Title V of the Gramm-Leach-Bliley Act (GBLA) generally prohibits any financial institution from sharing nonpublic personal information about you with any third part, unless the institution provides you with notice of its privacy policies. IMG agrees with this law and believe your personal information should be respected and protected. This privacy policy describes our policies and applies to our relationship with you regarding our products and services.
The GLBA also requires we inform you that you have a right to prevent us from sharing your information with a third party for any purpose which is not authorized by law. Your right to prevent us from sharing this information is called the “Opt Out” clause.
Information We Collect
We may obtain information about you for underwriting purposes and from a variety of sources. Much of the information we obtain, like your name, address, social security number, etc. comes from you during the application process. We also collect information from third parties such as governmental entities, medical sources, and consumer reporting agencies. This information may include such things as credit history, motor vehicle reports, inspections of your property and information concerning previous policies and claims history.
Information We Disclose To Third Parties
We occasionally share your personal information with third parties, as necessary, to provide you with products and services and as permitted by law. We may disclose information necessary to underwrite or service your insurance policies or to investigate and pay claims.
We disclose information to insurance companies, adjusting and auditing companies, lending and investment institutions, and to process your requests. We may disclose limited information about you to companies who perform marketing services on our behalf.
Information Security
We restrict access to your information to employees who need to know the information in order to provide you with products and service. We maintain physical, electronic and procedural safeguards to protect your information.
Dispute Resolution
Any concern relating to our privacy policy, or the breach thereof, shall be settled by arbitration with the rules of the American Arbitration Association, and judgment upon the award rendered by the arbitrator may be entered in to any court having jurisdiction thereof.
Reservation to Disclose Information in Unforeseen Circumstances
In connection with the potential sale or transfer of its interest, IMG reserves the right to sell or transfer your information to a third party entity that concentrates its business in a similar practice or service; agrees to be IMG’s successor in interest with regard to the protection of information collected, and agrees to obligations of this privacy statement.
Ongoing Access to Privacy Policy
If you have any questions about our privacy policy you may contact our office at
Insurance Management Group
208 8th St SE, Altoona, IA 50009
515-967-3761 800-733-6016
Fax 515-967-7051
insurit@insmgmtgrp.com