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Types of Nonpublic Information We Collect:
The process of obtaining a surety bond often requires providing very personal and highly confidential information to the surety markets which we are attempting to obtain your surety bond from. All surety markets require this information as a critical part of the underwriting process. We will NEVER ask you to provide any information that has not been requested of us by a surety market. We will collect this nonpublic information about you that is provided to us by you or obtained with your authorization.
Parties to Whom We Disclose Information:
For current and former clients, we do not disclose any nonpublic personal information obtained in the course of our practice except as required or permitted by law. The information that you provide or have authorized for us to collect, is passed directly to the surety company underwriter or third parties involved in helping secure your surety bond(s). We do NOT sell or give any of your information to anyone other than a party involved in securing your surety bonds. Permitted disclosure include, for instance, providing information to our employees, and in situations to unrelated third parties who need to know that information to assist us in providing services to you. In all such situations we stress the confidential nature of the information being shared.
How We Protect Our Clients’ Information:
At Surety Solutions, like most insurance companies, we are required by law to keep records of our transactions with all of our clients. We also retain records relating to the professional services that we provide so that we are better able to assist you with your professional needs. In order to protect your nonpublic personal information we employ physical, electronic, and managerial safeguards that comply or exceed with the professional standards.
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