Privacy Policy
In compliance with the GLBA, we are providing you with this document, which notifies you of the privacy policies and practices of Shafer Insurance Agency, Inc. regarding the collection, disclosure and confidentiality of your nonpublic personal information. At Shafer Insurance Agency, Inc. we are committed to protecting your privacy. Title V of the Gramm-Leach-Bliley Act (GLBA) generally prohibits any financial institution, directly or through its affiliates, from sharing nonpublic personal information about you with a non-affiliated third party unless the institution provides you with a notice of its privacy policies and practices, such as the type of information that it collects about you and the categories of persons or entities to whom it may be disclosed. We want you to understand what information we collect about you and how we use that information. This privacy policy applies to our relationship with you if you are an individual who obtains products or services from us for personal, family or household purposes.
The GLBA further requires that we inform you that you have a right to prevent us from sharing nonpublic personal information about you with a non-affiliated third party for any purpose that is not specifically authorized by law. Your right to prevent us from sharing nonpublic personal information about you with a non-affiliated third party for a purpose that is not specifically authorized by law is called your right to “opt out” of such information sharing.
INFORMATION WE COLLECT
We collect nonpublic personal information about you from the following sources:- Information which we receive on applications or other forms (such as your name, address and date of birth);
- Information about your transactions with us, our affiliates or others;
- Information which we receive from third parties, such as consumer reporting agencies
INFORMATION WE MAY DISCLOSE TO THIRD PARTIES:
We may disclose all of the information we collect, as described above, about our customers or former customers to companies that perform marketing services on our behalf or to other financial institutions with whom we have joint marketing agreements. We also may disclose information about our customers or former customers as permitted by law.NON-AFFILIATED THIRD PARTIES TO WHOM DISCLOSURES MAY BE MADE:
We may disclose nonpublic personal information about you, such as we have described above, to the following types of third parties that perform marketing services on our behalf or with whom we have joint marketing agreements:- Fulfillment service providers such as billing and enrollment services and collection services.
- Other insurance agencies or companies that perform services for us in connection with carrying out an insurance transaction involving you or your policy.
- Financial institutions with whom we have joint marketing agreements such as insurance providers.
- Other types of financial institutions such as premium finance companies.
NOTIFICATION OF YOUR RIGHT TO OPT OUT OF CERTAIN DISCLOSURES
If you prefer that we do not disclose nonpublic personal information about you to non-affiliated third parties, you may opt out of those disclosures, that is, you may direct us not to make those disclosures (other than those disclosures that are expressly permitted by the Gramm-Leach-Bliley Act and its implementing regulations). If you wish to exercise your right to opt out of the information sharing described, you must send to the address below a letter in writing requesting that you do not wish for Shafer Insurance Agency, Inc. to share your nonpublic personal information with non-affiliated third parties for purposes other than those that are permitted by law.Shafer Insurance Agency, Inc.
ATTN: PRIVACY OFFICER
1100 Marion Street, Ste. 100
Knoxville, TN 37921