CONSUMER PRIVACY NOTICE
At IAC, we are committed to safeguarding your privacy. While the information we collect about you is critical to providing superior products and service, we are dedicated to maintaining the confidentiality of the personal information we have. IAC does not sell your personal information to non-affiliated third parties, and we will only disclose your personal information as is necessary for us to provide the insurance products and services you expect from us.
To help you understand how we protect your personal information, this notice describes our current privacy practices. During the continuation of your relationship with IAC, we will advise you of our privacy practices at least once annually, or as required by law.
INFORMATION WE MAY COLLECT AND USE
We collect personal information about you in order to provide you financial products and services. The type of information we collect depends on the products and services you are interested in and whether you are the proposed insured. For example, we may collect personal information about you such as your name, address, and telephone number, and we may collect other personal information such as your health, financial, and employment history.
We gather your personal information from a variety of sources, including from application or claim forms, required medical exams or tests, past transactions, or from sources such as medical professionals and credit reporting agencies. While most information is collected at the time of application or claim, additional information may be required if you request changes to your contract or other service. We also maintain personal information from any past transactions with us, such as information about your insurance policies, premiums, and claims.
CONFIDENTIALITY OF MEDICAL INFORMATION
We understand that you may be especially concerned about the privacy of your medical information. We do not sell your personally identifiable medical information to anyone. We only utilize or share this information for purposes of underwriting insurance, administering your policy or claim, and other purposes permitted by law, such as disclosures to our reinsurers, insurance regulatory authorities, or in response to legal process.
INFORMATION WE MAY DISCLOSE
IAC regards all of your personal information as confidential. However, in the course of conducting our business, there are circumstances in which we may disclose information we have about you to other parties. These disclosures are only made as permitted by law, such as disclosures to our reinsurers, claims administrators, and regulatory or governmental authorities.
Whenever we hire such other parties to help us conduct our business, we expect them to maintain the confidentiality of your personal information and abide by all applicable privacy laws. We do not authorize them to use or disclose your personal information for any purpose other than the work they are performing on our behalf or as required by law.
CONFIDENTIALITY AND SECURITY
We have and maintain policies and procedures to help us protect the confidentiality of your personal information during all stages of your relationship with us. We maintain physical, electronic, and procedural safeguards to help us protect your personal information from unauthorized access and anticipated threats or hazards. However, no method provides absolute security, and you should remain vigilant about protecting your personal information.
YOUR RIGHT TO REVIEW YOUR INFORMATION
You have the right to review the protected information we have about you that relates to any insurance or annuity product issued by us that we could reasonably locate and retrieve. You may also request that we correct, or delete any inaccurate information. If you would like to receive this information, please write to us at: Privacy Notice – IAC, 3200 E. Memorial Road, Suite 100, Edmond, OK 73013.