This statement discloses the Privacy Policy for Prospect General Insurance Agency’s website (the “Website”).  Questions for clarification of this statement or comments may be addressed via email to PrivacyCoordinator@ProspectGeneral.com.

 

This Privacy Policy is subject to change and we will note all updates.

Last Update: July 2016

We reserve the right to revise these terms at any time by updating this posting. If you have visited this Website before, any access is subject to the then current terms and you are responsible for checking for any updates. Each use by you shall constitute and be deemed your unconditional acceptance of this Privacy Policy.

Prospect General represents licensed insurers and through its producers requests and obtains from consumers and customers nonpublic personal financial information, as defined below (“Nonpublic Personal Financial Information”), for use in connection with providing certain insurance products.

It is understood Nonpublic Personal Financial Information includes personally identifiable financial information and any list, description or other grouping of consumers, and publicly available information pertaining to them, that is derived using any personally identifiable financial information that is not publicly available. “Personally identifiable financial Information” means any information a consumer provides Prospect General to obtain a financial product or service, information otherwise obtained about a consumer in connection with providing a financial product or service to that consumer, and any information about a consumer resulting from any transaction involving a financial product or service between Prospect General and a consumer. Personally identifiable financial information includes a consumer’s name, address, zip code, email address, phone number, credit history, social security number, driver’s license number, date of birth and any other information that itself identifies, or when tied to the above information, may identify a consumer.

Pursuant to the Gramm-Leach-Bliley Act of 1999 (the “GLB Act”) and state insurance laws and regulations promulgated there under requiring that financial institutions develop policies to protect the confidentiality of Nonpublic Personal Financial Information, Prospect General has prepared a privacy notice regarding its privacy practices, which may be amended from time to time in accordance with the GLB Act and the state insurance laws and regulations of those states in which products are sold (the “Privacy Notice”). The Privacy Notice is provided to consumers and states that (1) Prospect General does not disclose any Nonpublic Personal Financial Information to any third party except as set forth in the Privacy Notice; and (2) the Privacy Notice does not provide the consumer an opportunity to opt out of disclosure of their Nonpublic Personal Financial Information for purposes of the GLB Act.

The Privacy Notice is sent to all insureds at the inception of their insurance policy and annually thereafter as long as the insurance policy remains in force. Prospect General will not disclose or use Nonpublic Personal Financial Information obtained other than in connection with the duties and obligations set forth in the insurance contract and in connection with servicing and processing a product that a consumer requests or authorizes in the ordinary course of business and except as otherwise set forth in the Privacy Notice or as otherwise provided by applicable federal and state laws and regulations.

 

Collection of Information:
While you are visiting our website, we may or may not collect personal/confidential information–written, in-person, telephone, facsimile, electronically and online—that may assist us in preparing a quote for you and in helping us to negotiate with our carriers on your behalf. The personal information we collect may include your name, address, policy or claim information, financial or other information as may be required by our underwriters.

We also collect personal information about you from the following sources:

  • Applications or other forms such as claims forms or underwriting questionnaires that you submit to us and others;
  • Information about your transactions with us, our affiliates or others; and
  • Third party information from public sources such as the internet or governmental agencies.

Disclosure of Information:
We assure you that it is not our policy to share your private information with non-affiliated third parties other than as permitted or required by law. For example, we may share all of the information listed above with non-affiliated third parties for, including but not limited to, the following reasons:

  • The information is essential in servicing or processing the insurance needs of our clients in a way that is customary and necessary among independent insurance agents in our industry. Our services and processes might include, for example, but are not limited to, underwriting, obtaining renewal terms, rating, placement and providing quotes for insurance that is germane to the coverage the customer places with our company.
  • Information necessary to protect the confidentiality or security of our client’s records.
  • Information necessary to resolve client disputes or inquiries.
  • Information required by individuals or entities who are assessing our legal compliance.
  • Information required for us to comply with the law.
  • Information necessary to protect against or prevent fraud, unauthorized transactions, claims or other liability.

Protection of Information:
Our Company maintains physical, electronic and procedural safeguards that comply with state and federal regulations to protect the confidentiality of your personal information.

We appreciate your business and in order to continue building upon that relationship, believe it is necessary not only from a legal standpoint but also as a sound business practice that you, our customer, understand the care our agency uses in handling your information. Our Company will continue to monitor the effectiveness of this privacy policy.