance company or financial institution must give you similar notices. You can opt out at any time. Your decision to opt out remains in effect unless you revoke it. These protections do not apply to information: • publicly available elsewhere; • insurance companies or financial institutions are required by law to disclose; or • insurance companies or financial institutions must share in order to conduct ordinary business activities. What you should know about cancellation and nonrenewal Cancellation means that before the end of the policy period the insurance company: • terminates the policy; • reduces or restricts coverage under the policy; or • refuses to provide additional coverage to which you are entitled under the policy. Refusal to renew and nonrenewal mean the policy terminates at the end of the policy period. The policy period is shown on the declarations page at the front of your policy.