What does 5Star Life do with your personal information?

Why? Financial companies choose how they share your personal information. Federal law gives consumers the right to limit some, but not all sharing. Federal law also requires us to tell you how we collect, share, and protect your personal information. Please read this notice carefully to understand what we do.
What? The types of personal information we collect, and share depend on the product or service you have with us. This information may include your:

  • Social Security Number
  • Name
  • Address
  • Account balances
  • Payment history
  • Insurance claim history
  • Information from Consumer Reporting agencies
  • Driving History
How? All financial companies need to share customers’ personal information to run their everyday business as permitted by law. In the section below, we list the reasons financial companies can share their customers’ personal information, the reasons 5Star Life chooses to share, and whether you can limit this sharing.

How do we share information and how can you limit sharing?

Does 5Star Life share? Can you opt out of this sharing?
For our everyday business purposes:

such as processing your transactions, maintaining your accounts, responding to court orders and legal investigations, or reporting to credit bureaus?

 Yes. No.
For our marketing purposes:

to offer products and services provided or endorsed by 5Star Life or its affiliates

 Yes. No.
For joint marketing:

sharing with other financial companies to jointly market the other company’s products or services

 Yes. Yes.
For our affiliated companies to market to you Yes. Yes.
For non-affiliated companies to market to you Yes. Yes.

To limit our sharing
  • Mail us at ATTN: ATTN: 5Star Life Insurance Company, 1248 O Street, STE 700, Lincoln, NE 68508, or
  • Email us at [email protected]
To opt out of sharing If you prefer that we not disclose nonpublic personal information about you to nonaffiliated third parties, you may opt out of those disclosures, that is, you may direct us not to make those disclosures (other than those disclosures permitted by law). If you wish to opt out of disclosures to nonaffiliated third parties, you may contact us as noted above. Available also is our online opt out option.

Who we are
Who is providing this notice? 5Star Life Insurance Company, underwriter, and an Armed Forces Benefit Association-related enterprise.

What we do
How does 5Star Life protect my personal information? We restrict access to nonpublic personal information about you to employees who need to know that information to provide products and/or services to you. We maintain physical, electronic, and procedural safeguards that comply with federal and state regulations to guard your nonpublic personal information.
How does 5Star Life collect my personal information?
  • Information we receive from you on applications, enrollment forms, or other forms.
  • Information about your transactions with us, our affiliates, or others.
  • Information we receive from a consumer reporting agency.1
What information does 5Star Life disclose?
  • We may disclose all the information that we collect, as described above.
  • We may disclose all the information we collect, as described above, to companies that perform marketing services on our behalf or to other financial companies with whom we have joint marketing agreements.
  • We may disclose nonpublic personal information about you to nonaffiliated third parties as permitted by law.
  • We do not disclose any nonpublic personal information to anyone except as permitted by law.
Why can’t I limit
all sharing?		 Federal law only gives you the right to limit the following:

  • Sharing for affiliates’ everyday business purposes—information about your creditworthiness
  • Affiliates’ use of your information to market to you
  • Sharing for non-affiliates to market to you

State, District of Columbia, and territory laws may give you additional rights to limit sharing.

  • For example, if you are a resident of ND or VT, you have the right to opt into the sharing of any information beyond the legally necessary minimum.
  • All other states, the District of Columbia (DC), and territories allow consumers to opt out of this sharing.
  • 5Star Life is not licensed in NY.
What happens if I limit sharing for an account I hold jointly with someone else? Your choices (provided they are the most restrictive of those you hold the account jointly with) will apply to everyone on your account.

Definitions
Affiliates Companies related to 5Star Life by common ownership or control. They can be financial and nonfinancial companies.
Non-affiliates Companies not related to 5Star Life by common ownership or control. They can be financial and nonfinancial companies.
Joint marketing A formal agreement between nonaffiliated companies that together market 5Star Life’s products or services to you.

1Pursuant to the Federal Fair Credit Reporting Act, 15 U.S.C. §§ 1681-1681x, disclosure of certain information such as assets, income, and information from a consumer reporting agency permits the consumer to opt out of disclosures to affiliates or designation as a consumer reporting agency if disclosures are made to a nonaffiliated party(ies).

Rev 12/24