Can our insurance company satisfy the notice requirements by posting its privacy policy on its website?
Posting your company’s privacy policy on its website might satisfy the notice delivery requirements in Section 146a.16 of the regulation in some situations, but certainly not in all situations. For example, if the consumer conducts transactions electronically and the site requires the consumer to “click-through” the notice in order to complete the transaction as a necessary step to obtain the insurance product or service, the delivery requirements of the regulation would likely be satisfied. However, the website notice would not be compliant for consumers who do not conduct their transactions electronically, and another delivery mechanism identified in Section 146a.16 of the regulation would be required.
Related Questions
- Is there ever a situation where a commercial policy might cause a company to become subject to the requirements of the financial privacy regulation?
- Does the insurance company have to provide advance notice of cancellation or non-renewal of a group health policy?
- Can our insurance company satisfy the notice requirements by posting its privacy policy on its website?
