In compliance with the Gramm-Leach-Biley Act ("GLB"), Public Law 106-102 (1999), this notice contains the privacy policy of Bogdan and Assoc. and its affiliated companies. This notice is provided to you by Bogdan and Associates, Inc...
The GLB Act was enacted to provide greater protection for an individual's private information. This notice is meant to provide you with information regarding how we, as independent life brokerage agencies, use your personal information and what your rights are with regard to your non-public personal information.
In order to provide the customer
and our customer the agent, with the benefits of life insurance and other
financial products and services, we need to collect certain non-public
information. In fact, the more we understand about a particular set of
needs, the better we can recommend the appropriate carrier and policy
in order to achieve favorable underwriting. However, we are committed
to maintaining the privacy of this information in accordance with the
law.
As an independent life brokerage agency we are in a unique position as
we routinely obtain non-public information about the ultimate end user
of the product(s) as well as obtain non-public information about our customer,
the agent/broker. We may obtain non-public information concerning an agent/broker
in an effort to comply with the laws preventing certain individuals from
holding a license and to comport to our own agency standards. We may,
as part of the appointment or pre-appointment process, receive information
concerning an agent/broker credit history and contact additional sources
in order to perform any needed background check.
All employees and affiliates of our company with access to personal information
about the consumer and the agent customer are required to follow this
policy. Our privacy policy applies to all personally identifiable non-public
information about you that is obtained in connection with providing you
a life insurance policy or additional financial products and service.
Our privacy policy will continue to cover information we may collect about
you during the course of your insurance policy as well as after your insurance
policy has ended.
The Kind of Information We Collect
When you complete your insurance application form, claim form, or other
forms, we typically receive the following kinds of information:
- Name
- Address
- Date & location of birth
- Marital Status
- Sex
- Social Security Number
- Medical Information
During the course of our business relationship, we may obtain information about:
- Your Payment History
- Your Tax Obligations
- Your Investment Preferences
- Your Credit History
If you correspond with us or transact business through our computer websites, your browser may provide information to us as you interact with us via the internet.
When May We Disclose Your
Personal Information
It is our responsibility to meet your expectations for privacy while still
providing you with life insurance services and products. In order to provide
our ervices to you, your information may be shared with other service
providers.
To complete your life insurance application, we may need to provide your
non-public information to affiliated and non-affiliated persons or entities
involved in the underwriting, processing, servicing, and markeitng of
insurance policies.
Our privacy policy does not permit us to provide any nonaffiliated third
party with your non-public information unless we have an agreement with
the third party that they will protect the confidentiality of your non-public
information.
There are times when we are
required by law to provide your non-public information to authorized persons
or entities. Such occasions include:
- Complying with a subpoena or summons by federal, state or local authorities
- Responding to judicial process
- Responding to regulatory authorities
- Other purposes as required by law
We will not disclose any of
your non-public personal information to anyone except as permitted or
required by law.
Maintaining Secuirty of your Private Information
We will work to ensure that your non-public personal information remains
confidential and secure. To do so, we have established the following procedures
to protect against unauthorized access to your personal information:
- The only persons with access to your non-public personal information are those persons who need to know about the information to underwrite, process, service, or market insurance products and services.
- We will keep your information physically and electronically secure
- If it comes to our attention that a piece of personal information that we possess may be inaccurate or false we will make a reasonable effort to re-verify its accuracy and correct any error as appropriate.
Former Clients
Your non-public personal information is maintained by us on a confidential
and secure basis. If we disclose any of your information will be for the
reasons and under the conditions described in this notice. We do not disclose
any non-public personal information about our formaer clients to anyone
except as permitted or required by law.
Further Information
If you have any questions about our privacy policy, please write to:
Bogdan & Associates, Inc.
P.O. Box 2628
716 Windsor Road
Loves Park, IL 61132-2628
Phone Number - (800) 225-2286
E-Mail - walt@bogdanins.com