5Star Life Insurance Company Privacy Policy

Know the Facts

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 can include your:

  • Name
  • Address
  • Social Security Number
  • Account balances (if any)
 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.
  Does 5Star Life share? Can you limit this sharing?
For our everyday business purposes:
such as to process your transactions, maintain your accounts, respond to court orders and legal investigations, or report to credit bureaus?

Yes.

No.
For our marketing purposes:
to offer products and services provided or endorsed by 5Star Life

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: Compliance Department, 909 North Washington St, Alexandria, Virginia 22314, or
  • Email us at mhunt@afba.com.
To opt out
Who we are
Who is providing this notice? 5Star Life Insurance Company, an Armed Forces Benefit Association (AFBA) related enterprise.
What we do
How does 5Star Life protect my personal information? To protect your personal information from unauthorized access and use, we use security measures that comply with federal law. These measures include computer safeguards and secured files and buildings.
How does 5Star Life collect my personal information? We collect your personal information, for when you apply for one of our products or services.
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 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 in to the sharing of any information beyond the legally necessary minimum.
  • All other states 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 financial companies that together market 5Star Life’s financial products or services to you.

 

Privacy Policy Information

Full Support of Customers Continues during COVID-19 Pandememic Click here for details