Privacy Policy

Home Privacy Policy

YOUR PRIVACY IS OUR TOP CONCERN

Brummel Madsen & Associates, Inc. recognizes that a key element of the insurer/insured relationship is the trust which you place with us to respect the privacy and confidentiality of your personal financial and health information. We are committed to providing you with the highest quality insurance products backed by superior service. While personal information about you is fundamental to our ability to do this, your privacy is also very important to us. We at Brummel Madsen are committed to keeping that information secure and confidential.

When you apply to Brummel Madsen & Associates, Inc. for insurance, you disclose a certain amount of information about yourself to us. The collection, use and disclosure of such information are regulated by law. In addition, Brummel Madsen & Associates, Inc., its agents, and affiliates recognize the confidentiality expectations of our applicants and policyholders. Therefore, it is the policy of Brummel Madsen:

  • To collect only information necessary or relevant to our business;
  • To make a reasonable effort to ensure that the information we act upon is accurate, relevant, timely and complete;
  • To use only legitimate means to collect information;
  • To make personal information available externally only to respond to legitimate business needs, to regulatory or other governmental authorities or as otherwise permitted by law; and
  • To limit employee access to personally identifiable information to those who have a business reason for knowing such information.

OUR COMPANY POLICY

We do not disclose any non-public personal information about our current or former policyholders or claimants to any affiliate or any non-affiliated third party other than those permitted by law and only for the purpose of transacting the business of your insurance coverage or your claim.

1. INFORMATION WE COLLECT:

We collect nonpublic personal information about you on insurance applications or other insurance company forms with regard to insurance coverage in place.

Information about your transactions with us or with others as it pertains to insurance coverage in place .

Information we receive from a consumer reporting agency such as credit reports bearing on your creditworthiness, credit standing, credit capacity, character, general reputation, personal characteristics or mode of life which is used, expected to be used, or collected for the purpose of serving as a factor in establishing your eligibility for insurance.

Information we receive from claims adjusters or other individuals or entities concerning the processing or administration of claims that you might have as a result of purchasing an insurance product from us.

Information we receive from underwriting services such as CLUE or Fair Isaac provided for insurance companies and agents and used as a factor in establishing your eligibility for insurance.

Information we receive from government agencies such as motor vehicle records.

Information that we compile from sources that are within the pubic domain such as telephone books, city directories, and membership lists that are subsequently compiled into a nonpublic personal information database used by us.

Unless it is specifically stated otherwise in an amended Privacy Notice, no additional information will be collected about you.

2. 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.

3. 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:

  • Financial institutions with whom we have joint marketing agreements such as insurance providers including those that have issued a policy or policies to you.
  • Financial institutions that may have loaned you money to acquire an item of personal property such as a house, boat, car, jewelry, etc. that requires proof of insurance coverage.
  • Other insurance agents or brokers to enable us to provide insurance coverage requested by you.

We may also disclose nonpublic personal information about you to non-affiliated third parties as permitted by law.

4. NOTIFICATION OF YOUR RIGHT TO OPT OUT OF CERTAIN DISCLOSURES

As we have indicated in this Privacy Policy Notice, we collect certain nonpublic personal information about you, and we may disclose that information to certain non-affiliated third parties for purposes other than those expressly permitted by the Gramm-Leach-Bliley Act and the federal and state regulations implementing that Act. If you prefer than we 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).

5. OUR PRACTICES REGARDING INFORMATION CONFIDENTIALITY AND SECURITY:

We restrict access to nonpublic personal information about you to those employees who need to know that information in order to provide products or services to you. We maintain physical, electronic, and procedural safeguards that comply with federal regulations to guard your nonpublic personal information.

6. OUR POLICY REGARDING DISPUTE RESOLUTION:

Any controversy or claim arising out of or relating to our privacy policy, or the breach thereof, shall be settled by arbitration in accordance with the rules of the American Arbitration Association, and judgment upon the award rendered by the arbitrator(s) may be entered in any court having jurisdiction thereof.

7. RESERVATION OF THE RIGHT TO DISCLOSE INFORMATION IN UNFORESEEN CIRCUMSTANCES:

In connection with the potential sale or transfer of its interest, Brummel Madsen & Associates, Inc. reserves the right to sell or transfer your information (including but not limited to your address, name, age, sex, zip code, state and country of residency and other information that you provide through other communications) to a third party entity that (1) concentrates its business in a similar practice or service; (2) agrees to be Brummel Madsen & Associates, Inc.™s successor in interest with regard to the maintenance and protection of the information collected; and (3) agrees to the obligations of this privacy statement.

318 Main Street
Cedar Falls, Iowa 50613
PHONE: 319-266-2644
TOLL FREE: 800-729-2644 
FAX: 319-277-2429

Back to Top