What safeguards does LSF provide to protect the insured’s medical and financial information?
The life settlement industry is not yet subject to the Health Insurance Portability and Accountability Act, (HIPAA). However, LSF operates as if we are subject to that law. LSF tracks and complies with all state and federal privacy laws. We take every precaution to protect the insured’s medical and financial information. Hard copy personal information is kept under double lock and key. Sensitive electronic information like social security numbers and dates of birth are encrypted with keys only available to selected Company managers.
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